21 thanked the committee ahead of time for its willingness to, in Jennings words, “wrestle with a budget that has big dreams and limited resources, and which we are agreeing to trust one another more than perhaps we have in many decades.” Jennings said the committee faces such questions as whether “our modest expectation for increased income [will] be able to fund our vastly increased hope for mission and ministry across the church and far beyond” and what it will cost “in other areas of ministry to follow what we believe God is calling the Episcopal Church to be in today’s world.” Curry placed the committee’s budget work in an even larger context.
The world, he said, is undergoing “profound shifts” religiously, culturally and politically.
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Mally Lloyd, a member of council’s Joint Standing Committee on Finances for Mission, or FFM, told PB&F.
The gap between anticipated revenue and the spending asked for by the churchwide staff and council’s joint standing committees stood at just more than million when FFM began its work at council’s Oct. The version of Executive Council’s working draft budget that PB&F studied during their meeting is far, far from final.
Crafting the budget The Episcopal Church’s three-year budgets are funded primarily by pledges from the church’s 109 dioceses and three regional areas.Lloyd, who is also a PB&F member, told the committee Oct.22 that council’s goal is to produce a balanced draft budget but, she noted, council is not required to do so.On the main road itself is the Dog and Badger pub, dating from the 14th century.To the south lies the church, and beyond this a pretty straggle of cottages and houses of varying ages and styles runs along the historic Ferry Lane to the Thames.