Peace of Christ Parish
Simplified 2008-09 Year End Operating Results
Offertory Income |
$808,053 |
Rental Income |
$541,219 |
All Other Income |
$168,175 |
Total Income |
$1,517,446 |
|
|
Salaries & Benefits |
$707,822 |
Facility Expenses |
$268,455 |
Catholic Schools Subsidy |
$250,000 |
All Other Expenses |
$242,666 |
Total Expenses |
$1,468,943 |
|
|
Surplus |
$48,504 |
While a surplus is always preferable to a deficit, the main driver of the surplus were utility costs that were $70,000 less that we budgeted. Offertory was budgeted to be the same as last year and came in $8,000 less than that.
Please feel free to direct any comments to any member of the Finance Council: Ron Bess, Ray Brecker , Tom Kubus , Chad Scoma, Gary Smith, and Andy Zona.
Thank you for your continued financial support.