St. Stanislaus Parish

Finance Council Meeting Minutes

January 12, 20104:00 pm

 

Council Members Present:  Fr. George, Rita Borski, Bill Boylan, John Clifford, Bob Hollar, Marg Ostrowski and Beverly Wasieleski-Financial Secretary.

 

Council Members Absent:  Bill Boston

 

Liaisons:  Shirley Berger, Dwaine Habrat, Bob Rogers

 

1.  Opening Prayer – Bill Boylan

2.  Minutes of Finance Council Meeting Oct. 27, 2009 approved as presented.

3.  Liaison Reports-Email Report to Council Members

     a.  Pastoral Council – Bob Rogers

          *Bob Rogers reported on the Diocesan Stewardship Convocation which he attended in La Crosse.

            Major theme throughout presentation was “faith-raising before fund-raising”.  Encourage making

            stewardship a way of life and being faithful to the Gospel.

     b.  Staff – Dwaine Habrat

          *Dwaine Habrat started as the Pastoral Minister on Dec. 14.  At this time, all positions have been

            filled.  Dwaine will be working with Fr. George and Pastoral Council in assessing the pastoral

            needs of the parish.  Ministry in-service to be held in March.

     c.  SPACS Commission – Shirley Berger

          *SPACS Commission meeting held Jan. 7, 2010.

          *Computers for students are arriving at Pacelli.  Boot camp for parents will be held to explain the

             program.

          *HR is reviewing compensation and equality for teachers who do advisory work for extra

            curricular events.

          *Registration forms for 2010-2011 school year will be out first week of February, which is

            Catholic School Week.

          *All families will be required to use the FACTS Tuition Management Program.

          *Staff reductions will likely occur in the future.

          *Fr. Latona will send us a list of those students who have been trained as Sacristans and

            Eucharistic Ministers.

      d.  SPACS Finance – John Clifford

           *SPACS facing deficit, starting to crunch numbers.

 4.  Sub-Committee Reports –Email Report to Council Members

      a.  Financial Report/Budget – John Clifford

           *Weekly collections are 12.55% behind thru 1/3/10.         

           *Projected fiscal year-end revenue:  Ordinary collections, which are the most predictable to

             track - $600,000; Special collections, which includes memorials, PIF and votive budgets

             - $67,082; and Other revenue, which includes interest income, fundraisers and FF tuition

             - $48,921 for total revenue of $716,003.

           *Projected fiscal year-end expenses of $930,116.  Employee cost budget figures have been revised

             for the two positions being staffed after the start of the fiscal year.

           *Projected fiscal year-end deficit of minus $214,113.

      b.  Building & Grounds – Bob Hollar

           *No major projects at this time, will discuss minor projects at next month’s meeting.           

      c.  Memorials – Bill Boston

           *Estate Planning Seminar, May 12, 2010 in Kostka Hall.  Planning timeline:  (1)Contacting

             M&I Bank and Andy Gaertner to firm up presenters; (2)Send invitation to parishes in Stevens   

             Point Deanery in February; and (3)Send target group letter out after Easter.

           *Update funeral brochure with current pictures and wording.            

      d.  Diocesan Annual Appeal – Bill Boylan

           *Our target goal is $71,334.  To date we have received $64,428 in total pledged;

             and $58,470 in total cash.  Participation is at 27%.              

           *To inform parishioners of progress will post numbers in bulletin and make announcement

              after weekend Masses on Jan. 16/17.

           *At some point, make phone calls to encourage making target goal.

      e.  Fundraising – Marg Ostrowski  

           *Pancake and sausage breakfast being planned for January 17.  This will be in conjunction with

             financial statement pickup.

           *Winter Carnival is scheduled for Feb. 14 from 11:30am to 4:00pm.  There will not be a silent

              auction due to no one willing to run that part of it.  Tickets for the drawing and club cards

              are being sent out with the financial statements.

           *Bingo kitchen seems to be doing ok so far.  Still need to find coordinator to be in charge of

             kitchen.  Slight increase in prices for food sold to cover increase in food expense.  

           *Planning to print extra envelopes to put in pews for visitors and those forgetting their envelope.

             This seems to be an idea used in other churches, will give it a try here.

 5.  Major Topic for Discussion  

      a.  Establish Annual Fundraising Events

           *Would like to establish a church picnic as a fundraiser the parish could be identified with to

              bring people together within the community.  Will check to see what date is available.

      b.  Set Policy on How Fundraising Projects Receive Approval

           *Want to limit collection times to the parish.  Committees can use budgeted money to support

              their projects, any solicitation or fundraising events need Finance approval.                           

 6.  New Business

      a.  Jim Dyer Visit

          *Fr. George, Rita, John and Bev called a meeting with Jim Dyer to discuss our school subsidy.

            After analyzing our budget figures and realizing a potential $214,113 deficit, we realized our

            portion of subsidy is much more than parish can afford.  The subsidy will account for 60% of          

            our projected year-end ordinary collections.  Jim Dyer informed us he is looking at further

            cuts to make things more efficient and will then review and determine what he can do for us. 

       b.  Financial Presentation to Parish

            *Power point presentation to update parish on our financial picture being planned for Feb.27/28.

       c.  Update Phone System

            *Approval given to update phone system to provide for easier access for emergencies and

              after hours.  Project will be financed with Capital Campaign funds.        

 7.  Closing Remarks

      a.  Working with Jim Dyer on an individual parish approach to help balance our budget.  Hopefully

            will have agreement for adjusting our school subsidy for next fiscal year.

      b.  Diocese asked permission for Fr. John Paul Lobo to stay at rectory for three weeks.  Will be

            negotiating how expenses will be handled.          

 8.  Closing Prayer – Bill Boylan

 

 

 

 

 

     NEXT MEETING DATE:  February 23, 2010

     PRAYER LEADER:  John Clifford