St. Joseph School School/Community Meeting October 1, 2009

Current Financial Status… $5,165 Cost per student to educate $5,165 Cost per student to educate $2,070 Tuition paid for 1 child $2,070 Tuition paid for 1 child $10,230 Cost for 2 students to educate $10,230 Cost for 2 students to educate $ 2,160 Tuition paid for 2 children $ 2,160 Tuition paid for 2 children $15,495 Cost for 3 students to educate $15,495 Cost for 3 students to educate $ 2,160 Tuition paid for 3 children $ 2,160 Tuition paid for 3 children *Church pays 63% of the cost to educate our students

Accomplished to date…  Cost cutting measures that have already been implemented.  Teachers’ salaries frozen for the 2009 – 2010 school year  Cut back on teaching supplies  Switched from PowerSchool to RenWeb

Accomplished to date…  Meitler Study implementation by Diocese – Long Range Strategic Plan that has recommendations for each school  Consideration should be given to including members who are not current school parents on the Commission  Financial component should include a plan to increase tuition to a greater portion of the per pupil cost and make the school less dependent on parish support for operations  Marketing component should include updating the school brochure, strategies to retain students from 6 th to 7 th grade and ways to promote the value of the school to parishioners and parents. Strategies to attract students from the East Peoria and Creve Coeur areas should be identified

Current Management Structure… Diocese - Bishop Bishop Vicar General PastorTrustees Finance Committee CommitteePrincipal Education Commission Commission Advisory Groups Decision Making Authority

New Fundraiser Structure…  Structure developed to organize/manage fundraising through the Education Commission 1. Tuition/Fees 1. Tuition/Fees 2. Enhance current fundraising 2. Enhance current fundraising 3. New Revenue Sources 3. New Revenue Sources 4. Marketing 4. Marketing

Options to move forward… 1. Tuition/Fees Committee – Recommendations from Finance Committee and Education Commission with Pastor and Principal concurrence Committee chairs – Brian Geier and Committee chairs – Brian Geier and Tom Tesar Tom Tesar  Compare costs of other local schools

Compare other local schools’ tuition… St. Joseph Tuition - 1 child2,070 Fees330 Total2,400 Tuition - 2 children2,160 Fees405 Total2,565 Tuition - 3 children2,160 Fees405 Total2,565 St. Edwards 2, ,923 2, ,366 2, ,711 St. MarksSt. VincentSt. Thomas 3,500 3, ,6003,6883,902 4,4004,2004, ,6004,4774,772 4,9004,6504, ,2005,0165,319

Proposed new committees cont… 2. Enhance current fundraising – Golf/Dinner/Auction, Scrip and Market Day Ed. Committee chair – Beth Martin Ed. Committee chair – Beth Martin

Proposed new committees cont… 3. New revenue sources – i.e. Sponsor a Child, Rivermen Games, Chief games, Culver’s night Ed. Committee chair – Michael Honan Ed. Committee chair – Michael Honan 4. Marketing/Publicity – i.e. Brochures, Newspaper articles/pictures, Community service projects, Promotional video Ed. Committee chair – Gregg Bradshaw Ed. Committee chair – Gregg Bradshaw

What are the goals?  Decrease subsidy to 50% by raising approximately an additional $150,000 annually  Education commission will summarize progress to share with the finance committee and with parents through the blue folders

What happens if we don’t reach the goal?  Progress will be monitored throughout the school year and additional action plans will be developed as necessary.  Any further steps will be reviewed through the administrative team (Trustees, Pastor, Principal, Education Commission members and Finance Committee) and shared with the parish/school as necessary.

How can you help…  Volunteer time for a committee  Provide ideas for additional revenue. (Please forward through one of (Please forward through one of the committees chairs) the committees chairs)  Continue financial support of Church and school Church and school

Questions and Comments Closing Remarks by Father Tim with Closing Prayer