Currently, the parish’s financial condition is not fully secure, despite an increasing school enrollment, and total expenses which are under budget. This has occurred because regular monthly contributions to operations have fallen considerably short of budget through the first nine months of the fiscal year.
Though Hales Corners is now suburban, rather than rural, St. Mary's still depends on the weather.
Also, oppressive heat adversely impacted attendance at last July’s festival, reducing revenue early in this fiscal year.
At least we don't yet have fund appeals due to parishes not buying enough winning lottery tickets. Speaking of games of chance,
As a result, the Finance Committee has approved a special collection for operations to be conducted in early May. We need each parish family to prayerfully consider an extraordinary gift of $100 to regular operations before June 30th.
Meanwhile, on an entirely separate page of the parish books.
It is important to remember that the funding of our $42,400 monthly mortgage payment is not part of the parish’s operating budget.
While there are reasons for separate operating and capital budgets, parishes treat this as if it created separate pockets from which the parishioners donate.
Pledges for our mortgage payments have been substantial but are not yet at the level necessary to cover the $42,400 needed each month.
Maybe they could put a toll booth on their labyrinth.
St Luke's in Brookfield is 10% under their budgeted collections YTD.
ReplyDeleteSt John's in Brookfield is also under, as is St Dominic's.
Maybe there's just not enough money out there.