NASHVILLE — Meeting Feb. 19-20 in Nashville, Southern Baptist Convention Executive Committee trustees approved a recommended $190,250,000 Cooperative Program allocation budget for the upcoming 2024–25 fiscal year. The proposed budget is down $5 million from the current 2023–24 budget year.
Budget recommendations will go to messengers for approval at the SBC Annual Meeting in Indianapolis in June.
Trustees also approved the Credentials Committee’s four recommendations to disaffiliate with churches for faith and practice concerns.
Regarding requests from messengers to the 2023 annual meeting in New Orleans, the EC approved one, declined three (read more below) and postponed a decision on two until the EC’s meeting in June prior to the annual meeting. The two items postponed deal with increased financial transparency from SBC entities (read the full story here). [Read more…]