Diocese of Bristol | Budget Consultations Budget Consultation Oliver Home Diocesan Secretary Matthew Hall Finance Manager
Dec 18, 2015
Diocese of Bristol | Budget Consultations
Budget ConsultationOliver Home
Diocesan Secretary
Matthew Hall
Finance Manager
Diocese of Bristol | Budget Consultations
Purpose• Invite views and feedback
• Increase understanding
• Your input into the overall budget process
Diocese of Bristol | Budget Consultations
Timetable• Budget Consultations – July 2014• Initial budget to Diocesan Synod – 20 September• Budget Committee – 30 September• Approval by Bishop’s Council – 4 November• Final budget to Diocesan Synod – 6 December
Diocese of Bristol | Budget Consultations
Strategy 2010-15• High clergy turnover• Managing change • Reconfigure central support• Redistribute stipendiary deployment• Increase in new ministers
Diocese of Bristol | Budget Consultations
Strategy 2010-15• Anticipate initial reduction in Parish Share• Increase in non-Parish Share income• Meet transitional costs from reserves
Diocese of Bristol | Budget Consultations
The Diocese in numbers• 2 Bishops & 1 Archdeacon• 7 deaneries• 164 parishes• 204 churches• 30,000 regular attendees• 68 church schools• 210 clergy (incl.120 paid)• 33 staff in the Diocesan Office (some part-time)
Diocese of Bristol | Budget Consultations
Context• This budget covers the Bristol Diocesan Board of
Finance Ltd (BDBF)• The BDBF pays for clergy, their housing, training
& development• It also pays for training curates
Diocese of Bristol | Budget Consultations
Context• The BDBF pays for support services, including:
– Education, Higher Education, Vacancy Development, Ecumenical Officer, Archdeacon, DAC, Safeguarding, Communications, Finance and HR
Diocese of Bristol | Budget Consultations
Results for 2013Approved by Diocesan Synod
Income = £7,356k
Expenditure = £(7,550)k
Deficit = £(194)k
Mission Fund = £100k
Deficit = £(94)k
Diocese of Bristol | Budget Consultations
Results for 2013Actual results (excl. restricted)
Income = £7,356k £7,286k
Expenditure = £(7,550)k £(7,526k)
Deficit = £(194)k £(241k)
Mission Fund = £100k £100k
Deficit = £(94)k £(141k)
Diocese of Bristol | Budget Consultations
Expectations for 2014Approved by Diocesan Synod
Income = £7,403k
Expenditure = £(7,674)k
Deficit = £(271)k
Mission Fund = £100k
Deficit = £(171)k
Diocese of Bristol | Budget Consultations
Expectations for 2014Revised forecast
Income = £7,403k £7,253k
Expenditure = £(7,674)k £(7,652)
Deficit = £(271)k £(399)
Mission Fund = £100k £100k
Deficit = £(171)k £(299)
Diocese of Bristol | Budget Consultations
Looking ahead to 2015Initial budget forecast
Income = £7,276k
Expenditure = £(7,912)k
Deficit = £(636)k
Mission Fund = £0
Deficit = £(636)k
Diocese of Bristol | Budget Consultations
IncomeParish Share £5,015k
Local fee income £350k
Grants £955k
Charges £126k
Rental income £289k
Investment income £541k
TOTAL £7,276
Diocese of Bristol | Budget Consultations
Parish Share2009 £5.380m
2010 £5.389m
2011 £5.158m
2012 £5.100m
2013 £5.018m
2014 £5.013m (pledged)
2015 £5.015m (estimated)
Diocese of Bristol | Budget Consultations
Parish Share• Supports diocese-wide
mission
• Interdependency
• A radical idea?
Diocese of Bristol | Budget Consultations
DiscussionHow should we respond as a
Diocese to the anticipated deficit for 2015?
Diocese of Bristol | Budget Consultations
Strategy 2016-18• Listening to people’s vision and aspirations• What kind of leadership?• What kind of support?• Where do we generate and focus our resources?
Diocese of Bristol | Budget Consultations
DiscussionIn the longer term, where should
our focus be, as a Diocese, in deploying our resources and generating income?