An austerity budget that its proponents say will foster growth and renewal for the Episcopal Church will be taken up for debate today at the 77th General Convention of the Episcopal Church meeting from 5-12 July in Indianapolis.
The “Five Marks of Mission” budget represents a compromise between the Executive Council of the Episcopal Church and Presiding Bishop Katharine Jefferts Schori. Spending priorities and cuts advocated in both proposals have found their way into the final $113,709,150 three-year budget.
The funds set aside for the church’s legal battles have also been reduced. The Title IV budget – funds used in disciplinary proceedings – have been cut from $1.069 million in the 2010-2012 budget to $820,000 in the current budget. Litigation expenses for the battles with breakaway dioceses and congregations have also been reduced. According to the draft, $3,115,190 was spent in the last triennium on lawsuits, while only $2 million has been budgeted for the next three years.