Last Updated: 11/14/2016

Dear Church Family,

It has been our joy to shepherd this local body and see the ways the Lord has built up your faith, love, and hope in the Gospel as you’ve walked in faithfulness over this past year. Obedience and faithfulness to the commands of Christ have produced much fruit, and your sacrificial financial offerings have enabled our ministries to flourish for the sake of His kingdom’s advancement. As you review this packet, we hope you will be encouraged as you reflect on the myriad ways the Lord has used your financial and spiritual gifts to support the body to walk in the good works that He has prepared beforehand.

Enclosed in this packet you will also find the proposed budget for 2017. After carefully reviewing our ministry areas and considering our current financial standing, the elders have proposed a modest reduction to overall expenditures. In an effort to be good stewards of the finances entrusted to us by God, we sought to ensure each line item better reflected average expenditures. While reductions were made, we praise God that none of those reductions impact the presence or function of any of our ministries; rather, the dollar values more accurately represent true needs with room for growth.

Apart from the overall reduction, you’ll also notice that the budget structure has changed. It has been modified to reflect the two journeys paradigm, communicating a commitment to think strategically about growth both internally and externally.

There is much to be thankful for as we consider the past, and we are hope-filled for what the Lord has in store for FBC next year. The Lord has been faithful to provide for our needs, and we look forward to seeing the ways He will continue to do so through you all. Please review the enclosed proposal; we look forward to discussing it more in detail at our members’ meeting Wednesday. Please be in prayer for God’s wisdom as we endeavor to bring Him praise through our service together.

For His Glory,

The Elders

CHINA

CHILE

JAPAN

KOREA

BRAZIL

MEXICO

UKRAINE

CZECH REPUBLIC

COLUMBIA

GERMANY

RUSSIA

SPAIN

PERU

INDIA

TURKEY

ERITREA

UGANDA

ARGENTINA

VENEZUELA

KAZAKHSTAN

Ministry through 2016 Budget 2017 Budget Change %

Personnel 886,785.24 865,525.42 (21,259.82) -2.4%

Ministerial Staff 466,433.04 455,657.46 -10,775.58 -2%

Administrative Staff 187,689.40 166,848.96 -20,840.44 -11%

Contracted Staff 24,025.00 23,505.00 -520.00 -2%

Ministry Interns 33,600.00 48,000.00 14,400.00 43%

Intern - Worship 4,800.00 4,800.00 0.00 0%

Intern - Worship/Media 4,800.00 4,800.00 0.00 0%

Intern - Youth 4,800.00 4,800.00 0.00 0%

Intern - Children 4,800.00 4,800.00 0.00 0%

Intern - International Ministry 4,800.00 4,800.00 0.00 0%

Intern - TBD 9,600.00 4,800.00 -4,800.00 -50%

Intern - College - NC State 0.00 4,800.00 4,800.00 New

Intern - College - UNC/TBD 0.00 4,800.00 4,800.00 New

Intern - College - NCCU 0.00 4,800.00 4,800.00 New

Intern - City Outreach 0.00 4,800.00 4,800.00 New

Taxes and Benefits 171,037.80 166,014.00 -5,023.80 -3%

Personnel Development 4,000.00 5,500.00 1,500.00 38%

2016 Budget 2017 Budget Change %

Internal Journey Ministries 58,120.00 56,315.00 (1,805.00) -3.1%

Discipleship and Training 8,000.00 9,250.00 1,250.00 16%

Men's Ministry 1,000.00 2,000.00 1,000.00 100%

Women's Ministry 2,000.00 2,000.00 0.00 0%

Large Group Training 1,250.00 1,250.00 0.00 0%

Pastoral Ministry & Discipleship 1,250.00 2,000.00 750.00 60%

BFL Literature and Resources 2,500.00 2,000.00 -500.00 -20%

Corporate Worship 13,000.00 9,500.00 -3,500.00 -27%

Worship Ministry Expense 6,000.00 6,000.00 0.00 0%

Audio/Visuals 7,000.00 3,500.00 -3,500.00 -50%

Leadership Development 11,650.00 11,950.00 300.00 3%

Elder Ministry 200.00 500.00 300.00 150%

Deacon Ministry 250.00 250.00 0.00 0%

Pastoral Internship Program 3,000.00 3,000.00 0.00 0%

Staff Conferences & Convention 6,500.00 6,500.00 0.00 0%

Study Materials - Sr. Pastor 800.00 800.00 0.00 0%

Study Materials - Associate Pastor 300.00 300.00 0.00 0%

Study Materials - Asst. Pastor of Worship 300.00 300.00 0.00 0%

Study Materials - Asst. Pastor Fam. & Youth 300.00 300.00 0.00 0%

Family and Youth 17,300.00 17,800.00 500.00 3%

Summer Children's Activities 500.00 300.00 -200.00 -40%

Wednesday Night Resources 1,700.00 1,700.00 0.00 0%

Preschool Ministry Supplies 3,000.00 3,000.00 0.00 0%

Children's Ministry Supplies 0.00 200.00 200.00 New

Children's and Preschool BFL Resources 3,000.00 2,800.00 -200.00 -7%

Youth Ministry 9,100.00 9,800.00 700.00 8%

Member Care 6,050.00 5,700.00 -350.00 -6%

Large Group Fellowship 2,000.00 2,500.00 500.00 25%

Membership Assimilation 500.00 400.00 -100.00 -20%

Bereavement Ministry 800.00 600.00 -200.00 -25%

Home Fellowships 1,000.00 800.00 -200.00 -20%

Senior Adult Ministry 1,300.00 1,000.00 -300.00 -23%

Homebound Ministry 450.00 400.00 -50.00 -11%

Member Resources and Media 2,120.00 2,115.00 -5.00 0%

Adult Media Center 1,000.00 1,000.00 0.00 0%

Children's Media Center 500.00 300.00 -200.00 -40%

North Tower Resource Center 200.00 500.00 300.00 150%

Biblical Recorder 420.00 315.00 -105.00 -25%

2016 Budget 2017 Budget Change %

External Journey Ministries 176,455.00 172,223.00 (4,232.00) -2.4%

College Ministry 9,000.00 9,000.00 0.00 0%

College Discipleship 0.00 3,000.00 3,000.00 New

Supplies and Resources 0.00 2,000.00 2,000.00 New

Events and Conferences 0.00 4,000.00 4,000.00 New

International Connections 7,000.00 7,000.00 0.00 0%

Discipleship and Training 0.00 1,000.00 1,000.00 New

Resources and Media 0.00 1,500.00 1,500.00 New

Events and Supplies 0.00 4,500.00 4,500.00 New

Community Outreach 12,550.00 12,950.00 400.00 3%

City Outreach Ministry 3,950.00 3,950.00 0.00 0%

Health Fair 1,800.00 1,800.00 0.00 0%

Vacation Bible School 3,800.00 4,200.00 400.00 11%

Prison Ministry 1,500.00 1,500.00 0.00 0%

Caring Center 1,500.00 1,500.00 0.00 0%

Hosting and Hospitality 6,500.00 5,200.00 -1,300.00 -20%

Hosting Ministry 6,500.00 5,200.00 -1,300.00 -20%

Missions Support 141,405.00 138,073.00 -3,332.00 -2%

Cooperative Program Support 125,105.00 122,373.00 -2,732.00 -2%

Bridges Intl - NCSU 500.00 500.00 0.00 0%

Mosaic Boston - Vezikov 3,500.00 3,500.00 0.00 0%

Wycliffe - Maust 4,000.00 4,000.00 0.00 0%

CEF - John Blake 1,300.00 1,300.00 0.00 0%

Pregnancy Support Services 3,000.00 3,000.00 0.00 0%

Gospel Coalition Membership 2,400.00 2,400.00 0.00 0%

Missions Ministry Team Expense 1,600.00 1,000.00 -600.00 -38%

Ministry through 2016 Budget 2017 Budget Change %

Administration & Facilities 270,216.00 265,150.00 (5,066.00) -1.9%

Office Administration 26,750.00 25,200.00 -1,550.00 -6%

Office Supplies 5,000.00 5,000.00 0.00 0%

Office Expense 2,000.00 2,000.00 0.00 0%

Equipment and Maintenance 15,000.00 15,000.00 0.00 0%

Postage 4,750.00 3,200.00 -1,550.00 -33%

Church Image and Media 15,500.00 11,300.00 -4,200.00 -27%

Church Image and Promotion 3,500.00 4,000.00 500.00 14%

Printing 12,000.00 7,300.00 -4,700.00 -39%

Hardware and Software 17,200.00 15,700.00 -1,500.00 -9%

Software Subscriptions 0.00 9,000.00 9,000.00 New

IT Hardware 0.00 6,700.00 6,700.00 New

Finance and Processing 18,941.00 20,150.00 1,209.00 6%

Payroll Processing 6,741.00 7,300.00 559.00 8%

Processing Charges and Fees 6,500.00 7,000.00 500.00 8%

Financial Audit Expense 5,000.00 5,000.00 0.00 0%

Safety and Security Processing 700.00 850.00 150.00 21%

Facilities - Utilities 92,325.00 93,200.00 875.00 1%

Electricity 38,000.00 38,500.00 500.00 1%

Natural Gas 8,950.00 8,000.00 -950.00 -11%

Garbage 2,300.00 2,500.00 200.00 9%

Water 10,000.00 10,000.00 0.00 0%

Telephone 4,200.00 5,000.00 800.00 19%

Internet 5,500.00 5,000.00 -500.00 -9%

Insurance 23,375.00 24,200.00 825.00 4%

Facilities & Vehicle Maintenance 99,500.00 99,600.00 100.00 0%

Janitorial Supplies 10,500.00 10,500.00 0.00 0%

Janitorial Special Services 1,000.00 1,000.00 0.00 0%

Repairs and Maintenance 38,500.00 38,500.00 0.00 0%

Landscape Maintenance 16,000.00 15,000.00 -1,000.00 -6%

Capital Improvements 25,000.00 25,000.00 0.00 0%

Rand Cottage Utilities 3,000.00 4,100.00 1,100.00 37%

Vehicle Gasoline 2,000.00 1,500.00 -500.00 -25%

Vehicle Rentals 500.00 500.00 0.00 0%

Vehicle Maintenance 3,000.00 3,500.00 500.00 17%