ST. ROSE OF LIMA
FINANCIAL STATEMENT FOR OPERATIONS

Fiscal Year | Monthly Report

July 1, 2005 - June 30, 2006

Here, you will find a report on the parish’s receipts and expenditures for the fiscal year that ended June 30, 2006. Of course, the report is greatly summarized. The complete financial report is given to the Parish Finance Council, and they review it at their quarterly meeting. This report does not include the gifts made toward the Capital Campaign for the New Education Center and Hall. More information on the campaign will be coming to you shortly. Also, the total financial expenditures for the new rectory ($432,888 as of 6/30/06) will also be reported upon the completion of the building. The plan is to have the rectory completed by late October.

Thanks to all of you who return a portion of your financial gifts back to God through the parish offertory. It is through our openness to be generous with what God has given us that we are able to grow into the disciples he wants us to become.

RECEIPTS

Collections $1,070,777
(Includes weekly offerings, Easter,
Christmas and Holy Day donations)

Church Functions $40,664
(Donations from weddings, funerals,
Baptisms, etc.)

Other Receipts $9,464
(Income from rental property and
other ordinary receipts)

Designated Gifts $141,395
(Gifts provided by benefactors for specific purposes)

Annual Catholic Appeal $70,397
(Funds returned to the parish after meeting our ACA goal)

Religious Education Receipts $53,091
(Funds generated by religious education fees; includes children, youth and adults)

TOTAL RECEIPTS………….$1,385,788

DISBURSEMENTS

Salaries and Benefits $518,074
(Includes priests, religious, and lay staff)

Church and Office Operations $142,962
(Includes all supplies, equipment, and general operating expenses)

Utilities $52,787
(Includes telephone, gas, sewer, water, electricity and refuse collection)

Repairs and Maintenance $95,846
(Includes all day to day upkeep of parish facilities)

Diocesan Assessment $177,051
(Annual tax paid to the Diocese)

Taxes and Insurance $24,259
(Includes liability and fire insurance as well as miscellaneous taxes)

Other Disbursements $113,821
(Includes school subsidy, parish assistance for St. Jude Shrine, St. Anthony’s, and major equipment upgrades/repairs)

Religious Education Expenses $242,964
(Costs associated with the religious education program. Includes staff salaries and benefits)

TOTAL DISBURSEMENTS $1,386,418

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What Happened in September?

Our budget for the September Sunday collections was $86,617 and we collected $78,935. We are facing the need to replace network wiring to the Religious Education office as it has been going down making data entry into our parish computer system quite a struggle. We had other income of $11,372 and our expenses were $101,357 which left us running in the red. We had an average of 753 envelope users each week for the month. Keep in mind that we send out approximately 2,100 sets of envelopes. All envelope recipients are encouraged to use their envelopes.

This month we received $45,569 in payments for the Capital Campaign totaling $923,024 in payment and $509,908 in down payments. Thank you for attention to these pledges. You are helping to build our future.

We were also able to raise an additional $18,900 from our Ministry Fair which is applied to the Campaign.

May God Bless you for your generosity!

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