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IMMANUEL LUTHERAN BOARD OF DIRECTORS
BOARD OF FINANCE REPORT
MEETING SEPTEMBER 27, 2011

Finance report for August, 2011 (1st month of fiscal year ending July, 2012)

Month Year To Date
Actual Budget Difference Actual Budget Difference

Stewardship Income:
August, 2011--4 Sundays 27,270 32,317 (5,047)
August, 2010- 5 Sundays 33,887 32,300 1,587
Difference this yr. VS last yr. (6,617) -

Current fiscal year only:
Total income 27,888 34,877 (6,989)
Expenses 36,748 38,854 (2,106)

Net income (loss) (8,860) (3,977) (4,883) - - -
Less mortgage donations -
Operating income (loss) (8,860) - -

Finance notes:

Donation to mortgage loan in August $0 and year to date $0.

Payment to DLS reduced by $650 Maximizing Gifts program, year to date $650.

Scrip income $63 for August; for year to date $63. Thrivent Choice $309 for August; for year to date $309.

Utility bills paid in August $777; last month $1,407. August is low by over $500 because Liberty Power did not
get amount to AmerenIP in time to be included on the bill. It will be paid in the future.

$3,700 transferred from Immanuel Foundation to meet expenses
Year to date transfer $3,700 to meet expenses

8/31/11 foundation balance $42,180.30

Burmeister bequest $40,536.78
Down payment $ (5,381.00) Elwood Structures for cemetery shelter
8/31/11 balance $35,155.78

Mortgage balance $38,684.25 monthly payments $244 for 25 yrs.

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