1. Budget of Convention
Proposed by:
The Mission Council
Resolution:
RESOLVED, That the 241st Convention of the Episcopal Diocese of Connecticut adopts the following 2026 Budget of Convention as proposed and appended to this resolution.
Explanation:
The Mission Council presents a comprehensive, balanced, prepared by ECCT Staff and endorsed by the Finance Committee. The budget maintains the transparent and detailed format as previous years. It includes a cost-of-living adjustment to counter a 3.25% inflation increase, with no significant staff changes at the Commons. Our combined sources of Common Mission Support, including a sustainable investment draw of 4.75% based on the three-year average of the unitized value of the Missionary Society’s funds, yield an effective draw of 2.76% in support of operations. Additionally, a grant from the Trustees in Support of the Bishops will fund the budget.
Requirements to Implement:
ECCT parishes are called to support our collective efforts in God’s mission as outlined in the “Common Mission Support” resolution passed by the 2014 Annual Convention and in the Canons of the Episcopal Church in Connecticut. Parishes contribute 10% of their operating revenues from the previous year (“Line B” on their Parochial Reports). ECCT’s 2026 operating budget is supported by the Parishes’ 2023 PR Line B, as the changes to the 2024 PR format eliminated Line B; TEC is exploring the possibility of revising the PR for 2025. The proposed balanced budget of the convention is based on the expectation and trust that, as in previous years, ECCT parishes will participate faithfully and fully in supporting our shared mission of God in 2026.
Supporting Documents