Leadership for the Presbyterian Church (USA)’s Presbyterian Mission Agency has approved a 15 percent budget cut for 2017 and 2018.
PMA’s board approved the 2017-2018 budget last Thursday and will allocate about $63.5 million for 2017 and 2018, which is about $11 million less than this year.
Tony De La Rosa, interim executive director for PMA, told The Christian Post the budget decrease was part of an overall restructuring of the nation’s largest Presbyterian denomination.
“With the General Assembly expected to discern the future structure of the Church, the Mission Work Plan was designed as a two-year bridge plan for a time of transition,” explained De La Rosa.
“The resulting budget reflects an agency-wide restructuring of positions that will enhance organizational effectiveness, efficiency, and unique resourcing.”
Click here to read more.
SOURCE: The Christian Post