The board of the United Methodist finance agency elected officers, tackled a tough situation in Nigeria and confronted lingering worries about the denomination’s financial picture.
Leaders presented a sober picture of United Methodist finances, including the need to reduce bishops. At the same time, delegates heard hope for the denomination to pivot from church exits to revitalization.
The board of The United Methodist Church’s finance agency approved agency and bishop spending plans for the coming year. The board also looked ahead to what giving and church departures might mean for the coming budget.
The board of The United Methodist Church’s finance agency approved a cost-of-living adjustment for bishops, adjusted the agency employees’ pay scale and received an update on giving.