Fall 2016 Announcements

8/7/2016 Announcements

August 7, 2016

2016 Mid Year Update Video

July 22, 2016 • Greg Gibson

The first half of 2016 has been very fruitful at Living Hope! 10 Year Celebrations On July 31st, at 5:30pm, our second celebration of Living Hope’s 10 year anniversary will take place at the Collierville YMCA. We will have a baptism, picnic, and time to swim. Our final anniversary celebration will be Sunday, August 28th. Don't miss this opportunity to celebrate the Lord's faithfulness to us over the last decade. Budget Our fiscal year ends August 31st. Our elders have been finalizing our budget proposals for the 2016-2017 fiscal year, and you will see this proposal in the coming weeks. You will notice that our elders have proposed a 5% increase for the budget in the coming year. The main reason for this is that we will be adding our principal and interest payment to our operating budget in the coming year. In previous years, our LH360 pledges have covered our principal payments, while our interest payments were a part of our operating budget. Our elders believe that this year is an appropriate time to include both in our operating budget, so as to practice good stewardship and, we pray, to pay off our debt sooner. Our LH360 dollars that have been designated for debt retirement will be included towards our payments, as we hope to be able to pay additional dollars towards debt retirement this year.