BUDGET & FINANCE

Fletcher Hutcheson, chair

The Budget and Finance Committee is a Standing Committee of the Presbytery.  It’s duties include, but are not limited to, making recommendations to the Presbytery Council, and then  implementing those recommendations upon approval. They must maintain a three-year timetable for the development of Presbytery’s asking and spending budgets. They must also determine the sources of income, and coordinate with the Presbytery’s Funds Administration Committee in establishing guidelines for the use of funds administered by the Shenandoah Presbytery Corporation.

Date
Info

01/02/24
Mission & Ministry Remittance Sheet 2024
01/02/24

10/28/21
Check Request Template
10/28/21

2024 Standard Mileage Rates for Business, Medical and Moving Announced 

WASHINGTON – The Internal Revenue Service issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 67 cents per mile driven for business use, up 1.5 cents from 2023.
  • 21 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, a decrease of 1 cent from 2023.
  • 14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2023.

These rates apply to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.

The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs. The charitable rate is set by law. (To view the IRS web page, click here.)  

If you have any questions about this, please call Heather Carter at (540) 433-2556 ext 104.

Date
Info

05/02/24
April 2024 Budget
05/02/24

04/02/24
March 2024 Budget
04/02/24

03/05/24
February 2024 Budget
03/05/24

02/06/24
January 2024 Budget
02/06/24

01/31/24
December 2023 Final Budget
01/31/24

12/05/23
November 2023 Budget
12/05/23

11/02/23
October 2023 Budget
11/02/23

10/03/23
September 2023 Budget
10/03/23

09/05/23
August 2023 Budget
09/05/23

08/09/23
July 2023 Budget
08/09/23