Building and Funding Your Capital Budget

$59.00

Your capital budget isn’t just about facilities — it’s about using your facilities to further your church’s mission. To assist you in this important process, we offer Building and Funding Your Capital Budget. This video tool kit helps you understand what a capital budget is and how to engage the big questions about your church and assess your current situation. You will also learn how to organize and set priorities and how to fund your capital budget. No matter your church size, this resource provides clues and wisdom to help your capital budget advance your mission and accomplish God’s vision for your congregation.

Building and Funding Your Capital Budget is ecumenical and designed for both self study and group use by trustees, finance committees, pastors, and finance staff.

Budget Bundle: Save when you buy Building and Funding Your Capital Budget and Developing Your Operating Budget together — $118 $99. Learn more.

Available on download and DVD/CD. Please select format below.
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Product Description

Presenter

Dr. Lovett H. Weems, Jr.
Dr. Lovett H. Weems, Jr., distinguished professor of church leadership and director of the Lewis Center


Video Presentations

What is a Capital Budget? (6:07 min)
This video covers the purpose, goals, and characteristics of a capital budget. It emphasizes the importance of missional thinking in developing a capital budget, since facilities exist only to carry out a church’s mission.

Engaging the Big Questions (4:07 min)
This video considers how the capital budget relates to broader congregational priorities — how the capital budget can best advance the church’s mission, vision, and values.

Assessing Where We Are (5:18 min)
This video outlines a process for assessing the condition and current use of church facilities to develop a comprehensive capital needs plan, including preventive maintenance and environmental stewardship.

Organizing and Setting Priorities (5:08 min)
This video describes a process for organizing capital needs into appropriate categories, sequencing larger projects, scheduling them over a period of years, estimating costs, and setting priorities.

Funding Your Capital Budget (7:12 min)
Most churches have no ongoing sources of income for capital needs. This video outlines a dozen sources of income that churches often use for capital purposed.


Instructional Segments

What is a Capital Budget?
This video covers the purpose, goals, and characteristics of a capital budget. It emphasizes the importance of missional thinking in developing a capital budget, since facilities exist only to carry out a church’s mission.

  • Video Presentation (6:07 min), Dr. Lovett H. Weems, Jr., distinguished professor of church leadership and director of the Lewis Center
  • Outline of Key Points

 

Engaging the Big Questions
This video considers how the capital budget relates to broader congregational priorities — how the capital budget can best advance the church’s mission, vision, and values.

  • Video Presentation (4:07 min), Dr. Lovett H. Weems, Jr.
  • Outline of Key Points

 

Assessing Where We Are
This video outlines a process for assessing the condition and current use of church facilities to develop a comprehensive capital needs plan, including preventive maintenance and environmental stewardship.

  • Video Presentation (5:18 min), Dr. Lovett H. Weems, Jr.
  • Outline of Key Points
  • Church Facility Survey (Excel Worksheet)
  • Space Usage Log (Excel Worksheet)

 

Organizing and Setting Priorities
This video describes a process for organizing capital needs into appropriate categories, sequencing larger projects, scheduling them over a period of years, estimating costs, and setting priorities.

  • Video Presentation (5:08 min), Dr. Lovett H. Weems, Jr.
  • Outline of Key Points
  • Sample Capital Budget Worksheet (Excel Worksheet)

 

Funding Your Capital Budget
Most churches have no ongoing sources of income for capital needs. This video outlines a dozen sources of income that churches often use for capital purposed.

  • Video Presentation (7:12 min), Dr. Lovett H. Weems, Jr.
  • Outline of Key Points

 

Additional Resources

  • Reflections on Renovation by Daniel Hilty
  • Church Facilities Annotated Bibliography
  • A Checklist for a Church Building Checkup
  • Capital Preventive Maintenance (Adventist)
  • Capital Maintenance Plan (Presbyterian)
  • Green Revolving Fund
  • Sample Space Sharing Agreement