The Finance Committee would like to share the following information about Zion’s financial situation. Even though the giving to the General Fund in May was down about $4000 from a year ago, the year to date total for 2021 is only down a little over 1%. Expenses for the General Fund for May were about $52,500 which is about 2/3 of what they were in May of 2020. For the year to date, expenses are almost $267,000 which is drop of about 16% from this time a year ago. The General Fund cash on hand as of the end of May was $308,849.
The Building Fund income for May was almost $16,000 which is about $4,000 more than was given in May of 2020. For the year to date, the income exceeds the mortgage payments by $67 which is about as close to even as possible. Cash on hand in the Building Fund is just over $60,000.