Fiscal Statement

12-18-2016Pastor's LetterFr. Tim Christy

Dear Parish Family:

I present you with last year’s fiscal statement for our parish operations. It shows ashortfall due to a number of factors. One reason is that we had some capital expenditures that will not be needed again for the foreseeable future, but it was primarily due to a drop in our ordinary income from Sunday collections. We, like almost all of the parishes in central New Jersey, are experiencing a dramatic downturn inregular Church attendance. With the decline in attendance fewer people are contributing and some due to life circumstances need to contribute less.

The shortfall is one of the main reasons I had to appeal to the parish for an increased offertory. It was necessary last fiscal year to draw from our parish reserves to meet ouroperating costs. This obviously is only a short term solution, and is something that wecan not sustain. I am indeed hopeful that with everyone’s concerted effort, we will beable to meet our budget goals. I am working steadily with our dedicated and gifted Finance Council to revise our budget accordingly. We will then adjust what the parishcan offer according to the gifts we will receive from our parishioners.

I am deeply grateful for all of the gifts you give to us to advance the Kingdom of God. I feel extraordinarily blessed to be your pastor and seek to do my very best to serve youas you deserve, who are God’s precious people.

Be sure of my daily prayers for you and your families,
Fr. Tim Christy

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