Annual Budget

First Free Will Baptist Church of Valdosta, Inc. d.b.a.

Open Door Fellowship

2007 BUDGET

		Budgeted
General Funds Available January 1, 2006		$ 16,000.00
Projected Receipts for 2006		30,000.00
Projected Funds Available		$ 46,000.00
Projected Expenditures for 2006
	Cooperative Giving	$ 1,500.00	⁽¹⁾
	Acts 1:8	1,500.00	⁽²⁾
	Associational Expenses	300.00
	LRA Camp	1,200.00	⁽³⁾
	Other Special Offerings	500.00	⁽⁴⁾
	GA Mission Board	10,000.00	⁽⁵⁾
	Travel & Meetings	800.00
	Utilities	2,000.00
	Telephone	1,600.00
	Office/Ministry	8,500.00	⁽⁶⁾
	Buildings/Grounds		⁽⁷⁾
Total Projected Expenditures		$ 27,900.00
Transfers to Special Funds		$ 800.00	⁽⁸⁾
Projected General Funds Available After Expenditures		$ 17,300.00
Notes to budget:
⁽¹⁾	Five percent (5%) of undesignated gifts go to the Georgia State Association of Free Will Baptists cooperative program.
⁽²⁾	Five percent (5%) of undesignated gifts go to the Georgia State Association of Free Will Baptists Acts 1:8 program.
⁽³⁾	The body decided in the 2006 business meeting to send $100 per month to the Little River Youth Camp.
⁽⁴⁾	Includes the Damon Dodd Offering, Change for Missions, Special Offerings, Etc.
⁽⁵⁾	These funds are sent to the state office to offset the expense of a full-time pastor provided by the State Mission Board.
⁽⁶⁾	This includes the proposed purchase of a wide screen monitor (approximately $300) to use with the lap top computer when presenting the mission work at state and district meetings, an electric piano for mobility (approximately $1,000), and a color monitor (approximately $100) to use with the DVD and projector system.
⁽⁷⁾	Because of uncertainty in meeting locations it is impossible at this point to project costs in this area.
⁽⁸⁾	Twenty percent (20%) of the increase in funds over expenses each month are automatically transferred into the building fund. Five percent (5%) of the increase in funds over expenses each month are automatically transferred into the benevolent fund.

Goals for 2007:
⁽¹⁾	Continue focus on reaching folks for Christ.
⁽²⁾	Close on the sale of the property on Forrest Street.
⁽³⁾	Acquire new property on which plans can begin for a new building/location.
⁽⁴⁾	Determine temporary meeting arrangements.
⁽⁵⁾	Begin aggressive promotion of move in area of new location.
⁽⁶⁾	Finalize plans for new facilities.