In light of the potential impact of the COVID-19 pandemic, the Finance Team, Church Council and Staff created a plan to address the potential contribution shortfall due to the economic uncertainty. The assumptions and steps taken were as follows:
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• Approximately 1/3 of contributions come in the fourth quarter of the year. Due to the potential impact of COVID-19 on our economy, we have revised our budget to ensure that we can sustain a 15% reduction in giving in the fourth quarter of this year.