The question first came up while presenting the monthly financial report to our church’s governing body.
“Why are office supply costs so high?” an elder asked.
I hadn’t previously noticed, and I didn’t have a good answer to the question.
I discussed the variance with my finance team and sat down with the manager of our print shop, who handled all office supply purchases. No one had a good explanation for a nearly 15 percent expense increase.
What was happening?
Start by Watching
When it comes to managing a church’s money, leaders sometimes assume that they need answers to questions right away. My investigation into this question reminded me that isn’t always so. Budgets, income statements, and expense reports are complex for churches of any size, so to immediately recall every detail is impossible.
But you do need to be willing to figure out the answers.