Budget Allocation disbursement methods
Posted: Sat Jan 04, 2014 1:59 pm
I would be interested in knowing how many of the stakes
are disbursing Budget allocations to the wards using the
percent transfer method verses issuing checks.
In my Stake the Stake President sets the Stake to receive
100% of each ward's allocation, and then gives the ward an
specific amount via check once they get the most recent
Quarterly Reports submitted.
In my area it seems that many Stake Presidents do it this
way rather than using percentage method where a portion
of the allocation is automatically deposited into the ward's
bank account. Even the ones that do that, sometimes manipulate
each percentage so a specific amount is deposited. For example:
SP: "I want the 1st Ward to get to an allocation of $400 this quarter"
Clerk: "Okay, then that means I need to set the percentage to 43%,
and it will give them an allocation of $402.45"
I wonder why the percentage method is the only option, and why a
Stake President can't just put in a flat amount ? And if that option
was added, would it make any difference ? Also, if there were an
option to place a hold on a budget allocations being deposited until
quarterly reports are received, would Stake Presidents be more
likely to move away from paper checks ?
Unless someone from Church HQ is willing to share their information, can the forum
do a simple poll that asks the forum members if their stake:
1) Distributes Budget Allocations by Check ?
2) Distributes Budget Allocations by Percentage ?
3) Distributes Budget Allocations by Percentage to reach a specific amount
(i.e. playing with the percentage until it comes close to an amount like $400) ?
are disbursing Budget allocations to the wards using the
percent transfer method verses issuing checks.
In my Stake the Stake President sets the Stake to receive
100% of each ward's allocation, and then gives the ward an
specific amount via check once they get the most recent
Quarterly Reports submitted.
In my area it seems that many Stake Presidents do it this
way rather than using percentage method where a portion
of the allocation is automatically deposited into the ward's
bank account. Even the ones that do that, sometimes manipulate
each percentage so a specific amount is deposited. For example:
SP: "I want the 1st Ward to get to an allocation of $400 this quarter"
Clerk: "Okay, then that means I need to set the percentage to 43%,
and it will give them an allocation of $402.45"
I wonder why the percentage method is the only option, and why a
Stake President can't just put in a flat amount ? And if that option
was added, would it make any difference ? Also, if there were an
option to place a hold on a budget allocations being deposited until
quarterly reports are received, would Stake Presidents be more
likely to move away from paper checks ?
Unless someone from Church HQ is willing to share their information, can the forum
do a simple poll that asks the forum members if their stake:
1) Distributes Budget Allocations by Check ?
2) Distributes Budget Allocations by Percentage ?
3) Distributes Budget Allocations by Percentage to reach a specific amount
(i.e. playing with the percentage until it comes close to an amount like $400) ?