Finance Council
The Finance Council at Saint Philip Benizi advises, assists and provides
recommendations to the Pastor regarding financial plans and policies in matters of major financial concern,
but not generally with matters of day-to-day administration.
The Council is generally available to offer financial guidance to the parish Pastoral Council and other parish groups.
More specific tasks of the Council are as follows:
- Advise, assist and provide recommendations to the Pastor regarding personnel matters.
- Advise, assist and provide recommendations to the Pastor regarding all fund raising activities.
- Monitor and oversee the cash flow of the parish and prudent use of resources. Advise the Pastor when adjustments are required.
- Publish financial statements and other articles on financial aspects of our parish.
- Prepare the annual budget.
- Audit parish financial records.
- Financial stewardship.
For additional information, please email us at fincouncil@stphilipbenizi.org , check our
points of contact or call
our Business Manager at 770-478-0178, Ext. 106.
Demographics
| Registered Families (July 2008) |
Parishioner Base (June 2008) |
| Year | Families | Gains | Losses |
| 1993 | 1,675 | 208 | 123 |
| 1994 | 1,785 | 198 | 88 |
| 1995 | 1,847 | 235 | 173 |
| 1996 | 1,789 | 362 | 420 |
| 1997 | 1,723 | 297 | 363 |
| 1998 | 1,863 | 328 | 376 |
| 1999 | 1,953 | 401 | 212 |
| 2000 | 2,173 | 419 | 456 |
| 2001 | 1,874 | 383 | 682 |
| 2002 | 1,954 | 420 | 419 |
| 2003 | 2,036 | 384 | 486 |
| 2004 | 2,015 | 409 | 430 |
| 2005 | 2,347 | 427 | 95 |
| 2006 | 2,633 | 467 | 218 |
| 2007 | 2,038 | 334 | 929 |
| 2008 | 1,858 | 241 | 421 |
|
| City | Families |
| Jonesboro | 607 |
| Riverdale | 299 |
| Stockbridge | 184 |
| Fayetteville | 165 |
| Hampton | 165 |
| McDonough | 75 |
| Morrow/Lake City | 68 |
| Rex | 56 |
| Atlanta | 46 |
| Ellenwood | 42 |
| Forest Park | 41 |
| Fairburn | 17 |
| Peachtree City | 15 |
| Griffin | 12 |
| Locust Grove | 11 |
| All Others | 48 |
| | |
|
Current Report
The budget is prepared annually and covers the period 1 July - 30 June. Our parish
basically operates on a cash "check book" basis. We
can only spend what we receive in offerings and donations.
The Parish Annual Report below lists the sources of our
income and our expenses.
|
Income: 1 July 2007 – 30 June 2008 |
Expenses: 1 July 2007 – 30 June 2008 |
|
Offertory |
78.6% |
|
Children's Programs |
6.2% |
|
Religious Education |
2.1% |
|
Georgia Bulletin |
0.9% |
|
Parish Mortgage |
9.1% |
|
Other (interest income,
bookstore, etc. |
3.1% |
|
|
Parish Budget and Savings Accounts:
We have three long-term savings accounts with the Archdiocese: Savings, Capital Reserves
and Mortgage Fund. The Savings account is a general savings account, containing both specified and unspecified contributions from parishioners for memorial projects. The Capital Reserves account is required by the Archdiocese and is a reserve account to meet future costs of capital repair and replacement of plant systems and components, not for ordinary repairs and maintenance.
The Mortgage Savings Account holds mortgage donations
until needed for a mortgage payment.
Archdiocesan Responsibilities
Archdiocese Assessment:
Each parish community is assessed yearly based on its offertory income. This money helps the Archdiocese maintain its central offices, seminary programs, administrative services, financial services, Marriage Tribunal Offices, Office of Family Concerns, Development Office, etc. This assessment is based on a set formula determined by the Archdiocese.
School Subsidy: The
formula that is used to determine the Archdiocesan
Assessment is also used to determine our assessment that
subsidizes Catholic education in the Archdiocese.
Archbishop's Annual Appeal:
Each year in late September/early October, the Archdiocese
begins an appeal to assist with special outreach programs such as, Family Life, Pro-Life, Black Catholic Ministry, Hispanic Ministry, Religious education, and the future growth of the Archdiocese. Mailings come direct from the offices of the Archdiocese.
If we fall short of our goal, we are expected to pay the difference from our offertory collection.
Georgia Bulletin: The "Georgia Bulletin" is
the official newspaper of the Archdiocese of Atlanta. The
parish is billed and we mail an invoice during February to
each registered family. If we fall short with our
billing from the Archdiocese, we are expected to pay the
difference from our offertory collection.
On-Going/Future Projects
1. Renovation and Expansion of Parish Facilities:
This is an on-going project. For more
information and current status,
click here.
|
