SOTH Council Monthly Committee Report

Committee Name


Report Date



Larry Holihan

Items Discussed

Attached are financial for April 2019.

The money needed to retire the mortgage as of May 16 is about $176,992.
We received $2,592 in the Reduction fund in April.

Our electric bill for April was $756. (Good! But May bill has returned to over $1,000. I have asked the electric company for a rate review to discover ways to reduce this bill.

A bill for $14,879 for a security system was paid in April. All of the income for this project was donated by a member.

We will be starting a mortgage reduction campaign beginning July 1 and ending in Feb or March next year. The goal will be go eliminate the mortgage by the end of year 2000. We may not make it, but it is a good goal. I am setting up a $150,000 goal. We already are close to $15,000 better than that so we will show some progress when we first put up the chart. I am ordering two charts to be displayed in sanctuary. image attached.


We still do not have electronic files of our finances from our previous bookkeeper. Recommend aggressive action to accomplish this.

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