Cash Reserves
Cash Reserves

A congregation’s income ebbs and flows, so it is a good idea to have some cash reserves that can help keep the bills paid in the summer when attendance and pledge payments fall off. 

Also, congregations  often include a line item in their operating budget of 3-5% of the budget for facilities-related reserves (e.g., a Building Reserve Fund), so that when a new boiler or roof is needed, money is available.

 

About the Author

  • The regional Congregational Life staff are congregations' local connection to the UUA. All of the program Congregational Life staff have expertise in most aspects of congregational life and each also has a few program areas of expertise. See the UUA Congregational Life Staff...

For more information contact conglife@uua.org.

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