2015:1: Difference between revisions
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:'''<span id="2015:1">(1) District Obligation.</span>''' The obligation of a district or | :'''<span id="2015:1">(1) District Obligation.</span>''' The obligation of a district or developing district shall be an amount equal to the designated percentage of the total base income, as defined in [[2005:1-2]], of all developing churches and churches of the district, subject to such exceptions and adjustments as are indicated in [[2005:3]]. When this amount has been paid in full to the General Treasurer/Chief Financial Officer, for the General Fund, the Education Fund, and designated monies set aside in the district Church Multiplication Fund a district has met its obligation to the United Stewardship Fund. The computations for the district obligation shall be based on the financial reports of the local churches as compiled by the district statistical committee ([[1337:6]]) prior to the annual district conference. |
Latest revision as of 15:33, 13 November 2022
- (1) District Obligation. The obligation of a district or developing district shall be an amount equal to the designated percentage of the total base income, as defined in 2005:1-2, of all developing churches and churches of the district, subject to such exceptions and adjustments as are indicated in 2005:3. When this amount has been paid in full to the General Treasurer/Chief Financial Officer, for the General Fund, the Education Fund, and designated monies set aside in the district Church Multiplication Fund a district has met its obligation to the United Stewardship Fund. The computations for the district obligation shall be based on the financial reports of the local churches as compiled by the district statistical committee (1337:6) prior to the annual district conference.