|
|
As we celebrate the season Advent we look forward to Christmas,
the birth of our Savior Jesus Christ. Now is the time to give thanks for
the many blessings and gifts we each have. It is an opportunity to share
some of our gifts of time,
talent and treasure with others, in particular, our Parish community of
Holy Cross.
Holy Cross has some needs. As of November 2002, we see that while our
expenses are below budget, our actual income continues to remain much
lower that budgeted resulting in a deficit at the current time.
For the period January to November 2002, our total collection revenue
was $181,056. This compares to our budget of $187,664 (or 96%) for the
same period. (This collection revenue relates to an average of $3,852 per
week).
For the period January to November 2002, our total income was
$202,745. This compares to our budget of $209,719 (or 97%) for the same
period. Total income includes fundraising, interest and sundry
revenue. (Total incomes relates to an average of $4,313 per week)
For the period January to November 2002, our total expenses were
$223,115. This compares to our budget of $225,784 (or 99%) for the same
period (Our expenses relate to an average cost of $4,747 per week.)
The result is that for this eleven-month period our deficit is $4,305
greater than budgeted.
In comparing our average weekly collection revenue with average weekly
expenses, we see that we are short $895 per week or $3,580 per month.
When we add in fundraising and sundry revenue the shortfall is reduced to
$434 per week or $1,736 per month. We need to increase our weekly
collection revenue to help offset our weekly expense cost.
A reminder that all your donations to Holy Cross Parish are classified as
charitable donations and can be used as a deduction when you file your
income tax for 2002. To count for 2002, all charitable donations must be
in the church office by noon Tuesday
December 31st, 2002.
|
|
