In lieu of that, we should aim for three months’ worth. We can get there by setting up a budget that saves one month’s worth of income every year until the three months of income is reached.
That can be done by setting aside eight percent of your income every month for three years.
7. Include an ongoing building maintenance plan
Don’t let deferred maintenance build up. Having an annual cleanout of the plumbing lines will be cheaper in the long run than letting things build up until the toilets overflow in the middle of a Sunday morning service.
The same goes for cleaning, painting, cracked windows and so on.
8. Design the budget with the people who have a stake in it
One of the biggest mistakes small churches make with budgets is designing them in a back room, then announcing it as a done deal to the people who have to live with it.
The smaller the church, the more important it is to seek input and wisdom from the people who are doing ministry. For instance, don’t assume you know what the nursery needs, ask parents and workers what they need. Then factor that into the budget process.
Not only will you get a more accurate understanding of what ‘s needed, you’ll get more cooperation from the ministry members when their concerns have been acknowledged.
9. Factor finances into how you’ll do a ministry, not if you’ll do a ministry
A strong budget can be a wonderful servant, but it’s a terrible master.
While we need to factor finances into our planning, we can’t let money make our ministry decisions for us.
For more on this, check out my previous article, How To Give Money Less Power Over Your Church.
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