November 14, 2021
THE MANAGEMENT OF THE ASSETS
Summary: The parish ended last fiscal year in
the red. The SBA/Payroll Protection Plan loan from previous year assisted with some part of this fiscal year. Once again we were able to pay all of our Archdiocesan Obligations. The parish is working hard on maintaining a balanced budget. With your assistance with Sunday collections, we still came in 8.43% under budget. Through personal donations, we were able to pay off our consolidated 2014— 2017 loan to the Archdiocese. Not only are your donation of your talents or time needed, we need continued support in our weekly collections. Therefore, I am once again asking all parishioners who have not yet increased their weekly contributions to please consider a $1.00 per week increase. We currently have 1,898 parishioners. With an additional $1.00 per parishioner over the remaining 33 weeks in this fiscal year we would increase our total revenue by $62,634. With these additional funds and continued control of expenses we will be able to once again fulfill all of our Archdiocesan Obligations and be current with all of our everyday invoices.
With the help of all of you, we are continuing to reduce one of the operating loans. This past year collections were $10,543 reducing the balance to $119,440.
MAINTENANCE, SITE AND FACILITIES
With the unusual past year dealing with the pandemic, project still got completed. We were able to repave our Seymour Church parking lot and completed the St. Christopher parking lot wall. Just a reminder, we have projects on the horizon for our aging parish buildings. We need those of you who have not yet fulfilled your TTWCI pledges to please continue to fulfill your pledges. We can use those funds to help pay for upcoming projects. I appreciate all of your commitments to Santa Maria del Popolo and thank you for your continued support.
Sincerely, Rev.. Miguel Martinez, Pastor