Finance Committee Minutes

2/12/07

Present: Ray Espinoza, Sherry Hall, Tim Kearney, Leticia Mathern, Rudy Forster, Donna Terry, Fr. Bob Chorey

Agenda

1. January minutes approved as is

2. January Finances:

• weekly contributions averaged $2538
• Question about line item 4707, that it is Carol’s salary
• Ray commented that we actually not doing bad,
• we are 58% through the year
• income at 54% and expenses 58%
• Donna expressed concern about year to date income versus actual
• Possible areas of concern in expenses
• 240 which are Paluch Missallettes
• 6240 due to increased number of kids in Religious Ed.

Copier expenses still awaiting on paperwork from Macabees

Seminarians gift $300 from KoC and $300 from parish.

3. Building Fund

• discussion on whether to use $100,000 to pay on debt
• Fr. Bob would like to NOT use it, rather keep the money in Fund so that it shows a positive otherwise it looks like we are starting from zero
• Question on sale of Land, at this point, no information to share.

4. Plan for presentation in Mid March about stewardship

5. Table Racks

• Sherry present costs to purchase table racks
• racks need to contain tables, they fall too easily and present a safety hazard
• Costs range from $239-$265
• Committee recommended purchase

6. Envelopes

• for 2^nd collection, since to satisfy government regulations for charitable giving

meeting adjourned.