2018-2019 Financial Report

Review Financial Data Here

 

Financial:

  1. The operating budget for the fiscal year 2018-2019 ended with a surplus of $33,504.
  2. The average monthly e-giving contribution was $7,536.  The online monthly donations this fiscal year were $1,442 higher than the previous fiscal year.  
  3. The average weekly offertory (including Holy Day collections) was $15,963.  The Christmas collection was $32,789 and the Easter collection was $17,176.
  4. Profits from scrip sales played a significant part in the financial success of the Parish in the 2018-2019 fiscal year.  The profit from this fiscal year was $22,648.  That total was $551 more than the previous fiscal year.  
  5. The 2018 Lenten Appeal assessment was $106,800.  Parishioners paid $119,212.50.  The surplus of $12,412.50 was returned to the parish.
  6. The Parish debt total from existing loans from the Diocese was $164,035 at the beginning of the fiscal year and $129,954 at the end of that year.  The reduction in debt was due to the generous support of the parishioners each month.
  7. Total funds in savings accounts and cash on-hand are $1,623,355.  Of this total, $1,120,576 is being held in the Building & Capital Improvement funds account and their use is restricted

      8. Church Funds allocated to the following obligations:

    1. York Catholic High School - $115,560
    2. St. Rose of Lima School - $279,507
    3. St. Rose of Lima Religious Ed. – $45,122
    4. York Hospital Chaplain – $13,694

      9. In 2018 the church support of the school was 40% of the ordinary income.  The church support dropped to 36% of the ordinary income for the fiscal year ending June 30, 2019.

Projects:

Several maintenance projects were begun in the 2018-2019 fiscal year with an estimated cost of $50,066.  These projects were funded, in part, from the profit of the seafood dinners, 300 club ticket sale profit, donations from the Knights of Columbus and a bequest from the Dorothy Gladfelter estate.  Due to your participation we have completed the following projects:

    1. Floor tiles were replaced in the aisle of the church and in the courtyard entrance
    2. Tiles were replaced on the church roof
    3. Carpets were replaced in one classroom and the DRE office located in the Parish Center
    4. Closed Circuit television cameras were installed on the church and school property
    5. LED exterior lighting was installed on the outside of the Rectory, Convent and Garages
    6. A new freezer was purchased for the school (Knights of Columbus)

  Parish Statistics:            

  1. Active families registered = 702
  2. Average number of envelopes used each week = 343
  3. Number of registered children = 287