St. Edward Church
End of the Year Report
July 1, 2005 – June 30, 2006
INCOME: actual 2005-6 budget 2006-7 budget
Sunday envelopes $278,100 $260,000 $260,000 (1)
other envelopes (2) $ 10,500 $ 8,500 $ 10,000
fundraising $ 14,900 $ 15,000 $ 15,000
other income (3) $ 5,000 $ 8,500 $ 5,000
tuition $126,200
(4) $134,900 $115,000
other collections (5) $ 6,900 0
0
diocesan collections $ 4,900 $ 4,000 $ 4,000
TOTAL INCOME $447,000 $430,900 $409,000
EXPENSES:
school support $256,600
(6) $239,800 $216,500 (7)
physical plant $ 43,000
$ 43,800 $ 47,500
office/rectory $100,300 $105,300 $103,000
worship $ 11,300
$
12,000 $ 12,000
other collections $ 6,900 0 0
diocesan collections $ 4,900 $ 4,000 $ 4,000
diocesan assessment $ 23,800 $ 26,000 $ 26,000
TOTAL EXPENSES $446,800 $430,900 $409,000
+ 200
COMMENTS:
(1) decrease based on parishioners deaths and moving out of the
parish
(2) contributions given in other parish envelopes (holy days,
flowers)
(3) other
income: vigil lights, gifts, memorials,
donations, interest income, ccd receipts
(4) we did not budget for refunds for students leaving,
therefore a loss of income
(5) other collections:
these collections were not scheduled
(6) the parish paid
gas and other bills for the school because they did not have
money to
pay these bills; therefore an increase in support
(7) based
on not having extra teachers for grades 7 & 8 and other employee cuts