Respond, as appropriate, to the submissions of your colleagues.
Develop a comprehensive operating budget for a small church raising $150,000 per year. Be sure the budget includes the three components articulated in the lecture in Week Four. Budget documents submitted to the board should be succinct. (Please refer to The Sample Budget.) Notice the format and the brevity of the line-by line list. Every budget presentation should have three things:
A line-by-line list of expenditures and how those compare to previous year.
A separate sheet(s) supporting the gross numbers listed on the budget.
A revenue forecast.
You are also to include (1) An explanation of how you arrived at the decisions you made regarding the budget by incorporating the principles about budgeting taught in the class. (2) An explanation of the core values of the church and how the budget reflects those values and the fulfillment of the mission of the church.
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