Dear Parishioners, Families and Friends,

Below is the Parish’s financial statement.  It consists of two columns: fiscal year 2015-2016 report and 2016-2017 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 15 - 16

 

               Budget 16 - 17

 

INCOME

 

 

 

 

Collections

$  571,161

 

$  587,000

 

Stipends

                  25,552

 

                         25,000

 

Earnings/Rent

                    8,920

 

                           7,500

 

Bequests/Grants

                  35,089

 

                         35,000

 

Parish Fundraiser

                  10,517

 

                         25,000

 

Other Income

                  22,044

 

                         20,000

 

Total Parish Income

            $  673,283

 

$  699,500

 

 

 

 

 

 

EXPENSES

 

 

 

 

 Pastoral Staff

$ (144,480)

 

$ (148,610)

 

 Admin Parish Office

  (126,358)

 

   (122,186)

 

 Liturgy

   ( 52,377)

 

   (  51,780)

 

 Catechetical Ministry

   ( 64,592)

 

   ( 68,385)

 

 Youth Ministry

   ( 58,036)

 

   ( 60,332)

 

 Parish and Diocese Programs

   ( 63,349)

 

   ( 88,577)

 

 Plant

  (157,906)

 

  (152,778)

 

 Fundraising

  (    3,028)

 

  (    6,250)

 

Total Parish Disbursements

$ (670,126)

 

$ (698,898)

 

 

 

 

 

 

Net Income

$      3,157

 

$           602

 

 

 

 

 

 

ADA

  $     35,6391

 

 $      50,0002

 

 

1 – ADA budgeted income for 2015 – 16 for spirituality for OLEM speaker workshop, picnic and more.

2 – ADA income for 2016 – 17 to be used for projects, such as, church projectors and sound system.