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One of the Finance Council goals for 2005 was to do a better job keeping the Parish informed of our financial condition. We felt a well-informed parishioner would respond to our faith community’s evolving financial needs. We believe we met that goal and based upon our preliminary 2005 results, St. Perpetua has been financially rewarded by your generosity.
At various times throughout 2005 our revenues fell short of our expectations. However, both a strong Christmas and 4th quarter allowed us to make up the shortfall and end the year with a surplus. Thanks to all for making or increasing your regular donations and to those who made special year-end contributions.
| Actual | Budget | |
| 2005 | 2006 | |
| Unrestricted Plate | $546,832 | $534,350 |
| Other Income | 245,106 | 241,250 |
| Total Income | $791,938 | $775,600 |
| Administration & Operations | $455,029 | $466,177 |
| Ministries & Programs | 255,217 | 278,377 |
| Other | 23,632 | 31,900 |
| Total Expense | $733,878 | $776,454 |
| Surplus/(Deficit) | $ 58,060 | (854) |
The ‘Let There Be Light’ campaign to raise money for the new church lights was very successful. As a result, we were able to do more lighting improvements than initially planned, with more to come.
It’s a new year and we want to continue our momentum. The Finance Council has just approved a budget that anticipates a 4% increase in operating costs. Health insurance, energy and other insurance costs continue to escalate rapidly and are the main drivers behind this 2006 increase. St. Perpetua faces the same realities many of you face with your own personal budgets.
We believe that with the progress we made last year and new fundraising and communication efforts planned for 2006, we will be able to build on our successes of 2005. Thanks to one and all.
(For those parishioners interested in a more detailed report, additional information is available on the website or by calling Kathy Geddes at the Parish Office.)