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Monday, September 11, 2017

How to Make Budget Cuts in a Healthy Way


Churches often make budget cuts the easy way, as shown in the chart below. They choose a percentage by which the entire operating budget should decrease. Then they force every department to cut the same amount across the board. Essentially, the waterline is lowered for everyone.

It sounds fair to treat everyone exactly the same. Hard conversations are unnecessary and no one gets their feelings hurt. The ship might be sinking but at least everyone is going down together! (Actually they won’t. The best leaders will recognize what is happening and jump ship before it is too late.) Read More

Related Articles:
Top 10 Church-Finance Mistakes
29 Mistakes Churches Make With Money

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