Congregation of Holy Angels
Budget
Fiscal Year 2007/08
REVENUES				EXPENDITURES
Parish				Church & Rectory
Envelopes		$1,056,905		Salaries & Benefits		$333,737
Offertory		67,000		Supplies & Services		45,206
Donations and Bequests		5,000		Utilities & Maintenance		46,953
Misc - Pick N'Save		7,500		Insurance & Other		32,557
Collections for Others		30,000		Sub-Total		$458,453
Tuition		567,593		School
School Fees & Fund Raisers		256,000		Salaries & Benefits		$1,344,258
Tuition Assistance-Trust Fund		10,000		Supplies & Services		152,340
Tuition Assistance-St. Vincent de Paul		9,750		Utilities & Maintenance		91,902
Tuition Assistance-Other		0		Sub-Total		$1,588,500
Tuition-School Trust Fund		50,000		Religious Education
Tuition-Participating Parish		12,450		Salaries & Benefits		$46,091
Tuition-Stehling Project		68,000		Materials & Supplies		14,500
Rental Income		54,000		Utilities & Maintenance		1,761
Festival Income		45,000		Sub-Total		$62,352
Interest Income		1,810		Youth Ministry
Other Incomes		0		Salaries & Benefits		$17,031
Religious Education Receipts		14,500		Supplies & Services		29,115
Youth Ministry Receipts		28,950		Sub-Total		$46,146
Sub-Total		2,284,458
				Capital Expenditures		20,000
				Archdiocesan Assessment		57,232
				Parish-Dominican Republic		14,275
				Collections for Others		30,000
				Renovation Interest		7,500
Total Revenues		$2,284,458		Total Expenditures		$2,284,458
				Operating Residue		$0
This report covers the parish business year from July 1, 2007 to June 30, 2008
Financial footnotes:
Subsidy provided School by Parish was $614,707 (49.1% of Total Church Revenues)
Restricted Funds - highlights not reflected in the above are:
Long term financial needs (NOT provided in operating budget):
(These projects are funded by separate donations and from the proceeds of wills and estates)