Answer #1 (Stay UMC)
If AUMC disaffiliates, it will be up to the disaffiliated entity to cover all of the costs for this action. The current cost for disaffiliation is $1,208,339.19, which includes 2 years appropriation plus any pension liabilities.
Answer #2 (Pro-Disaffiliation)
We (the church) will actually own all our property/buildings. There are multiple sources for this funding. The “Disaffiliation Fee” is roughly comprised of two years of apportionment and a calculation of unfunded pension liabilities. This amount is $1,208,339. This can be sourced from existing Church reserves, a capital campaign, or a bridge loan. We are very confident that there will not be a problem in obtaining any funds shortfall. Our real estate alone will be worth nearly $30,000,000. The real work starts afterwards by restarting the growth engine of our Church. We do not anticipate any reduction in our local commitment such as the Food Pantry or Loachapoka Elementary. Again, a real, churchwide discussion of our finances would need to be conducted.