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Was there any consideration to taking a portion of the conference surplus and using same to reduce other costs such as shared ministries that could benefit all churches in the conference by putting those funds back into local missions?
Yes there was, but the CFA felt the best way to return value to local congregations is to reduce significantly the future costs that would otherwise have to be borne by those congregations. Our recommendation along with the contributions of the Board of Pensions and the Board of Trustees saves local congregations nearly $4,000,000 that would otherwise have to have been included in the Shared Ministry budget over the life of a mortgage.