Acting Treasurer issues communiqué regarding 2007 budget adjustments
On October 2, 2007, OCA Acting Treasurer, V. Rev. Fr. Paul Kucynda, issued a communiqué to members of the Holy Synod, Metropolitan Council and to Church departmental chairs regarding measures taken by the OCA’s Finance Committee in response to the Midwest Diocese’s continued withholding of monthly assessments to the Church’s central administration.
The communiqué reads as follows.
“The Finance Committee of the Metropolitan Council met recently under the chairmanship of Archpriest Matthew Tate.
“After a review of the 2007 Budget, it was determined that due to the withholding of monthly financial support by the Diocese of the Midwest since August, it is necessary to suspend episcopal and departmental stipends, together with most departmental expenses, through the end of 2007 in an attempt to maintain a balanced budget. It was agreed that when funds become available, stipends previously approved in the 2007 budget will be restored.
“Other members of the Finance Committee are: Eleana Silk and Gary Popovich.”