The Acts of Convention

House of Deputies

Original Text of Resolution:

(A143)

Enabling Resolution Recommended by Executive Council to General Convention

Resolved, the House of Bishops concurring, That

1.0 The General Convention Budget for the period January 1, 1995 through December 31, 1997 which shall include all revenues and expenditures related to Program and Expense is adopted in a total of $129,149,678.

1.1 The Program for the budgetary period 1995-1997 is adopted in a total amount of $86,507,216 as follows:

For the year 1995 Program of $28,388,889

For the year 1996 Program of $28,728,156

For the year 1997 Program of $29,390,171

1.2 The Expense for the budgetary period 1995-1997 to meet canonical responsibilities is $15,416,757 and for the Society (corporation) is $27,225,705, which is adopted in a total amount of $42,642,462 as follows:

For the year 1995 Expense of $13,734,484

For the year 1996 Expense of $14,080,864

For the year 1997 Expense of $14,827,114

2.0 The funding policy for the period January 1, 1995 through December 31, 1997 is adopted as a single Asking based on each current year's diocesan income from parochial giving and all unrestricted general operating income, which Asking is on a graduated percentage basis established within four income ranges.

2.1 For the budgetary period 1995-1997 the graduated percentages applied to each current year's diocesan income ranges shall be as follows:

15% of income from dioceses whose estimated income ranges from $0 to $500,000.

17% of income from dioceses whose estimated income ranges from $500,001 to $1,000,000.

19% of income from dioceses whose estimated income ranges from $1,000,001 to $2,000,000.

21% of income from dioceses whose estimated income ranges from $2,000,001 and over.

2.2 For the budgetary period 1995-1997 and in support of the funding policy described in 2.0, payment of the Askings by Dioceses shall be made in twelve equal monthly payments.

2.3 For the budgetary period 1995-1997 and in accordance with the funding policy described in Section 2.0 and Section 2.1, the projected Askings are a total of $88,957,391 as follows:

For the year 1995 Askings of $29,067,244

For the year 1996 Askings of $29,648,588

For the year 1997 Askings of $30,241,559

2.4 All other revenue for the budgetary period 1995-1997 is estimated using prior years' experience as a guide for a total of $45,085,412 as follows:

For the year 1995 Other Income of $15,091,438

For the year 1996 Other Income of $14,983,002

For the year 1997 Other Income of $15,541,587

2.5 A General Ordination fee is hereby authorized which fees shall be added to the funding from dioceses and applied to the expenses of examination as appropriated in the budget. A candidate for Holy Orders eligible for examinations and so certified by the Diocesan Bishop shall not be disqualified for examination because the fee has not been paid.

2.6 General Convention registration and exhibitors fees are hereby authorized, which fees shall be added to the funding from dioceses and applied to the expenses of the 1997 General Convention, and for no other purpose.

2.7 All Special Offerings and Restricted Funds received during the budgetary period 1995-1997 shall be used for the purposes designated and no other.

3.0 In the exercise of their respective authorities, the Executive Council of the General Convention and the Joint Standing Committee on Program, Budget and Finance shall be subject to the following policies.

3.1 Each year, the Executive Council, with the advice of the Joint Standing Committee on Program, Budget and Finance, shall adjust the budget to the assured income of the Executive Council so as to carry out the Budget for that year on a balanced budget basis.

3.2 The fiscal year shall begin January 1.

3.3 If in any year the total and anticipated income for support of the Budget is less than the amount required to support the Budget approved by the General Convention, appropriations for the Budget in that year, excepting support of canonical responsibilities for the General Convention, the House of Bishops, the House of Deputies, and the Office of the Presiding Bishop, shall share in any decreases necessary to maintain a balanced budget.

3.4 Any unexpended General Funds in a fiscal year may be treated as revenue available for budgetary purposes in ensuing year(s), and shall be used for no other purposes.

3.5 General Fund income from Trust Funds available for budgetary purposes shall be expended in the year subsequent to receipt, and not in the year of receipt.

3.6 Undesignated bequests and legacies received during the budgetary period shall be set aside in the general endowment fund of which only the income shall be used for the general purposes of the Society.

3.7 Designated bequests and legacies received during the budgetary period shall be set aside in specific funds of which only the income shall be used for the purposes so designated.

Committee No. 40 Chair, Deputy Currie of Central Gulf Coast, moved an amendment to A143, as adopted by the House in Resolution D131 (1997 Budget).

Proposed Committee Amendment:

(A143)

Resolved, the House of Bishops concurring, That

1.0 The General Convention Budget for the period January 1, 1995 through December 31, 1997 which shall include all revenues and expenditures related to Program and Expense is adopted in a total of $ 129,149,678 131,509,786.

1.1 The Program for the budgetary period 1995-1997 is adopted in a total amount of $ 86,507,216 88,580,242 as follows:

For the year 1995 Program of $ 28,388,889 28,883,167

For the year 1996 Program of $ 28,728,156 29,370,766

For the year 1997 Program of $ 29,390,171 30,326,309

1.2 The Expense for the budgetary period 1995-1997 to meet canonical responsibilities is $ 15,416,757 16,503,189 and for the Society (corporation) is $ 27,225,705 26,426,355, which is adopted in a total amount of $ 42,642,462 42,929,544 as follows:

For the year 1995 Expense of $ 13,734,484 13,683,951

For the year 1996 Expense of $ 14,080,864 14,224,560

For the year 1997 Expense of $ 14,827,114 15,021,033

2.0 The funding policy for the period January 1, 1995 through December 31, 1997 is adopted as a single Asking based on each current year's diocesan income from parochial giving and all unrestricted general operating income, which Asking is on a graduated percentage basis established within four income ranges.

2.1 For the budgetary period 1995-1997 the graduated percentages applied to each current year's diocesan income ranges shall be as follows:

15% of income from dioceses whose estimated income ranges from $0 to $500,000.

17% of income from dioceses whose estimated income ranges from $500,001 to $1,000,000.

19% of income from dioceses whose estimated income ranges from $1,000,001 to $2,000,000.

21% of income from dioceses whose estimated income ranges from $2,000,001 and over.

2.2 For the budgetary period 1995-1997 and in support of the funding policy described in 2.0, payment of the Askings by Dioceses shall be made in twelve equal monthly payments.

2.3 For the budgetary period 1995-1997 and in accordance with the funding policy described in Section 2.0 and Section 2.1, the projected Askings are a total of $88,957,391 as follows:

For the year 1995 Askings of $29,067,244

For the year 1996 Askings of $29,648,588

For the year 1997 Askings of $30,241,559

2.4 All other revenue for the budgetary period 1995-1997 is estimated using prior years' experience as a guide for a total of $45,085,412 as follows:

For the year 1995 Other Income of $15,091,438

For the year 1996 Other Income of $14,983,002

For the year 1997 Other Income of $15,541,587

2.0 The funding policy in support of the General Convention budget for the period January 1, 1995 through December 31, 1997 is adopted as a single Asking from each Diocese, to which is added all other revenue for the budgetary period 1995-1997.

2.1 The single Asking is based upon a choice of either the 1994 combined Apportionment/Assesment payment by each Diocese or a graduated percentage basis established on five incremental income ranges, based on each current year's diocesan income from parochial giving and all unrestricted general operating income.

(a). For the budgetary period 1995-1997 the graduated percentages applied to each current year's diocesan income shall be as follows:

16% of the first $500,000 of income

19% of the next $500,000 of income

22% of the next $1,000,000 of income

25% of the next $2,000,000 of income

20% of income over $4,000,000

(b). In 1996 and 1997, if the diocesan choice is based on the 1994 commitments, a three percent adjustment increase will be applied in each year.

2.2 For the budgetary period 1995-1997 and in accordance with the funding policy described in Section 1.0 and Section 1.1, the projected Askings are a total of $85,168,969, as follows:

For the year 1995 Askings of $27,425,656

For the year 1996 Askings of $28,378,381

For the year 1997 Askings of $29,364,932

2.3 For the budgetary period 1995-1997 and in support of the funding policy described in Sections 2.0, 2.1(a) and 2.1(b), payment of the Askings by Dioceses shall be made in twelve monthly payments.

2.4 All other revenue for the budgetary period 1995-1997 is estimated using prior years' experience as a guide for a total of $46,009,786 as follows:

For the year 1995, Other Income of $14,967,118

For the year 1996, Other Income of $15,195,326

For the year 1997, Other Income of $15,847,342

2.5 A General Ordination fee is hereby authorized, which fees shall be added to the funding from Dioceses and applied to the expenses of examination as appropriated in the budget. A candidate for Holy Orders eligible for examinations and so certified by the Diocesan Bishop shall not be disqualified for examination because the fee has not been paid.

2.6 General Convention registration and exhibitors fees are hereby authorized, which fees shall be added to the funding from Dioceses and applied to the expenses of the 1997 General Convention, and for no other purpose.

2.7 All Special Offerings and Restricted Funds received during the budgetary period 1995-1997 shall be used for the purposes designated, and no other purpose.

3.0 In the exercise of their respective authorities, the Executive Council of the General Convention and the Joint Standing Committee on Program, Budget and Finance shall be subject to the following policies.

3.1 Each year, the Executive Council, with the advice of the Joint Standing Committee on Program, Budget and Finance, shall adjust the budget to the assured income of the Executive Council so as to carry out the Budget for that year on a balanced budget basis.

3.2 The fiscal year shall begin January 1.

3.3 If in any year the total and anticipated income for support of the Budget is less than the amount required to support the Budget approved by the General Convention, appropriations for the Budget in that year, excepting support of canonical responsibilities for the General Convention, the House of Bishops, the House of Deputies, and the Office of the Presiding Bishop, shall share in any decreases necessary to maintain a balanced budget.

3.4 Any unexpended General Funds in a fiscal year may be treated as revenue available for budgetary purposes in ensuing year(s), and shall be used for no other purposes.

3.5 General Fund income from Trust Funds available for budgetary purposes shall be expended in the year subsequent to receipt, and not in the year of receipt.

3.6 Undesignated bequests and legacies received during the budgetary period shall be set aside in the general endowment fund of which only the declared income shall be used for the general purposes of the Society.

3.7 Designated bequests and legacies received during the budgetary period shall be set aside in specific funds of which only the declared income shall be used for the purposes so designated.

Questions, regarding the Report on A143 and the Currie amendment, followed.

A vote was taken on the Currie amendment to A143.

Motion carried

Currie amendment adopted

Program, Budget and Finance moved adoption of Section I on A143, as amended.

A vote was taken on the first Section (1.0 et seq.) of A143, as amended by D131.

Motion carried

First section adopted

Program, Budget and Finance moved adoption of Section III of A143, Section II having been already adopted in Resolution D131.

A vote was taken on the third Section (3.0 et seq.) of A143.

Motion carried

Third section adopted

Resolution adopted with amendment

(Communicated to the House of Bishops in HD Message #231)