Saint Faustina Catholic Church Annual Financial Report October 2016 Finance Council Father Dat, Deacon Randy, John Gillespie, Carlos Gonzalez, Chad Greenway, Matt Hartfiel, Bobbie McDonald, Paree Prejean

Cash Collected Last Year This Year Actual Budget (2015-2016) (2016-2017) Offertory $1,549,468 $1,833,250 DSF 137,005 75,000 Faith Formation 86,258 154,200 Other 38,221 0 1,810,952 2,062,450 Capital Campaign 1,918,518 1,200,000 Total $3,729,470 $3,262,450

Money We Spent Last Year This Year Actual Budget (2015-2016) (2016-2017) General Parish $ 102,077 $227,048 Faith Formation 224,633 399,744 Administration 143,832 303,113 Facilities 216,446 208,341 Other 29,482 21,920 716,470 1,160,166 Loan Repayment (P&I) 55,168 356,730 Total $771,638 $1,516,896

General Information Registered Families July 1st, 2015 1,350 October 2016 2,100 June 30th, 2017 (Projected) 2,800 Employees July 15 Oct/16 June/17 Full-Time Employees 4 7 11 Part-Time Employees 1 1 3

Major Cost Increases Budgeted cost are up by $745,258 due to…. Start up of Archdiocese Tax Charge $100,620 Additional Salaries/Benefits 286,400 Faith Formation Program Growth 50,102 Community Outreach 54,000 Building & Land Loan Repayment 301,562

Our New Home

Parish Hall - Construction Costs Land Purchase $3,061,837 Utilities Hookup & Permits 651,444 Building 5,460,000 Facility Infrastructure 2,703,168 Architect & Engineering 1,016,570 Furniture & Fixtures 300,000 Capital Campaign 142,744 Contingency 202,811 $13,538,574

Parish Hall - Construction Funding Pledge Payments Received $1,768,620 Future Pledge Payments 3,284,510 ADGH Loan (*) 8,100,100 Surplus Cash from Offertory 385,444 $13,538,574 (*) Loan repayment will begin January 2017