One of our responsibilities of the Administrative Strategy Team is to guide our conference budgeting process, working in collaboration with the Council on Finance & Administration and the Connectional Table.
We are currently focused on planning for the 2024 budget. (The 2023 budget was set in June at the TWK Annual Conference.)
Objectives
With this budgeting process, we aim to accomplish four objectives founded on the TWK values:
- To strengthen engagement, communication, and collaboration across all strategy areas and
between all teams and committees in the TWK, eliminating isolated and siloed ministry,
- To directly align the dollars spent in the TWK with the values, mission, and vision of the TWK,
- To improve accountability for ministry spending, and
- To foster transparency in our work.
The Process
The budget process has 3 basic steps:
1.) The team leader and their committees will share ministry celebrations, plans for ministry and anticipated budget needs for 2024 by submitting the Ministry Update and Budget Request Form by March 1, 2023.
2.) The Connectional Table, in collaboration with the corresponding Strategy Team leader and others, and CFA (Council on Finance & Administration) will project a budget for 2024.
3.) CFA will compile an overall 2024 budget for the TWK Conference and submit it to Annual Conference in June 2023 for their consideration.
In the brief 4-minute video on this page, you will learn the rationale for our budget process and hear important instructions on what we need from each team requesting funding.
The Budget Request Process
Leslie Hotzfeld, Administrative Strategy Team Leader
For your team to be included in the 2024 TWK Budget you must submit the 2024 budget request form linked above no later than March 1, 2023.
The information your team provides will inform our ministry plans for 2023 and will provide input for the 2024 budget, as we work together across the TWK conference, aligning all our work with our mission "To discover, equip, connect, and send lay and clergy leaders who shape congregations that offer Christ to a hurting world, one neighborhood at a time.”
Questions?
In the coming weeks, team leaders will hear from their Strategy Team Leader, to see how they can assist in this process. In the meantime, questions can be sent to Connectional.Table@twkumc.org, and we will be in touch!