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Synod Funds Management Committee (SFMC)
• Section 9.9 of the By-Laws
• Establishes the Synod Fund
• Determines the purpose/components of the Synod Fund
• Outlines SFMC’s responsibilities
(a) presenting to the Synod Standing Committee a
comprehensive Synod Budget in line with Synod priorities.
Uniting Resources 2013
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The 2012 - 201313 Financial Year
The Synod Fund $12,325,000
UFS $9,500,000
Living is Giving $1,800,000
Sales Proceeds Levy $825,000
Other $200,000
Total Distributions $12,697,000
A deficit of: ($372,000)
Uniting Resources 2013
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The Synod Fund is not the Synod Budget
• The Synod Fund represents only part of the Synod’s revenue
• The Synod Fund is allocated by formula and negotiation
• Budgeting occurs independently by beneficiaries
• No single body has been responsible for a Synod budget
Uniting Resources 2013
A few changes for 2013 - 2014
• Include all income/costs of Secretariat, UME, UR and functions
• “Zero Base Budget” with explicit assumptions for each cost
• All cost areas are subject to review without exception
• There are no “entitlements” or guarantees of funding
• Cash management centralised from July 1, 2013
• A surplus for 2014 assuming a sustainable level of income
Uniting Resources 2013 7
Given limited resources, choices must be made
• Recognise the past practices are unsustainable
• Be clear on priorities
• Re-assess Synod costs
• Challenge the “sacred cows”
• Evaluate our role as stewards of the Church’s assets
Uniting Resources 2013 8
Preparing the FY14 Budget
An iterative process starting from “Business as Usual”
• Templates and guidelines provided
• Minimise inter entity charges
• Budget on a Business as Usual basis
• Challenge and review each line item, document assumptions
• Review of cash accounts – understand then consolidate
•Review and Oversight - SFMC, UME, UTC, UR, ED’s
Uniting Resources 2013 9
Reducing the Deficit
• Review of all costs areas by finance teams and ED’s
• In depth organisational review
• Consideration of Regulations and By-Laws
• Review of past processes
• Identifying adjustments
• Review and approval by SFMC
Uniting Resources 2013 10
Uniting Resources 2013
The FY14 Synod Budget: $3.2M deficit
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Synod Income: $16.5M
Top 10 Expenses
Synod Expenses: $19.7M
2013/14 Budget
D
1,800,000
Redn % 4,800,000
59% 200,000
6,800,000
96,794
105,6816,597,525
Assembly 2012/13
Synod Operating
Fund 2012/13
Synod Mission
Resource Fund 2012/13
Presbytery Resource
Grants 2012/13
Total Budget 2012/13
12 55 19 14 100
12 64 10 14 100
791,703 4,222,416 659,753 923,654 6,597,525
791,703 4,222,416 659,753 923,654 6,597,525
PRG is budgeted at $930,000 for FY14
Presbytery Original Less 10% Old % ProposedCanberra $120,080 $108,072 $58,223 $62,567Macquarie Darling $150,080 $135,072 $72,769 $78,198Far North Coast $120,080 $108,072 $58,223 $62,567Georges River $120,080 $108,072 $58,223 $62,567Illawarra $120,080 $108,072 $58,223 $62,567Ku-ring-gai $120,080 $108,072 $58,223 $62,567Mid North Coast $120,080 $108,072 $58,223 $62,567New England North West $120,080 $108,072 $58,223 $62,567Riverina $120,080 $108,072 $58,223 $62,567Sydney North $120,080 $108,072 $58,223 $62,567Hunter $120,080 $108,072 $58,223 $62,567Parramatta Nepean $156,958 $141,262 $76,104 $81,782Sydney $156,958 $141,262 $76,104 $81,782Korean Commission $120,080 $108,072 $58,223 $62,567UAICC $120,080
Total $1,904,962 $1,606,393 $865,430 $930,000
Addback UAICC $58,223
Total $1,904,962 $1,606,393 $923,654 $930,000
Uniting Resources 2013 12
Costs
• Entities are affected
• People are impacted
• Jobs will go
• Reviews will create uncertainty
• These reviews might result in further costs
Uniting Resources 2013 13
Transitional Budget
• A deficit is proposed – this is not sustainable
• Income expected to increase in FY15, which provides options
• Projects/reviews are required and they take time
• Unpopular measures are necessary
• Supports the Church to determine its future directions
• A long way to go
Uniting Resources 2013 14
Debt to be repaid
• The Property Trust to borrow $100M to recapitalise UFS
• The Synod’s overall debt facilities reduce from $225M to $150M
• Average borrowings over last three years were $171M
• Reduces risks, supports distributions, ensures compliance
Uniting Resources 2013 15
Deliver inspiring messages to build faith and a vibrant community
A unified story about what we bring to our members and society
A way of connecting with people who need, and want to know, who we are and what we’re doing
A clear direction for the way the church tells our story
Uniting Resources 2013 17
Calendar
1 The timing, frequency and key content of the Communications Calendar - to help ensure maximum impact for effort and resources.
• Review timing, frequency and content plan of all Synod publications
• Develop synergies including across UFS and UnitingCare publications
• Establish events calendar for congregations and Presbyteries
• Provide support e.g. Webinars, Toolkits
• Leverage communications channels in other Synods and Assembly
Uniting Resources 2013 23
Media
2• Review media and issues and risks management
• Develop synergies including across UFS, UnitingCare and Assembly
• Develop issues management plan for Business Continuity, Disaster Recovery and for reputation management
• Leverage communications channels in other Synods and Assembly
Media and Issues Management
Uniting Resources 2013 35
Internet
3• Redesign and rebuild internet as a source for news, information and a
community platform for members and future members of the Church
• Rationalise the content structure and information of the site for cost, effort and impact improvements
• Simplify the technical structure of the many sites of the Synod of NSW and the ACT
Build a consistent, up-to-date, well-organised and active online presence and community
Uniting Resources 2013 36
Fundraising
4• Appeal strategy and implementation including a review of Living is Giving
• Bequest strategy and implementation
Fundraising
Uniting Resources 2013 37
Intranet
5 Build a consistent, up-to-date, well-organised and active online presence and community
• Relaunch as service portal to congregations and Presbyteries – a source for news and toolkits
• Update and refresh manuals and procedures so they are easy to access, understand and use
• Create tools and templates once so they can be used many times
Uniting Resources 2013 38
Contact database
6• Create Church contact database for a single view of Synod members
and entities
Build a consistent, up-to-date, well-organised and active online presence and community
Uniting Resources 2013 39
What’s Happening
• Four Synod workshops on the Website
• Collaborate with UnitingCare on Communications
• Marketing & Communications plan to SSC in August 2013
• Insights continues … May edition will cover Synod 2013
Uniting Resources 2013 40
A Theology of Property for a pilgrim people“We are entering a new era of challenge across the church. Attendances are declining
and buildings are deteriorating. Properties are often an emotional and financial burden
rather than resources for mission. Building maintenance is now the third largest budget
item for local congregations across the church. Decisions about property are often
restricted by what we can afford. And we must comply with complex state and federal
laws.” Synod of Victoria and Tasmania, 2008
Uniting Resources 2013 42
The Property Project
Key Themes
•The Theology of Property
•Common Wealth
•Property and Stewardship
•Resourcing
Uniting Resources 2013 44
Focus Areas
•Strategic Principles
•Mission Proceeds Policy
•Development Opportunities
•Property Committees
Next workshop … June 2013
The decision making body regarding charities
• All ABN organisations with a charity or benevolent institution status
must register with the ACNC
• No registration > No charitable status > No tax benefit
• A basic religious charity is exempt from reporting
• Reported information is in the public domain
• There is a high level of uncertainty at present
Uniting Resources 2013 46
Men’s Sheds - Important, but high risk activity
• The structure used to establish and operate a Men’s Shed is important
• A supervised functioning activity of the Church
• Separately constituted committee
• Incorporated association, not an activity/entity of the Church
• Participants or Volunteers?
• PCBU
• Insurance
Uniting Resources 2013 48