finance

General Church
Bishop Sally Dyck presides over a discussion of the church budget during the 2016 United Methodist General Conference in Portland, Ore. With the next General Conference delayed until 2021, the board of the denomination’s finance agency decided it had no choice but to continue with the apportionment formula approved in 2016. File photo by Maile Bradfield, UM News.

Wrestling with budget after GC2020 postponed

Finance leaders decided they had no choice but to extend the 2016 General Conference’s budget directives. But they also recognize the financial challenges caused by COVID-19.
Local Church
The Rev. Kirbyjon Caldwell leads a Bible study at Windsor Village United Methodist Church in Houston in 2011. Caldwell pleaded guilty Wednesday, March 11, 2020, to conspiracy to commit wire fraud. File photo by Mike DuBose, UM News.

Houston megachurch pastor pleads guilty

The Rev. Kirbyjon Caldwell, leader of largest United Methodist congregation, admits to role in investment scheme.
General Church
Christine Dodson and the Rev. David Bell, General Council of Finance and Administration board members, raise their hands during a meeting at Scarritt Bennett Center in Nashville, Tenn. The board voted to send the smallest budget the General Conference in more than 30 years. Photo by Kathleen Barry, UM News.

Potential split leads to deep budget cuts

The United Methodist finance agency’s board narrowly approved reductions to an already slashed denominational budget. The result would be the smallest budget since 1988.
General Church
Moses Kumar discusses the denomination’s budget at the 2020 Pre-General Conference Briefing in January in Nashville, Tenn. Kumar, the top executive of the General Council on Finance and Administration, helped lead a Feb. 21 online meeting dealing with the denomination’s financial challenges. File photo by Mike DuBose, UM News.

Looking at financial impact of GC2020 plans

No matter what happens at General Conference, United Methodist leaders predict a loss of funding. That makes planning a budget especially tough.

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