FINANCE COUNCIL REPORT

To all parishioners and visitors, we thank you for all your continued support of Holy Cross Parish throughout the summer months. As you can see below your collection contributions are above budget and our expenses continue to exceed our total income. Our expenses exceed our income until
December when we receive extra yearend collection revenue to help offset our deficit. To assist in limiting this deficit, the question
is are we giving our fair share on a regular basis.


As of end of July 2003, our financial statistics
Jan- July Budget % of Budget Average/Week

Total Collection Revenue $122,799 $117,625 104%                       $4,093     

Total Income $138,252 $141,265  98%

Total Expenses $154,110 $151,565  102% $5,137

Net Income -$15,858 -$10,300  153%

Over the summer months, you will have noticed that we have resurfaced the front steps to make them safer for walking on. In addition we have just completed some structural repairs in the basement. These project will be funded from our special funds - more detailed information will follow.

As the holiday months come to an end, we start a new year of activities, plans and opportunities in which we encourage all parishioners to become involved. It is a time to reevaluate our contributions of treasure, time and talents to our parish community of Holy Cross. Remember, you are all an important part of the parish. Your comments, suggestions and ideas are always welcomed.

We thank you for sharing and for volunteering.

Wayne Rutten - Finance Council Chair Home: 789-8151
E-mail - rutten.w@sasktel.net

SUNDAY SMILE

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