The United Church of God – Australia finished the 2005-2006 year in a sound financial position and above budgetary expectations. The net result for the year was a surplus of $49,693 (all amounts in Australian dollars) compared to a budgeted deficit of $53,130, making us $102,823 better off for the year.

The income for the year totaled $1,100,319 compared to a budgeted amount of $994,691 producing a favorable variance of $105,628.

UCG–Australia received an unqualified opinion from the auditors this year for the first time in our history. The auditors removed their qualification over cash. The way we received some of our income was always a concern for the auditors. Those fears were allayed this year by their visit to one of our Holy Day services on Pentecost to observe the offering count. They were pleased with our procedures and also with our internal controls in the Australian National Office and hence removed the qualification.

Allan Hambleton; excerpted from United News Australia, January-March 2007.