2020 Annual Parish Financial Report
July 1st to June 30th, 2020 (12 Fiscal Months)
In Fr. Mike Straley's initial year as Pastor, the parish was able to remain stable financially. From the information in the charts, you can see the decline in revenue was offset by expense reduction efforts. The parish cash situation was aided when it qualified for a Payroll Protection Program loan. Staff furloughs happened, but were mitigated by the PPP loan.
Historically, the parish's plate income has come from cash, check and strong electronic giving (see the Bar Chart above). With the limitations on church attendance, it is even more critical for parishioners to embrace our electronic giving program. It is the safest, healthiest and more cost efficient way for you to support the parish and our ministries. We have 383 families giving electronically and our goal is 500 by June 30, 2021.
There are a number of capital expenditures that we will be looking at in the upcoming months - replacing the air conditioning system for the church, replacing or major repairs to the church and office roofs and the construction of a new rectory. More information will be forthcoming. Parishioners should be proud of the wonderful campus that exists at St. Bernard that allows all of us to carry out Christ's mission to the world.
—St. Bernard Finance Council