Message from your Conference Treasurer
Be on the lookout this week for a mailing with information on those year-end church reports. Adrian Pell, conference statistician, is your primary contact with questions about those reports, but I can lend a hand, too.
The IRS has published the 2014 IRS mileage rate for employees. Effective January 1, 2014, the mileage rate for employees will be 56 cents per mile, down from 56.5 cents per mile in 2013.
The cutoff date for receipt of your 2013 apportionments is the end of the day on January 15th. Our deadline is driven by the General Council on Finance’s deadline for receiving our general church apportionments. Let me know, though, if you absolutely cannot meet that date. I would appreciate any extra effort you and your finance committee can make to get your apportionments paid in full for 2013.
I hope you and your church are prepared to begin the spiritual discipline of tithing starting January 1. I know many of you have wondered about your church’s 2014 apportionment amount. Your 2014 apportionment will be 10% of your 2014 operating income. If you are working on your 2014 budget, use 10% of your budgeted income as your apportionment amount. Another 1% (the tithe of the tithe) is your church’s “askings” for the year. You may remember the “askings” or “second-mile” giving includes funds for emerging congregations, ethnic-minority congregations, district extensions, and district programs.
While the new rule is much simpler than the old calculation, there are a few nuances. Churches are expected to tithe on all income including contributions, rental income and investment income but with the following exceptions:
· Rental income from a parsonage
· Contributions to a building campaign, an endowment or from a bequest
· Investment income within an endowment or building fund that is reinvested in the endowment or building fund
· Special offerings designated for outside causes such as advance specials, Special Sundays or local food bank
I will still send a statement to you and your treasurer every month showing what’s been paid. I ask that you and your finance committee instruct your treasurer to calculate 10% of your church’s weekly or monthly income and send it in as your apportionment tithe. Of course, you may instead choose to send 1/12th of your budgeted amount every month.
Feel free to contact me any time with your questions. My e-mail is email@example.com.