An Update on Our M2 Financial Plan

As we’ve prepared for the Mobilize & Maximize Campaign, our leadership has intentionally taken a conservative approach to every financial decision. As we’ve continued conversations with our architect, builder, lenders, and Finance Team, we’ve refined our projections to ensure we’re communicating the clearest and most accurate financial picture.

When we shared an update in May 2026, we communicated an immediate need of $3.8 million. That figure intentionally included approximately $600,000 of projected construction interest. We have since learned that those dollars are not required before construction begins, so our immediate goal is now $3.2 million. This alteration isn’t a reduction in vision; it simply reflects better information and more precise planning.

Where We Stand Today

The current projected construction cost is $18.77 million (as of May 31, 2026), or $19.4 million including projected construction interest. God has already provided more than $3.74 million toward the project, while approximately $541,000 has already been invested in planning and pre-construction expenses (through June 30, 2026). The church also currently has approximately $1 million in available reserves that can be applied toward construction and an estimated borrowing capacity of approximately $11 million.

After accounting for those resources, our immediate goal is to raise an additional $3.2 million so construction can begin. We are also praying that the full M2 Campaign will raise approximately $5.9 million by December 2028, reducing the amount we borrow, lowering future interest costs, and strengthening Rocky Creek’s financial position for ministry. That goal includes $3.2 million received through the initial campaign emphasis and approximately $2.7 million in campaign commitments fulfilled through December 2028—an average of about $100,000 per month over the final 27 months of the campaign.

Why Now?

The Finance Team has spent several years preparing for this opportunity by strengthening the church’s operating budget and intentionally planning for future debt service. In 2026, the church is budgeting $25,000 per month toward future debt payments, with a long-term plan to increase that amount each year until it reaches approximately $80,000 per month (the level the Finance Team believes Rocky Creek can responsibly support). While the church is well positioned to manage that level of debt, every additional dollar given will reduce borrowing, lower interest costs, and preserve more resources for ministry.

Waiting also has a cost. Current estimates indicate construction costs continue to increase by approximately $100,000 each month. We believe now is the right time to move forward with both faith and wise stewardship.

What’s Next?

The M2 Campaign launches on August 16, with Commitment Sunday on September 20. On that day, we’ll bring a Firstfruits Offering and make campaign commitments that will continue through December 2028.

It’s also important to remember what this campaign does not do. It does not authorize borrowing, approve construction, approve a construction contract, or authorize the use of church reserves. Those decisions will come before the church at the appropriate time. This campaign is simply our opportunity to seek the Lord together, prepare faithfully, and determine what He will provide through His people.