At its November meeting, the Board heard from its chairman about efforts to increase the efficiencies of corporate Synod so the church can use the savings on its “core competencies.”
Meeting in St. Louis May 18–19, the LCMS Board of Directors adopted a fiscal year 2019 operations budget of $69.4 million, a figure nearly $8 million lower than that of the current fiscal year, which ends June 30.
At its Nov. 16–17 meeting, the Synod’s Board of Directors fixed its gaze on “facing the realities” of the Synod’s finances and membership demographics.
The updated “Handbook” includes the Constitution and Bylaws of the Synod and features a revised and expanded index and a first-time separate red-lined edition.
“Finances are first and foremost on everyone’s heart,” LCMS Board of Directors Chairman Rev. Dr. Michael L. Kumm says during the Board’s Nov. 17-18 meeting in Schaumburg, Ill.
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