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Based upon prior year's closing numbers.
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OPERATING INCOME
Giving from Identified and Not Identified Donors
Investment Income Utilized for Operations
Building Use Fee and Rental Income
Other Unrestricted Operating Income
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TOTAL OPERATING INCOME
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Calculation of Connectional Funding Remittance:
Yearly General Church Connectional Funding (1% of Total Operating Income)
Monthly General Church Connectional Funding Payment
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Yearly Annual Conference Connectional Funding (1% of Total Operating Income)
Monthly Annual Connectional Funding Payment
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NOTE: Operating income does not include “benevolences (outside ministries supported by the local church), capital campaign receipts, borrowed funds, fundraisers for non-operating expenses, receipts for reduction of indebtedness, memorials, endowments, and bequests whether restricted or non-restricted, receipts for Global Methodist Church special mission programs, grants and support from other organizations, sales of land, buildings or other church assets, and other non-operating income received” and revenues derived from these categroies should not be included Total Operating Income.
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