(published October 25, 2009)

Parish Fall Financial Report

As committed in our 2008 financial summary presented this past spring, the Parish Finance Committee would like to update everyone on our position as of September 30, 2009.

While 2009 has been a challenging year for everyone financially; we would like to thank you for being as generous as possible. The expenses of the church are for the most part fixed and that presents a challenge anytime revenue decreases. We are pleased that as of the end of September offertory revenue is just slightly lower than it was in 2008. In fact most of the difference occurred early in the year and since April we are on track with our 2008 income. That said, the highest revenue months for the church are October through December. We are planning based on the same revenue experienced in those months last year and are confident the parishioners of St. Johns will continue to be supportive. If we can maintain our projected revenue we will be able to cover expected expenses.

Our second fund, the Capital Campaign is equally as important to the parish. The buildings and property that make up St. Johns are very extensive and require financial expenditures to maintain their integrity. The Finance Committee has been operating with the view that expenditures will be limited to those that are essential. At this time our Capital Fund has been able to meet the needs of our buildings, however a single major donation to this fund has allowed us to be in this position and as such we would ask you to remember the Capital Campaign each month.

In summary, while 2009 continues to be a challenging economic time for everyone, we are confident the financial obligations of St. Johns will continue to be met by it’s parishioners. We would like to thank everyone for their generosity to date and we look forward to presenting a positive financial report at the end of the year.