Via Episcopal Cafe:
Following its Friday evening hearing, the Program, Budget and Finance Committee voted to craft its proposed budget based on a 19% asking for 2013-2015. The Committee third hearing, on spending, will take place Saturday evening at 7:30 p.m.
ENS has reports: Program, Budget and Finance statement affirms 19% asking.
The ENS story includes PB&F’s statement on its asking decision. “Affirms” in the ENS the headline refers to the PB&F’s earlier decision to use the presiding bishop’s proposed as a template. The PB’s budget is based on a 19% asking as was the budget from the Executive Committee.