2024 Budget Information
Presbytery of the Highlands Investment Policy approved September 2021
Questions from members of the Presbytery about the budget
Will there be an increase in Per Capita?
There is no increase in the 2024 Per Capita – It will remain at $42.50.
Where does the investment income come from?
The investment income/revenue for the operating budget comes from three investment funds, the Mission and Ministry Fund, The Chesnutt Fund (new for 2024) and the Sarah Clark Miller Permanent Fund.
Is there an investment strategy?
The investment policy outlines our investment strategy. The Administration and Coordinating Team annually determines the % used for the operating budget. For 2024 the percentage is 5%.
What were the investment gains for the last few years?
In the section above is the report of the investment gains and losses since the beginning of the Mission and Ministry Fund.