ALCOA, Tenn. (March 13, 2016) -- Churches gave $9.47 million in tithes to the Holston Conference budget in 2015, but it wasn’t enough to cover $10.36 million in expenditures.
The treasurer’s office reports that the 894 churches in its ledger collectively gave 90.53 percent toward a 2015 budget of $10.46 million, a budget approved by the 2014 Annual Conference. The deficit for 2015 is $893,060, said Rick Cherry, treasurer.
Even if churches had given 100 percent of their calculated tithes, Holston would have experienced a shortfall, Cherry said. “The deficit – if the tithe were paid at 100 percent of the calculated amount -- would have been $227,370."
The tithe for each church is calculated as 10 percent of total income, excluding designated giving.
Cherry reported the following statistics to the Council on Finance and Administration (CFA):
• 230 churches paid less than 96 percent of their tithes
• 664 churches paid 96 to 100 percent of their tithes
• 32 churches (excluding preaching stations) paid $0
• Churches reported a total $26.38 million as designated income
At the 2015 Annual Conference, the CFA reduced the 2016 budget by 10 percent “based on historical collection,” Cherry said. The approved 2016 budget is $9.7 million.
“Collectively, CFA and the district superintendents are working with churches that fail to live up to the covenant and pay the tithe,” Cherry said.
Renovation at Alcoa headquarters provides space for staff (The Call, 10/19/2015)
Five questions about the proposed apportionment (The Call, 6/9/2010)
Way to Give (Holston CFA, 2014-2016)