OCA Treasurer’s report for first quarter of 2013 available

The report of Ms. Melanie Ringa, Treasurer of the Orthodox Church in America, for the quarter ending March 31, 2013 is now available on-line.

In her introductory notes, Ms. Ringa noted that “the operating budget that was passed last fall was a deficit budget,” adding that “several additional expenses were added at the spring Metropolitan Council meeting held in February [2013].” While the budgeted operating deficit for Q1-2013 was $87,034.00, the actual deficit was $151,608.00. Across all funds, the deficit for the first quarter is $139,826.00.

The complete report may be accessed in PDF format.