Financial Update

by Dave Rausch
ZPC Treasurer

ZPC has been abundantly blessed with your generous response to the “T2” campaign, which has now been fully subscribed. For that reason, this week’s (and future) financial updates will no longer include a separate summary of this campaign.

As ZPC has recently completed its 2007/2008 fiscal year (June 1 – May 31), prayerful attention has been given to operational budget and cash flow concerns that heightened in the spring, and have recently been discussed. As we enter the 2008/2009 fiscal year, ZPC has been blessed with gifts that have initially pushed actual operational income above budget for this immediate period. We are most grateful for these additional gifts and the generosity that will begin to address recent operational shortfalls. We continue to trust that God will guide our financial path in the days ahead.

Last, but certainly not least, ZPC has been blessed with the gift of Laura Axelson who has served as Controller for the past 3 years, thank you so much! We will miss Laura as she deservedly leaves to spend more time with her family. In the interim period until her position is filled, we are grateful to have the services of Mike Robertson. Mike has previously served as an interim Controller, member of the church Finance Committee, and as ZPC’s Treasurer.