After a good increase of 15.5% in January, the February income increase was disappointing. The month started off with negative figures, but conditions gradually improved until we ended the month with a 6% increase over February, 1984. This brought the year-to-date increase to 11.2%, which is slightly less than the 12% increase we had budgeted for. The severe weather conditions in February probably limited the income of some of our contributors, decreasing the amounts of their tithes and offerings.
Most departments have done a very good job of holding expenses under budget. In fact, the income shortfall was offset almost exactly by the amount the combined departments were under budget. This means that even though the reserves are still too low, they have not eroded below expected amounts through the end of February.
We are hoping and praying that this downward income trend will change soon. If we and all the brethren prepare properly for the spring holy day offerings and are generous according to how God has blessed us, I'm sure conditions will improve.
REPORT FROM THE TREASURER'S OFFICE
Worldwide Church of God