The Episcopal Diocese of Lexington

At the bottom of this page, you will find PDFs of the five budgets that were presented and passed by Convention.  The budgets for the Cathedral Domain, St. Agnes House, Reading Camp and the Small Church Ministry Consortium were developed by each of these ministries.   The Mission and Ministry Budget was developed and presented pursuant to the guidelines set forth in a Resolution adopted by Executive Council in April 2007.  The following is a recap of the budget process for the Mission and Ministry Budget:

AUGUST-SEPTEMBER---Committee began meeting; reviewed budgets from prior years and year-to-date financial reports.   Input requested from Finance Committee.  Format for budget selected.   

OCTOBER---Funding requests solicited from diocesan departments, ministries, commissions and committees.

NOVEMBER---Drafting of Dream Budget began, using projected income figures based on full payment of assessments and inclusion of all funding requests without evaluation. 

DECEMBER---Dream Budget with a deficit of almost $112,000 presented to Executive Council on December 15; also posted on the diocesan web-site the end of the month.

JANUARY 3-17---Hearings on the Mission and Ministry Budget held at St. John’s in Corbin, Calvary in Ashland, St. Paul’s in Newport and Christ Church in Lexington.   Feedback solicited from hearing participants and via the diocesan web-site.   Approximately 100 people attended the hearings.  77 people completed the feedback form; 44 did so on-line.  11 people gave feedback who did not attend a hearing.  At least 19 parishes were represented in the responses.   The top funding priorities expressed were the Cathedral Domain, the Youth Missioner and Diocesan Communications. Several people suggested fund raising and/or an endowment for the Domain.  Some concern was expressed about the lack of a job description for the Youth Missioner and the size of the salary.  There was support expressed for both The Advocate and web-based communications, and suggestions were made regarding alternate funding options for the diocesan newspaper. 

JANUARY 19-23---Committee met, taking into consideration the recommendations of the Appeals committee and in consultation with the Bishop, to draft a balanced Post Hearing Budget based on the hearings and its sense of the mission priorities.  The committee did not consider 5 requests for funding that were received after 3 of the 4 hearings were held.      

JANUARY 26---Post-Hearing Budget, with an almost $10,000 surplus, was presented to Executive Council.   Executive Council adopted the Post-Hearing Budget with amendments to include full funding for four of the late requests and partial funding for one.  This budget ----the Convention Budget---has a $975 surplus.  (Executive Council also adopted the other four budgets).

FEBRUARY 21-22---A hearing was held at convention on the Executive Council’s Convention Budget.  The final Diocesan Mission & Ministry Budget was adopted by convention as presented. (Convention also adopted the final budgets for the other four ministries.)

The members of the Budget Committee are Steve Gabbard (St. Andrew’s, Ft. Thomas), Dave Sevigny (St. Raphael’s, Lexington), Mary T. Yeiser (Emmanuel, Winchester) and Bishop Sauls (ex officio).  Andrew Dinsmore (St. James, Prestonsburg) and the Rev. Sandy Stone (Advent, Cynthiana) also served, but both resigned due to conflicting obligations and/or time restraints.

PDF files of the Convention Budget can be downloaded here:

PDF #1 (Mission and Ministry, Assessment Income, and Small Church Ministry Consortium)

PDF #2 (Cathedral Domain)

PDF #3 (St. Agnes House and Reading Camp)

PDF's of complete 2007 Financial Statements

Memo re Preliminary Financials

Preliminary 2007 Financial Statements