|
Financial Highlights - Fiscal Year Ended June 30, 2011
The fiscal year ended for our Parish community on June 30, 2011. Over all, the Parish performed well financially. Offertory collections fell short of the budgeted amount by approximately $37,000. However, additional restrictive giving exceeded expectations.
The Parish operating departments performed well in comparison to their budgets.
The expenses were very close to budget. However, we experienced a great deal of cost increases passed on to us from our vendors making it difficult on our cash positions during the fiscal year.
Your Finance Council receives and reviews the Parish Financial Statements each month. Detailed financial statements are available for your review at the Parish Office. Please schedule a time with Dan Fitzpatrick if you would like to review the detailed financial statements.
Thank you to everyone who supports our Parish with their time, talent and treasure.
St. Joseph Parish follows the Diocesan timeline which determines the fiscal year as July 1st to June 30th each year.
|