Financial Operations of St. Joseph Parish
The financial challenge last year and this year is to make certain that sufficient funding is available to meet the monetary requirements accruing to Saint Joseph parish for the expenses of St. Mary – St. Joseph School. The parish has met its fiscal obligations to the school, but at the expense of not being able to meet all of the expenses due the Diocese (i.e. cathedraticum, property insurance premiums, etc.).
The following is a comparison of the Revenue and Expenses for the past two years:
2016-2017 2015-2016
Total Revenue $547,550 $631,114
Total Expenses $570,665 $639,728
Net Income/Loss ($23,115) ($8,614)