St. Mark Finance Council
The St. Mark Finance Council meets once a month to review parish financial reports for expenses and income. The Finance Council advises the Pastor and Parish Manager regarding budgets, major expenditures, as well as other pertinent financial matters in accordance with Diocesan rules. Those currently serving on the council are: Paula Allgood; Ralph Armstrong; Rosemary Armstrong; Diana Liese; Louis Murad; Kathi Noble; Richard Reed; Peter Rickert - Chairman; Ann Rossigno; Andy Schwitter; Campbell Scott and Tom Stephens.
St. Mark the Evangelist Catholic Church
Annual Report
Fiscal Year July 1, 2009- June 30, 2010
Annual Report
Fiscal Year July 1, 2009- June 30, 2010
Included is the annual financial report for the fiscal year of July 2009 to June 2010 andthe budget for the current fiscal year.
We missed our balanced budget for last year as a result of extraordinary maintenance expenses that were discovered during our summer facilities review in June.
We are budgeting a 3% increase in collections based on the responses we have received so far from our stewardship pledges.
We are also budgeting an increase in gifts as we are expecting to receive one time memorials for purchase of pews and the new baptismal font.
Our expenses are up for the current year due to the expenses related to our new Parish Center. Since the Columbarium is paid for we will be using the niche sale income in the current year to reduce our deficit. In future years we should be able to eliminate our deficit as we will have the monies we are now assessed for John Paul II high school plus we are expecting to have additional rental income for the Parish Center grand hall for receptions.
Fr. Clifford Smith Deacon Gregory Kahrs
Pastor Parish Manager
St. Mark Finance Council
Paula AllgoodRichard Reed
Ralph ArmstrongPeter Rickert –Chairman
Rosemary ArmstrongAnn Rossigno
Diana LieseAndy Schwitter
Louis MuradCampbell Scott
We missed our balanced budget for last year as a result of extraordinary maintenance expenses that were discovered during our summer facilities review in June.
We are budgeting a 3% increase in collections based on the responses we have received so far from our stewardship pledges.
We are also budgeting an increase in gifts as we are expecting to receive one time memorials for purchase of pews and the new baptismal font.
Our expenses are up for the current year due to the expenses related to our new Parish Center. Since the Columbarium is paid for we will be using the niche sale income in the current year to reduce our deficit. In future years we should be able to eliminate our deficit as we will have the monies we are now assessed for John Paul II high school plus we are expecting to have additional rental income for the Parish Center grand hall for receptions.
Fr. Clifford Smith Deacon Gregory Kahrs
Pastor Parish Manager
St. Mark Finance Council
Paula AllgoodRichard Reed
Ralph ArmstrongPeter Rickert –Chairman
Rosemary ArmstrongAnn Rossigno
Diana LieseAndy Schwitter
Louis MuradCampbell Scott