With Revenue Down, $1.8 Million Deficit Looms for Council

http://www.livingchurch.org/publishertlc/viewarticle.asp?ID=3907

[The Living Church] 30 Oct 2007--Some $1.8 million will need to be trimmed from the 2008 budget when the national Executive Council meets in Quito, Ecuador, next February.

The deficit, which includes up to $550,000 in additional expenses for staff reorganization, was discussed during meetings of Executive Council’s Administration and Finance Committee. Council met Oct. 26-28 in Dearborn, Mich.