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St. John the Apostle Church

FY 2008 Budget Meeting

 

The Budget Committee met on May 16, 2007, at 6:30 p.m.  Members present were Jerry Jennings, Maxine Koller, Cindy Maris, Clint Rain, Dean Whiteside, and James Williams.

 

The Budget Committee reviewed the actual income and expenditures for the first ten months of Fiscal Year 2007.  Each budget request was reviewed for Rectory Expenses, Religious Education, RCIA, Young Women’s Group and Parish Hall Maintenance.

 

Sunday collections were increased to $6,100 per week for 53 Sundays in FY ’08 ($323,300).  Holy Day collections were estimated at $500 each (Assumption of the Blessed Virgin Mary and New Year’s Day) and $1500 for Christmas for a total of $2,500.  Income from candles was increased to $200 per month based on prior year receipts.  Other sources of income were adjusted according to current collections.

 

An increase to $6480 in office supplies for the Church is recommended due to the cost of postage and other office supplies.  Church Relations is funded at $100 per month for routine expenses and $2000 in December 2007 to cover the annual volunteer appreciation dinner. 

 

A budget of $13,264 was requested and approved for Rectory Expense.  This is an increase of $1,444; however, the amounts fall within the Diocesan guidelines.

 

RCIA is increased to $600 based on requested activities.    Bible Study is increased to $500 due to cost of the program.

 

Religious Education requested $200 for increase in postage and other supplies.  An amount of $500 was requested to train catechist.  The Diocese is encouraging that all catechists be certified.  Raising funds covers the cost for the Confirmation Retreat by the students.  Youth Ministry was funded at the FY 2007 level.  Vacation Bible School is approved for $875.  The Young Women’s Group was funded at $1,800 annually ($150 per month).  It is recommended the Young Women’s Group review FY ‘07 expenditures to remain within funds available.

 

Building insurance and lawn expense were increased due to additional property being acquired.  Interest expense was increased due to the addition of the loan for the property at 604 Morris St.

 

The Diocesan assessment is budgeted in the month payment is due for the prior quarter (income reduced by debt payment).  The loan for 604 Morris St. is anticipated to begin in August 2007.  In addition to the regular monthly loan payments, it is anticipated  $40,000 additional principal will be applied in July 2007 to the loan for the Education Center.

 

An increase of $360 is budgeted for the Texas Catholic Newspaper due to increase in subscriptions.

 

Safe Environment is budgeted at $1300.  Safe Environment is a required obligation to cover initial background clearance and renewals of staff and volunteers.  This estimated budget was based on obligations for the current year. 

 

Hispanic Ministry was decreased to $2250 based on current year obligations. However, expenses for FY ’07 through April 2007 totaled $1757.25.

 

Church maintenance was increased to $3000 annually due to increase in current year requirements.  Church Cleaning/Maintenance was decreased by $1,200.  The Old Church Maintenance was increased to $600.  The Parish Education Center Maintenance was increased to $4,400.  Cost of the elevator maintenance contract for the Parish Center totals about $2,000.00.  Parish Hall Maintenance was increased to $6,220.  Rectory Maintenance was decreased to $3000.  The changes in Maintenance/Repairs were due to current year obligations with the exception of the Parish Hall.  The increase for the Parish Hall is due to increased cleaning and maintenance of floors and facility.

 

The retirement expense is based on contribution of three percent of gross salary, plus one percent matching of voluntary contribution according to Diocesan requirements.

 

Health insurance is increased due to ……confidential.

 

A two-percent cost of living wage increase was included effective July 1, 2007, for all employees.

 

Utilities were based on 2007 actual expenditures plus a 10% increase.  An estimate was projected for utilities and maintenance for the property at 604 Morris.

 

Capital expenditure of $1,000 was budgeted for the Church to provide a uniform survey of the total Parish property.  Capital expenditure of $5,000 for the Church was provided to replace the air condition unit.  Capital expenditure of $8,000 was included for the property at 604 Morris to allow for removal or demolition of the structure and fencing around the property.

 

The Budget Committee recommends that each area be reviewed for efficiency and ways to reduce costs.

 

Meeting adjourned at 9:00 p.m.

 

APPROVED:  _________________________                     _________________________

Rev. Michael D. Forge, Pastor                        Maxine Koller, Secretary