[Anglican Journal] General Synod, the governing body of the Anglican Church of Canada, ended 2011 with a deficit of CAN$65,000 (US$63,414), due to a decline in expected revenue of CAN$808,000 (US$788,288), according to Treasurer Michele George.Reviewing General Synod’s financial results for 2011 at the spring meeting here of the Council of General Synod (CoGS), George explained that the budget of CAN$12 million (US$11.71 million) had planned for a surplus of CAN$18,000 (US$17,557). Instead, a loss on investments, a decline in proportional giving from dioceses and lower than anticipated results from annual appeals led to a shortfall.General Synod was able to use 20% of CAN$2 million (US$1.95 million) in undesignated legacies to help cover the shortfall, George told delegates.The 2011 results show that budgeting revenue remains a challenge for General Synod, said George, adding that, “We’re clearly struggling at the moment.” Although General Synod has always budgeted conservatively when it comes to investment income, this year, it is being “more diligent” in monitoring revenue. If necessary, other sources of funding may need to be identified or work deferred, she said.“Resources for Mission, particularly the annual appeals, were disappointing and resulted in a shortfall of CAN$752,000 (US$733,443),” according to the financial management committee report to CoGS. The shortfall was partially cushioned by a reserve of $200,000 and partly from undesignated legacies.Proportional giving fell short of budget by CAN$273,000 (US$266,262), but part of the loss was cushioned by another reserve of CAN$200,000 (US$195,064), according to the financial management committee report to CoGS.The continued volatility of global investment markets resulted in a loss of more than CAN$300,000 (US$292,622) in market value of the investments, the report added. The 2011 budget had anticipated more than CAN$150,000 (US$146,318) in investment revenue but instead lost CAN$164,000 (US$159,974). “We were off budget by CAN$83,000 (US$80,974),” George said in an interview.Vianney (Sam) Carriere, director of resources for mission, said that one of several possible reasons for the under-performance of the Anglican Appeal was that “the original estimate of the revenues may have been too high.” He pointed out that the other fundraising campaigns in the national church, including the Anglican Journal Appeal and the Gifts for Mission catalog, met their targets in 2011.The good news, said Carriere, who is also director of communications and information resources, is that the Anglican Appeal campaign already appears to be ahead of its target for this year. “So we’re hoping that last year was a blip and that we’ll recover.” In addition, efforts are underway to strengthen all three fundraising campaigns through the integration of campaign staff and resources. “Hopefully it will pay off,” said Carriere.The council, in three separate resolutions, approved the 2011 financial statements of General Synod, the Consolidated Trust Fund, and the Resolution Corporation.— Marites N. Sison is staff writer for the Anglican Journal. Rector (FT or PT) Indian River, MI By Marites N. 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Many dams in the region are reported to be overflowing . download Indian Express App More Related News 2016 9:31 am Imran Khan.
“How can a democrat want the military to come in?” Khan said “He has to answer He can’t hide behind ‘democracy in danger’” Pakistan’s military has repeatedly refused to comment on Wednesday’s planned protests Relations between the PML-N party and the military soured earlier this month after a newspaper report about a top-level national security meeting angered the army prompting the removal of one of Sharif’s cabinet ministers blamed for the leak The tense relations as well as the rowing between Sharif and Khan have stirred unease and prompted newspaper editorial warnings that a descent into street chaos could trigger military intervention On Sunday one of Sharif’s closest allies Planning Minister Ahsan Iqbal wrote in the English-language The News newspaper that Khan was “willing to derail democracy for personal gains” The attack adds to long-held suspicions by PML-N supporters that Khan is being used by the military in a power struggle with the civilian government which has ceded control of key policy areas such as relations with India and Afghanistan to the military “I don’t need the army” Khan said “I’m doing what the opposition is supposed to do Expose corruption expose breaking the laws of the land … It doesn’t mean I’m asking the army to come in” SHARIF “MESSED IT UP” Khan said it is corruption not protests that threatens democracy “When you have people coming to power and looting the country they actually weaken the democratic system because people lose faith in democracy and when the army comes in they welcome them with sweets” Khan blamed Sharif for the latest tensions between the government and the military saying Sharif’s allies leaked details of the security meeting to the Dawn newspaper “They messed it up” said Khan “They have humiliated the army they’ve exposed the army they’ve ridiculed the army because of the (Dawn leak) – what have we got to do with it” The Oct 6 Dawn article said top PML-N politicians confronted high-ranking military officials and called for the military not to interfere if civilian authorities tried to arrest members of anti-India militant groups such as Jaish-e-Mohammad and Lashkar-e-Taiba On Friday Khan’s supporters fought running battles with police in the city of Rawalpindi close to Islamabad Scores of PTI party workers have been arrested Khan has accused the police of brutality and urged his supporters to lay low until Wednesday to avoid arrest FEARS OF INSTABILITY Khan’s latest challenge to Sharif’s government is based on leaked documents from the Panama-based Mossack Fonseca law firm that appear to show the prime minister’s daughter and two sons owned offshore holding companies registered in the British Virgin Islands and used them to buy properties in London Sharif’s family denies wrongdoing Holding offshore companies is not illegal in Pakistan but Khan insists the Sharif family money was gained by corruption Khan 64 said in May he used an offshore company himself to legally avoid paying British tax on a London property sale The ruling party has said it would take part in an investigation but has rejected the opposition’s formula focused on Sharif’s family rather than making it broad based Sharif’s own name did not appear in the Panama Papers In 2014 Khan led a months-long occupation that paralysed Islamabad’s government quarter after rejecting Sharif’s decisive election win a year earlier The prospect of similar protests has hit the local stock market stoking fears of political instability just as the sputtering economy was starting to rebound Khan said that unless Sharif agreed to his demands over the Panama Papers investigation there was little the government could do to make him call off Wednesday’s protests However he sought to downplay his party’s calls to “lock down” the city roads and paralyse the capital something that prompted the authorities to ban all public gatherings Khan said his previous rallying cries for supporters to stop the government functioning were not a direct threat but rather a prediction “When you see a million people in Islamabad trust me the city will shut down” said Khan For all the latest World News download Indian Express App More Top Newsyellow bell pepper mousse, Now, The water supply projects department has asked for an extension of six months and an additional provision of Rs 29 crore for the project which was initially expected to be completed by December 2010. 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Some crime branch officers believe clicking photograph of chain-snatcher was just an idea to motivate citizens to help police nab suspects. the hike in rates and the introduction of waiting charges at red lights. Earlier,however, Activist Bhikabhai Jethava had filed a petition against Modi for writing a letter to the PM over the appointment of the Lokayukta in September and allegedly leaking its contents to the media even as the matter was sub-judice since the government had challenged the appointment in the HC. the US and Japan are likely to search for fragments and salvage what they can. but experts in South Korea say most recent missiles appeared to have crashed into the ocean after burning all their fuel. She said instructions had also been issued to prepare mid-day meal at one place for the primary and upper primary schools being run on the same campus.Special care is also being taken to ensure personal hygiene of the cook, she added To provide free education to children up to Class VIIIthe state has decided to refund the fee charged in the beginning of this academic session For all the latest Chandigarh News download Indian Express App More Related News “The kingdom will continue its fight against the terrorist activities of the so-called Hezbollah in all available means.
3 billion USD to the Lebanese army over the Beirut government’s failure to sign up to statements condemning attacks on Saudi diplomatic missions in Iran. and would meet him again on Monday.