North Georgia Conference

Treasurer/Administration

• Treasurer
  • About Us
  • Accounting and Legal
  • Apportionments and Payments
  • Benefit Payments
  • Charitable Gifts
  • Charge Conference Reports Reference
  • End of Year Reports
  • End of Year Reference
  • Fund Numbers
  • General Administration
  • Staff Directory
  • Statistical Tables
  • Tax Resources

• About Us
• Bishop
• Benefits
• Church Development
• Communications
• Connectional Ministries
• Districts
• Ministerial Services
• Related Organizations
• Resources
• Technology
• Treasurer
• hands to Honduras

North Georgia Conference churches continued their strong support of connectional ministries in 2006. Total apportionment payments were $22,079,098 a slight decrease compared to 2005. Payments to Conference and General Advances and to special offerings totaled $1,932,369 compared to $6,349,778 in 2005.

For the fifth consecutive year, the North Georgia Conference was the top payer of General Church apportionments, with a total paid of $6,532,213.

For the seventh consecutive year, the Gainesville District achieved a 100% apportionment payment rate. The Griffin District achieved the second highest percentage at 98.1%. The Atlanta-Roswell District had the highest payment total, followed by Atlanta-Emory and Atlanta-Marietta.

The Treasurer’s Office continues to emphasize training for local church treasurers and finance committees. We continue to utilize both district training events as well as meetings with individual churches for the purpose of interpretation and clarifying policy and procedural issues. We strive to update our website with current information, and communicate directly with local church treasurers via our email group. We appreciate and rely on feedback from the local churches to help us focus on issues that are important to them.

Investment Summary

Conference funds are invested in accordance with the Investment Guidelines approved by the Annual Conference in 2006 and published in the Annual Conference Journal. Investment maturities and rates of return vary based on projections of cash needs, both short and intermediate term. We currently have funds invested with the GBOPHB (past service pension and retiree health insurance reserve) and the North Georgia Foundation. Funds not invested with those organizations are invested in an interest bearing account with local banks. Funds are also invested with the North Georgia Foundation and we interact regularly with Foundation staff to review our investment performance.

In 2006, the Conference earned $3,935,000 or 13.6% on invested funds of approximately $28,901,000 (average balance). Total investments at December 31, 2006 were $30,317,000.

Keith Cox, Conference Treasurer and Director of Administrative Services