Parish Finance

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"For God so loved the world, that he gave his only Son,
that whoever believes in him should not perish but have eternal life".

-- John 3:16
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Finance Council

A.  Organizational Structure
The responsibility for the sound financial management of the Parish, including the goal of ensuring complete transparency, rests with a group of individuals working in a supportive and cooperative manner.

1:  Under Canon law, the Pastor has primary responsibility for the administration of the temporal goods of the parish.  He discharges this duty under the vigilance of, and in accordance with, the instructions of the Bishop.  He has the responsibility for making all of the financial decisions for the Parish.

2:  The Pastor is supported in this area by the Parish Finance Council.  The Finance Council is a consultative body of lay persons mandated by Canon law to advise the Pastor in matters pertaining to the financial affairs of the Parish.  The Finance Council is advisory to the Pastor and its decisions/recommendations are valid only when accepted and ratified by the Pastor.

Current members of the Finance Council:

George Erenson

Patrick Grasso

Bob Howe

David Junius (Chair)

Maribeth Tanen

Gary Lydon

Thomas Raymond

Feel free to

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our Finance Council.

3:  The day to day financial operations of the Parish are the responsibility of the Finance Director.  The Finance Director is accountable for ensuring that the Parish meets its financial obligations and that the financial decisions of the Pastor are implemented.  In addition to the routine activities of generating the payroll and paying the bills, the Finance Director creates the financial reports which are used by the Finance Council and which are distributed to the parishioners.

The current Business Manager is Martha Vassar and she is located in Room 205 of the O’Connor Center. 
Marth can be reached at 203-637- 3661, ext. 325.

B.  Reports
Sound management of the temporal goods of the Parish relies on accurate and timely financial reports.  The Parish’s fiscal year runs from July 1st of one year to June 30th of the following year.  Reports are required by the Diocese before the start of the fiscal year in the form of a Budget and during the fiscal year in the form of Quarterly Reports.

1:  The Budget
The Budget serves as a guide to the resources needed to accomplish the Parish’s activities.  It ensures that revenues and expenses are brought into alignment.

Responsibility for the Budget begins with each of the ministries/ departments of the Parish.  Their information is compiled by the Finance Director and submitted to the Finance Council for review.  After any adjustments are made by the Council, the final Budget is submitted to the Pastor for his approval.  Once approved, spending not included in the Budget requires the approval of the Pastor.

2:  State of Parish
A copy of the most current financial report on the parish can be found on the left side of this page:  State of the Parish Report.

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Giving

Learn about Giving at St. Catherine's here.

Our Stock Donation Procedures information can be found here and on the left side of this page.

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2019 THANKS-IS-GIVING APPEAL
GOAL: $225,000

  Learn details here in our Parish Letter  

Current Status

The TIG Appeal had another great month in January resulting in 50 gifts that totaled $60,320.
Your pastor, Finance Council and Staff are grateful for your support to the 2019 TIG Appeal
We are able to accomplish much through your continued generous support of our parish!

THANK YOU!  THANK YOU!!  THANK YOU!!!

Donations 12 1 22

The Parish FAVICONOf one heart and mind 1

 

Helpful Information

State of the Parish Report 
Finance Council's report on the Operating Budget for the most current Fiscal Year.
Click here

Stock Donation Procedures
If you would like to make a gift of appreciated securities to St. Catherine of Siena Church, please
Click here for information.

Giving at St. Catherine's
Learn more here.