Fast Offering - Budget Limits

3 postsstarted by cchang 1,541 viewsoriginal topic

Member
#1
I know we don't have access to know the budget limits to Fast Offerings but is there some way to know if we are getting close to the budget limit for Fast Offerings? The needs of the Ward has increased while Tithing payments have remained the same so I wasn't sure if we reach the limit of Tithing payments taking in versus Fast Offerings expenses, would an alert be notified.
Senior Member
#2
There is no connection with tithing and fast offerings. They are different funds even at the CHQ level. And there is no specific budget for fast offerings. The bishop needs to follow the guidelines in the handbook and consult with the stake president if he has questions. There is a graph on the unit financial statement that shows the YTD fast offering donations and expenditures and the bishop may want to monitor it. But there is no requirement that donations must be larger than expenditures. If the stake feels that a bishop is spending too much on fast offerings or that the ward is not donating as much would be reasonable for their circumstances then the stake president will council with the bishop.

I know of no warnings or alerts that will come from CHQ but the stake will generally keep an eye on things and will intervene if they have concerns.
Community Administrator
#3
There have been reports that spending more than you receive tends to attract attention. But as long as the bishop if following guidelines (I'd think the most important is "sustain life, not lifestyle"), it will be OK.
Have you searched the Help Center? Try doing a Google search and adding "site:churchofjesuschrist.org/help" to the search criteria.

So we can better help you, please edit your Profile to include your general location.