Income 2007

budget $285,172

actual $284, 081

Expenses 2007

budget $292.778

actual $294,067

deficit in 2007 $9,986

Budget 2008

we anticipate an income increase of 9.6%

we anticipate a spending increase of 23.8%

(The increase is largely due to adding a very part time bookkeeper, and a part time children and youth minister)

projected income $311,351

projected expenses $364,201

Projected deficit in 2008 $52,850