Tuesday, 16 October 2012
Not with a bang but with a whimper ...
Laid low by the weight of its own previous excesses. Too much empty unused real estate ,too few adherents with too little cash. Or will the wider Anglican Community abroad ride to its financial rescue and if they do will there be strings attached. Just a thought...
Cash crisis for Sussex churches
The Church of England in Sussex is due to run out of cash reserves by the end of next year.
Parishioners are being urged to dig deeper into their pockets to help pull the Diocese of Chichester out of the red.
Falling income from parishes has forced the organisation, which is responsible for all Anglican churches in Sussex, to spend its savings.
It is expected to lose £700,000 in 2012 and £500,000 in 2013, using up the last of its reserves.