I. The Council on Finance and Administration will provide Directors, Officers and Trustee Legal Liability Insurance
for the officers of the Annual Conference, the District Superintendents, Conference Board of Trustees, the Treasurer
of the Annual Conference, the officers and members of the Council on Finance and Administration, the Mission
Council, the Ordained Ministry Team, and the Clergy Support Team.
J. TREASURER’S BONDING
1. The conference treasurer is bonded in the amount of $1,000,000 by the General Council on Finance and
Administration. This bonding is provided through our support of General Church apportionments.
2. With the Annual Conference providing a conference wide property and casualty insurance program through The
United Methodist Property and Casualty Trust, bonding for local churches is included in the coverage. This is to
meet the requirements of the Discipline, Paragraph 259.4b 258.4b. Securing additional bonding may be advisable.
K. INVESTMENT POLICY
1. All interest earnings on funds raised through conference apportionments shall be credited to the
Conference Reserve Fund.
2. Cash assets of the conference are to be handled in a manner that will insure adequate liquidity to protect
the safety and soundness of all funds. A basic consideration is to maximize the income of the conference while
insuring that bank balances adequately cover the day-to-day operations of the Treasurer’s Office.
3. Funds of the conference are to be placed in federally backed investments.
4. Foremost in consideration of this policy is the maintenance of adequate funds and the avoidance of speculative
investments.
5. This policy may be amended by CF&A from time to time to meet changing situations and to enhance the
income of the conference.
L. CONFERENCE RESERVE FUND: There shall be a Reserve Fund to provide adequate cash flow for financing
conference operation. Our long term goal is to hold a 10% reserve. At the end of 2007 8, the Conference had
reserve funds of $1,303,552 or 9.3% $1,424,671 or 10.7% of the 2008 9 conference apportioned budget.
II. RECOMMENDATIONS ON GENERAL CHURCH AND CONFERENCE SUPPORT
A. WORLD SERVICE: There shall be a World Service Fund apportioned on the decimal. The World Service
apportionment represents the mission outreach and program of our United Methodist Church. The General
Conference requests the World Service apportionment amount of the Annual Conference.
B. MINISTERIAL EDUCATION FUND: There shall be a Ministerial Education Fund apportioned on the decimal.
This fund is requested of the Annual Conference by the United Methodist General Conference to support the
training of clergy. Twenty five percent of the amount raised is retained by the Annual Conference to be
administered by the Ordained Ministry Team.
C. EPISCOPAL FUND: There shall be an Episcopal Fund apportioned on the decimal. This fund is requested of the
Annual Conference by the United Methodist General Conference to support the Bishop’s office.
D. BLACK COLLEGE FUND: There shall be a Black College Fund apportioned on the decimal. This fund is
requested by the General Conference and is used to support current operating budgets and capital
improvements of the Black colleges related to the United Methodist Church that have historically served primarily
the educational needs of black students.
2009 Missouri Annual Conference B-39
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