According to a press release from the Evangelical Lutheran Church in America:
The ELCA Church Council revised the 2010 current fund spending authorization for the ELCA churchwide organization to $65.1 million, a mid-year reduction of $4.2 million or 6.1 percent from the previously authorized $69.3 million for 2010.
Council members made the decision in open session during a rare conference call meeting Aug. 4. Much of the meeting was held in executive session to discuss background information on finances and personnel, plus an organizational design process and legal matters, said Carlos Peña, Galveston, Texas, ELCA vice president and chair of the council.
The council also formed an ad hoc committee to report to it about reductions in the ELCA Board of Pensions’ annuity payments to retired church workers.