Come to ask your questions about the Budget (FYE 7/31/24) and the proposed Amendment to the Bylaws which will be voted on by members at the August 27th Annual Budget Meeting.
We encourage you to review the following information and documents prior to the info session and budget meeting.
ABOUT THE BUDGET
In its July 29th meeting, the Council approved the proposed budget (for the fiscal year from August 1, 2023, through July 31, 2024) prepared by CUC Treasurer, David Yee, assisted by Comptroller, Angie Barboza, for presentation to the Congregation for consideration and approval at this upcoming Annual Budget Meeting.
As a reminder, the prior budget approved by the Congregation earlier this year (on January 29, 2023), was for the 7-month “stub” fiscal year that began on January 1, 2023 and ended on July 31, 2023. This was due to the recent alignment of our Church fiscal year with the Preschool fiscal year. As David Yee explained previously, with the start of the new fiscal year on August 1, 2023, we will be back to a full 12-month fiscal year.
CLICK TO VIEW:
BUDGET OVERVIEW
BUDGET DETAIL
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ABOUT THE BYLAWS AMENDMENT
Currently, our Bylaws require (1) before the end of August, an Annual Budget Meeting for CUC Members to review and approve the budget for the fiscal year, and (2) before the end of May, an Annual Membership Meeting for CUC Members to elect Council members who are to be elected by CUC Membership and transacting such other business as may properly come before the meeting. Given the recent alignment of the Annual Budget Meeting with CUC’s fiscal year, the Council concluded it would be beneficial to combine the Annual Membership Meeting and the Annual Budget Meeting into a single meeting to be held on or before the last day of September of each year for the purposes of considering and approving the budget for the fiscal year, electing Council members who are to be elected by CUC Membership, and transacting such other business as may properly come before the meeting.
The Council believes this change, which will allow for all routine, annual business of CUC to be addressed in a single meeting, is a more comprehensive and efficient way for CUC Members to exercise their reserved rights under our Bylaws. Consequently, the Council will be presenting a proposed Bylaws Amendment to CUC Members for consideration and approval at the Annual Budget Meeting that combines the Annual Membership Meeting and the Annual Budget Meeting into a single meeting as aforesaid.
