Dear Parishioners, Families and Friends,
Below is the Parish’s financial statement. It consists of two columns: fiscal year 2015-2016 report and 2016-2017 budget. The fiscal year is July 1 – June 30.
Please join me in thanking Gregg Elsner, the parish accountant, and the members of the parish Finance Council.
Above all, I want to thank all of you for your generous support. Your weekly presence and active generosity make our parish alive. Should you have any questions and donations, please contact the parish office at 408-253-7560.
Gratefully,
Fr. Thuc
|
|
Fiscal Year 15 - 16 |
|
Budget 16 - 17 |
|
|
INCOME |
|
|
|
|
|
Collections |
$ 571,161 |
|
$ 587,000 |
|
|
Stipends |
25,552 |
|
25,000 |
|
|
Earnings/Rent |
8,920 |
|
7,500 |
|
|
Bequests/Grants |
35,089 |
|
35,000 |
|
|
Parish Fundraiser |
10,517 |
|
25,000 |
|
|
Other Income |
22,044 |
|
20,000 |
|
|
Total Parish Income |
$ 673,283 |
|
$ 699,500 |
|
|
|
|
|
|
|
|
EXPENSES |
|
|
|
|
|
Pastoral Staff |
$ (144,480) |
|
$ (148,610) |
|
|
Admin Parish Office |
(126,358) |
|
(122,186) |
|
|
Liturgy |
( 52,377) |
|
( 51,780) |
|
|
Catechetical Ministry |
( 64,592) |
|
( 68,385) |
|
|
Youth Ministry |
( 58,036) |
|
( 60,332) |
|
|
Parish and Diocese Programs |
( 63,349) |
|
( 88,577) |
|
|
Plant |
(157,906) |
|
(152,778) |
|
|
Fundraising |
( 3,028) |
|
( 6,250) |
|
|
Total Parish Disbursements |
$ (670,126) |
|
$ (698,898) |
|
|
|
|
|
|
|
|
Net Income |
$ 3,157 |
|
$ 602 |
|
|
|
|
|
|
|
|
ADA |
$ 35,6391 |
|
$ 50,0002 |
|
1 – ADA budgeted income for 2015 – 16 for spirituality for OLEM speaker workshop, picnic and more.
2 – ADA income for 2016 – 17 to be used for projects, such as, church projectors and sound system.