October 27, 2019 Annual Meeting Minutes

Minutes of Annual Meeting

First Congregational Church of Norman, UCC

October 27, 2019

In attendance: Eddie Rothermel, David Wheeler, Sallie Church, Paul Martin, Wayne Bowers, Kathy Anderson,

Nancy Logan, Dennis Lewis, Virginia Reynolds, Tracy Mamone, Mary Carter, Steve Davis, Louise Whitaker

A quorum being present, Steve Davis, President, convened the meeting at 5:15 pm. An agenda for the meeting was handed out and Steve explained the purpose and goals for the meeting.

Financial Report 2018-2019:

Mary Carter, Treasurer, presented the financial report for fiscal year October 2018 — September 2019.

Total Income                                   $55,000

Total Expenses                                $57,300

Shortfall                                           (   2,300)

Total Assets                                     $24,340               (Checking account $11,080; Savings account $13,260)

Total Liabilities                               (      450)               Consists primarily or payroll taxes

Total Equity                                     $23,890

Proposed budget 2019-2020:

Mary Carter presented the proposed budget for year October 2019 — September 2020. The budget proposals were presented earlier and discussed at the Vision 2020 meeting on September 29, 2019. The church has had significant growth in income for the past three years. Based on projected income, projected growth based on new members and pledges received, the projected income for 2019-2020 is $66,920.

Based on estimates, Mary presented a proposed budget of $68,400. Steve Davis made a motion, seconded by Paul Martin to accept the proposal. Steve rescinded the motion to allow additional discussion. A request was made to add a line item to the budget for $500 for expenditures for choral music. Wayne Bowers made a motion to accept the amended budget of $68,900. Paul Martin seconded the motion. The motion was approved by unanimous vote.

Constitution and By-Laws:

Louise Whitaker, Secretary, presented proposed amendments to the By-Laws. The amendments corrected discrepancies in the terms of officers in two different articles in the By-Laws, and clarified existing committees. Kathy Anderson pointed out a discrepancy that had not been changed. Nancy Logan made a motion to approve the proposed amendments to the By-Laws, with the provision that the correction in wording be made. Kathy Anderson seconded the motion. It was approved unanimously.

Election of Treasurer:

Ruth Blake had previously agreed to accept the nomination for Treasurer. Announcements for additional nominations had been made as outlined in Article Ill of the By-Laws. There were no nominations from the floor, and Ruth was elected by acclimation, for a three-year term, with duties beginning January 1, 2020.

There was no additional business from the floor. Steve Davis adjourned the meeting at 6:00 pm.