Recent meetings (8th October) of the Finance Committee and Central Trust have focussed on overhauling the FCE’s financial structures to make evangelism, church planting, training, and clergy stipends priorities. These priorities were set by the discussion groups at Convocation earlier this year. Money from investment income is being diverted to cover the costs of administration, travel, etc. to free up the income from the quotas for core Gospel work. The General Treasurer was able to report an increasingly healthy financial picture, which should enable funds to be allocated to new projects. The new budget structure is due to be presented to Convocation in 2020.
