FORECAST 2011

&DRAFT

BUDGET 2012

FORECAST 2011

SUMMARY Forecast Actual2011 2010 Good/ (Bad)£000 £000 £000

INCOME

Parish Share 17,612 16,915 697 Glebe 2,448 2,433 15 Investment & other income 1,451 1,741 (290)Parochial & Chaplaincy fees 1,059 1,071 (12)Church Commissioners' grants 384 288 96

TOTAL INCOME 22,954 22,448 506

EXPENDITURE

Parochial ministry 18,251 18,372 121 Mission in the Diocese 2,835 2,783 (52)National church mission & ministry support 985 988 3 Administration & finance 849 872 23 Mission & ministry support (out of Church Commissioners grants) 384 288 (96)

TOTAL EXPENDITURE 23,304 23,303 (1)

(DEFICIT) from reserves (350) (855) 505

DRAFTBUDGET 2012

Summary Budget Forecast2012 2011£000 £000

INCOME

Parish Share 17,771 17,612

Glebe income 3,117 2,448 Investment & other income 1,517 1,451 Parochial & Chaplaincy fees 1,177 1,059 Church Commissioners' grants 164 384

TOTAL INCOME 23,746 22,954

EXPENDITURE

Parochial ministry 19,119 18,251 Mission in the Diocese 2,801 2,835 National church expenditure 1,010 985 Administration 850 849 Mission & ministry support (out of Church Commissioners grants) 164 384

TOTAL EXPENDITURE 23,944 23,304

(DEFICIT) FROM RESERVES (198) (350)

Key Assumptions2010 2011 2012

% % %

Stipends increase (from 1 April) 1.5% 0.0% 2.0%

Other staff salaries increase (from 1 April) 0.0% 1.5% 2.0%

Clergy pensions contribution rates 45.0% 38.2% 38.2%

ODBF Staff pension contribution rates (old scheme) 35.6% 35.6% 35.6%

ODBF Staff pension contribution rates (new scheme) 12.0% 12.0% 12.0%

Other Diocesan cost increase 0.0% 0.0% 0.0%

Buildings repairs and maintenance cost increase 2.4% 2.7% 2.5%

Diocesan average share increase 2.5% 3.0% 2.0%

PARISH SHARE

PAROCHIAL MINISTRY

DRAFTBUDGET 2012

PAROCHIAL MINISTRY Budget Forecast2012 2011 Good/ (Bad)£000 £000 £000

EXPENDITURE

Clergy stipend, NI & pension contributions 12,793 12,291 (502)

Clergy housing costs 4,310 4,106 (204)

Other parish related costs 1,240 1,097 (143)

Central fund for training 776 757 (19)

TOTAL EXPENDITURE 19,119 18,251 (868)

MISSION IN THE DIOCESE

DRAFTBUDGET 2012

MISSION IN THE DIOCESE Budget Forecast2012 2011 Good/ (Bad)£000 £000 £000

EXPENDITURE

Board of mission 1,926 1,949 23 Education 431 433 2 Grants 143 153 10 Communications 266 265 (1)Bishop's Council & other projects 5 5 0 Partnership in World Mission 30 30 0

TOTAL EXPENDITURE 2,801 2,835 34

INCOME

Board of Mission 215 249 (34)Education 201 189 12

TOTAL INCOME 416 438 (22)

NET EXPENDITURE 2,385 2,397 12

ADMINISTRATION

DRAFTBUDGET 2012

ADMINISTRATION Budget Forecast2012 2011 Good/ (Bad)£000 £000 £000

EXPENDITURE

Direct, project & central costs 414 405 (9)Legal & Chancellor expenditure 206 216 10 Diocesan Advisory Committee 99 98 (1)Mission & Pastoral Committee 43 43 0 Diocesan Trustees (DT(O)L) 88 87 (1)

TOTAL EXPENDITURE 850 849 (1)