Proportion of income under the Appropriations and Allocations Ordinance

28. The Rev Colin Watts asked –

In the most recent year for which figures are available,

1. How did the total income appropriated by the Synod Appropriations and Allocations Ordinance 2005 compare (proportionately) to the combined net income of all diocesan organisations from all other sources?
2. For each Diocesan organisation that received funding from the Synod Appropriations and Allocations Ordinance 2005, what percentage was such funding of the total net income available to that organisation?
3. In summary, what percentage of the combined net income of all such funded Diocesan Organisations was derived from the Synod Appropriations and Allocations Ordinance 2005?

To which the President replied -

I am advised that the answers are as follows –

1. The total income appropriated by the Synod Appropriations and Allocations Ordinance for 2004 was $9.38 million. The combined net income in 2004 of all organisations required to report to Synod or receiving Synod grants was approximately $738.8 million. Accordingly, the proportion of Synod grants to total net income across all those organisations is 1.3%.
2. The percentage of Synod funding compared to turnover for each of the organisations reporting to Synod varies from nil in some cases to almost 100% in other cases. The details by organisation will be shown in a spreadsheet that will be posted with this answer.
3. In aggregate, the Synod funding provided to organisations required to report to Synod or who received Synod grants represented 1.1% of the total income of those organisations.