PCUSA considers deep cuts
The proposal reduces expenses by $3.99 million and uses previous years’ reserves of $5.93 million to cover the shortfall. The net effect is a 4 percent reduction in the 2009 mission budget ? from $110,885,317 to $106,914,584 ? and represents a 16 percent decrease in the unrestricted portion of the budget and a 1 percent decrease in the restricted portion. – Presbyterian News Service