Audit discussion

In its report to the delegates, the Auditing Committee spoke about some of their concerns in reviewing the Diocesan budget.

One note of concern they raised was the $20,000 increase in costs for last year’s Assembly. Part of the reason for the increase was the increase in number of presenters and individuals who led meetings.

“A little more on-going monitoring of special projects would serve us better,” said Committee member Karen Dederyan.

Another item on their report was the level of borrowing from the restricted funds. Their concern was the level of borrowing went up. Some borrowing from the restricted funds is welcomed, as it saves the Diocese from paying interest to outside institutions. “Our concern is that we’re using that a little too freely and too easily,” Dederyan said.