Announced at a priesthood satellite broadcast that all tithing monies collected from local congregations would be sent directly to Church headquarters, and all expenditures of local units would be paid by annual budget allowances from Church tithing funds, ending the established practice of having members pay many local costs. All local budgets were to be funded entirely by tithing, beginning January 1, 1990. Any unit having funds on deposit or in saving accounts were to transfer these funds to the general find of the Church.
[Correlation Timeline, Compiled by Lisle Brown]
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