St. Agnes Interim Financial Report July - December 2023
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- Letter from the Parish Finance Council
- St. Agnes Interim Financial Report July-December 2023
- St. Agnes Parish Capital Improvement
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Dear Parishioners:
St. Agnes Parish ended the first half of the fiscal year with an operating gain of $526,992, which included a bequest of $500,000.
A sincere “thank you” to all who participated in the Increased Offertory Campaign. Your generosity has helped to stabilize our finances and will allow us to properly focus on mission outreach.
The first part of the Grand Annual Collection raised $44,910. This enabled our parish to complete necessary security improvements, which totaled $36,219.
We are requesting that each working person donate $350 to the second part of the Grand Annual Collection. We hope that those who are able will respond by being even more generous. Your donations will help us upgrade the Confessionals in Mercy Chapel, build a warming kitchen in Hope Hall, and construct a wall between the two sections.
We ask, once again, that you continue to support St. Agnes Parish generously each week and contribute to the Grand Annual Collection, which will be taken up as the second collection on the weekend of March 23rd and 24th.
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Actual Budget REVENUES Offertory $ 393,231 $ 331,500 Grand Annual 44,910 62,500 Faith Formation 20,164 20,000 Sacramental Offerings 47,515 45,000 Gifts 29,376 25,000 Bequests1 500,000 - Catholic Appeal Rebate 3,544 3,500 Flowers and Other Income 14,306 11,000 Investment Income 70,742 41,500 Total Revenue 1,123,788 540,000 EXPENSES Compensation and Benefits 287,334 275,000 Clergy Compensation and Benefits 53,745 47,000 Office and Administrative 36,207 32,000 Household 13,973 12,000 Utilities 43,851 41,000 Insurance 26,825 30,500 Buildings and Grounds 42,294 38,500 Pastoral and Liturgical 35,360 29,000 Central Ministry Tithe 19,310 20,000 Capital Improvements2 36,219 - Miscellaneous 1,678 3,000 Total Expenses 596,796 528,000 Net Income $ 526,992 $ 12,000
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St Agnes Parish Capital Improvements Security Improvements $ 36,219