Dear Parishioners, Families and Friends,

Below is the Parish’s financial statement.  It consists of two columns: fiscal year 2014-2015 report and 2015-2016 budget.  The fiscal year is July 1 – June 30.

Please join me in thanking Gregg Elsner, the parish accountant, and the members of the parish Finance Council. 

 

Above all, I want to thank all of you for your generous support.  Your weekly presence and active generosity make our parish alive.  Should you have any questions and donations, please contact the parish office at 408-253-7560.

 

Gratefully,

Fr. Thuc

 

 

Fiscal Year 14 - 15

 

Budget 15 - 16

INCOME

 

 

 

Collections

$  551,519

 

$  596,500

Stipends

                28,146

 

                       25,000

Earnings/Rent

                11,646

 

                       13,560

Bequests/Grants

                15,238

 

                       14,640

Other Income

                26,247

 

                       20,000

Total Parish Income

 $  632,796

 

  $   669,700

 

 

 

 

EXPENSES

 

 

 

 Pastoral Staff

$ (143,536)

 

$ (148,310)

 Admin Parish Office

$ (112,731)

 

$ (120,773)

 Liturgy

$ ( 45,081)

 

$ ( 46,800)

 Catechetical Ministry

$ ( 53,953)

 

$ ( 64,900)

 Youth Ministry

$ ( 59,737)

 

$ ( 58,786)

 Parish and Diocese Programs

$ ( 70,726)

 

$ ( 83,563)

 Facilities maintenance and utilities

$ (136,014)

 

$ (146,568)

Total Parish Disbursements

$ (621,778)

 

$ (669,700)

 

 

 

 

Net Income

$      11,018

 

$                0

 

 

 

 

ADA (Annual Diocesan Appeal Rebate)

$      31,6561

 

$  35,0002

 

1 – ADA income for 2014 – 2015 used for facilities projects, such as, the wooden signs in front of the church and the parish office, termite fumigation of the church building, exterior church door repairs and more.

2 – ADA budgeted income for 2015 – 2016 for spiritual activities for the next five years.