Only £781 deficit is projected for next year. Quote increase expected to be 3%

Historically quota formed only a quarter of General Synod income. This proportion has now risen as investment income has fallen.

Quota funds the givernance of the church, helps manage risk and redistributes resources against need.

Patricia Petie says Standing Committee proposes 3% increase in quota.using the usual formula for which diocese will pay based on their financial state over the last three years.