Embed
Email

Minutes of

Document Sample

Shared by: linxiaoqin
Categories
Tags
Stats
views:
0
posted:
12/10/2011
language:
pages:
22
Minutes of

Our Lady of the Meadows

Finance Committee Meetings

Contents



December 19, 2007

November 28, 2007

October 17, 2007

September 26, 2007

August 16, 2007

July 18, 2007

June 20, 2007

May 16, 2007

April 18, 2007

March 21, 2007

February 21, 2007

JANUARY 17, 2007



2006 Archive

2005 Archive

2004 Archive

2003 Archive

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

December 19, 2007



Attendees: Father Kevin Novack, Deacon Jean-Marie, Deacon John Wertz, Dick

Sellers, Mike Patterson, Gabi Brummer, Ron Schwartz and Linda Zabukovic

The meeting began at 5:30 with a reflection on the coming Sunday’s Gospel.



The minutes from November’s meeting were reviewed and accepted with one correction: The

meeting with the Bishop concerning the land acquisition was attended by Ron Schwartz, Dick

Sellers, AND Father Kevin.



In the matter of Old Business:



1. The sub-committee working on the land acquisition from the Milano Trust is still in the

process of drawing up the final agreement.

2. The sale of grocery store certificates is doing well, with about $3200.00 in profit so far.

Cathy Maloney approached WalMart to inquire about selling their cards, but was turned

down by the management of that store.

3. Mike Patterson is proceeding with the purchase of upgrades to the parish computer system

with Dick Sellers’ assistance. The software will cost $483.00 and hardware to improve

server to network connections will cost $585.00. This was included in the budget. These

upgrades will include updates for the OLM website.

4. Mike reported that the Offertory receipts are down a little but he is anticipating a good

Christmas collection.



New Business items include:



1. We will begin in February with budget presentations by the various ministries. Linda

Zabukovic will begin to send invitations to the department chairpersons. February meeting

will host Liturgy and Music, March will include Formation, Peace & Justice, and Youth

Ministry. Parish Life and Maintenance will present budget items at the April meeting.

These budget presentations are meant to help determine immediate needs and future plans

for the various ministries in the parish.

2. Jim Wilson, Mike Patterson, and Linda Zabukovic will attend the kick-off meeting and

dinner for the Diocesan Ministry Fund (formerly BDF) at St. Pius January 17, 2008.

3. The committee will be posting a message in the church bulletin asking parishioners with an

extra road-worthy vehicle to consider donating it to the parish for Deacon Jean-Marie. He

is currently using a diocesan car that is not dependable. Linda Zabukovic will write the

bulletin notice and send it to Fran.



The next meeting will be January 23, 2008 at 5:30.



The meeting adjourned at 6:35 with a prayer.

Minutes respectfully submitted by Linda Zabukovic.

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

November 28, 2007



Attendees: Mike Patterson, Dick Sellers, Jim Wilson, Ron Schwartz, Deacon John Wertz, Gabi

Brummer, Gregora Vallejo, and Deacon Jean Marie.



The meeting began with a prayer at 5:30 PM..



The minutes from the previous month’s meeting were approved and accepted.



In the matters of Old Business:



1. Fr. Kevin, Dick Sellers and Ron Schwartz had a meeting with the Bishop to discuss the

land purchase from the Milano Trust. The meeting did not result in any definite decision on

the part of the Bishop. Dick and Ron and the sub-committee will continue to work on this

land acquisition.

2. Mike Patterson updated the committee on the progress of the sale of grocery store

certificates. So far, the net profit totals $1,750.00. Cathy Maloney plans to inquire at Wal

–Mart if any similar program exists there for fund-raising.



Items of New Business included:

1. Dick Sellers is working with Mike Patterson on some hardware and software upgrades for

the parish.

2. The committee needs to begin working on the new budget. We will plan at the next

meeting how to schedule the various ministries to present their “needs and dreams” list.

Mike reported that we are running a little behind in Offertory receipts. ($5,522.00)

3. Mike Patterson briefed the committee on the roof replacement that is planned for the

spring. He is having some difficulty getting roofing contractors to review the damage and

submit estimates.

4. The BDF will be renamed the Diocesan Ministry Fund in 2008. The kick-off meeting and

dinner will be held at St Pius Church Thursday January 17, 2008. The meeting starts at 4:30

PM followed by dinner at 6 PM.



Open Discussion Item:



1. The last item discussed was the stipend account for the deacons. Donations are still coming

in for the deacons but Father Kevin has declined to dispense the funds.



The meeting ended with a prayer at 6:30 PM.

The next meeting will be Wednesday December 19, 2007 at 5:30 PM.

Minutes respectfully submitted by Linda Zabukovic

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

October 17, 2007



Attendees: Father Kevin Novack, Mike Patterson, Deacon Jean-Marie, Deacon John

Wertz, Gabi Brummer, Ron Schwartz, Gregoria Vallejo, and Jim Wilson.



Father Kevin opened the meeting by leading a reflection on the upcoming Sunday’s

Gospel.



OLD BUSINESS:

The minutes of the September meeting were reviewed and approved as written.



Land Purchase: Ron Schwartz reported on the progress of the subcommittee. No final

decision was made on how to purchase the land. Some more issues need to be resolved

by the subcommittee before proceeding with a recommendation for a decision.



Kroger Grocery Certificate Sales: Mike Patterson reported that the King Soopers and

Safeway Grocery Certificate sales up to date show a net profit of $1490.00. Mike tracks

income and expenses separately, but shows the Grocery Certificates in a clearing

account only on the balance sheet. All profits are earmarked for the youth ministry.



NEW BUSINESS:

Deacon Jean Marie cost: Mike Patterson reported that he reopened a budget line item to

run receipts and expenses through for Deacon Jean Marie.



Project Completion Report: Mike Patterson reported that he had filled out the Project

Completion Report concerning the Church refurbishment and submitted it to the

Diocesan Office.



Gift - Meal: Jim Wilson reported that the Finance and Stewardship Committees are

scheduled to assist with the GIFT meal on November 11, 2007. It was suggested to serve

Collette’s Mostaccioli in a family style with cookies for dessert. John Wertz, Gregoria

Vallejo and Gabi Brummer volunteered to bake cookies.



The next meeting will be held on Wednesday, November 21, 2007 at 5:30 pm.



The meeting was adjourned at 6:30 pm.



Respectfully submitted by Gabi Brummer

Return

Our Lady of the Meadows Catholic Community

Finance Committee Meeting

September 26, 2007



Attendees: Father Kevin Novack, Dick Sellers, Deacon Jean-Marie, Gabi Brummer, Deacon

John Wertz, Gregoria Vallejo, Jim Wilson, Mike Patterson, and Linda Zabukovic





The meeting began at 5:30 with a prayer.



The minutes of the last meeting were approved and accepted.



In the matter of Old Business:



1. Barbara Duff reviewed the land purchase from the Milano Trust. After listening to her

opinion and that of the Bishop’s, the land purchase will be referred to a sub-committee

made up of Dick Sellers, Father Kevin, Ron Schwartz, and Gabi Brummer. They will

report back at the October meeting.

2. The sales of Gift Certificates for Safeway and King Soopers is going well. Kathy Maloney

and her crew have been successful at recruiting volunteers to man a booth at each Mass.

Net profit as of this meeting is $1,240.00

3. The shades for the church skylights are still in the works.

4. The approved budget for next fiscal year was sent to the Diocese on time.



New Business items included:



1. Deacon Jean Marie will be living at St. Anne’s parish but in service to OLM for six

months. Food and travel expenses will be covered by OLM. For September, his expenses

were $226.15. For his six month stay, that would total around $1357.00.

2. An update was given concerning the parish commitment to the NCYC in Columbus Ohio.

40 parishioners will attend. The parish will pay the registration fee for each attendee, with

the rest of the cost paid for through fund-raisers and attendees. Registration fee is $180 per

person. Knights of Columbus has donated $1000 and the committee agreed to donate

$3000 to defray costs for the group.

3. Recent hail damage to the roof of the church and rectory as well as to numerous air

conditioning units has prompted Mike Patterson to contact the insurance company used by

the diocese. He will get estimates for the repairs and forward the information to the

Diocese. We have a $2500 deductible. The parish will be responsible for $1000 and the

Diocese for the remaining $1500.00.



The meeting adjourned at 7:00 PM.



The next meeting is scheduled for Wednesday, October 17, 2007 at 5:30 PM.

Minutes respectfully submitted by Linda Zabukovic

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

August 16, 2007

Attendees: Mike Patterson, Dick Sellers, Ron Schwartz, Jim Wilson, and Gabi Brummer.



Mike Patterson opened the meeting at 5:30 with a prayer.



OLD BUSINESS:

The minutes of the June meeting were approved as written.



Land Purchase: Ron Schwartz reported that documents regarding the land purchase

have been agreed upon by Giltners and sent to the lawyer for review. The first payment

should be due in October.



Kroger & Safeway Grocery Certificate Sales: Mike Patterson presented a report

regarding the Grocery Certificates sales, which shows a net profit of $990.00 so far.

Safeway and Kroger Script in the amount of $5000.00 each was added on July 31st.



Skylight Shades: Dick Sellers reported that he is still working on the purchase of shades

for the skylights above the altar. It was suggested that Mike also get a bid from Gary’s

Upholstery.



NEW BUSINESS:



Mike Patterson had prepared the Parish/Mission Financial Report 07 for the Diocese. It

was signed by Jim Wilson.



The next meeting will be held on Wednesday, September 19, 2007 at 5:30 pm.



The meeting was adjourned at 6:15 pm.



Respectfully submitted by Gabi Brummer

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

July 18, 2007

Attendees: Mike Patterson, Dick Sellers, Ron Schwartz, Gregoria Vallejo, Jim Wilson,

and Gabi Brummer.



Mike Patterson opened the meeting at 5:30 with a prayer.



OLD BUSINESS:

The minutes of the June meeting were reviewed and approved as written.



Land Purchase: Ron Schwartz reported that the non-profit corporation has been in

negotiation with Betty Giltner regarding the land purchase. A rough draft of an agreement

is being worked out. A 5 year pay-out and an interest rate of 8½% have been agreed on.

Some other item requested by Giltners are under consideration: a seat on the Board of

Directors of the non-profit corporation, and that the $20,00.00 earnest money paid to

Giltners approximately 3 years ago will be added to the amount of $150,000.00 still due,

which would make the total purchase price $170,000.00 instead of $150,000.00 as

formerly discussed.



Once a final agreement has been reached, it needs to be decided whether OLM parish

funds will be contributed to the corporation as a lump sum or over time.



Kroger Grocery Certificate Sales: Mike Patterson presented a report regarding the King

Soopers Grocery Certificates sales, which show a net profit of $490.00 so far. Mike will

track income and expenses separately, but show the Grocery Certificates only on the

balance sheet. All profits are earmarked for the youth ministry.



2007/2008 Budget: Mike Patterson reported that the budget for 2007-2008 had been

submitted to the Diocesan Office on time.





NEW BUSINESS:



The final year-end financial statements were reviewed. Jim Wilson suggested that Linda

Zabukovic would check at Wachovia to find out what other investments might be

advantageous to use for the Boulse Endowment. It has grown from the original funding

amount of $20,000.00 to over $20,400.00 and has an annual pay-out of $1000.00 for

scholarships.



Mike Patterson reported that the purchase of shades for the skylights above the altar is

currently being looked into.



The next meeting will be held on Wednesday, August 15, 2007 at 5:30 pm.

The meeting was adjourned at 6:45 pm.



Respectfully submitted by Gabi Brummer

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

June 20, 2007

Attendees: Father Kevin Novack, Deacon John Wertz ,Mike Patterson, Jim Wilson, Dick

Sellers, Ron Schwartz, Gabi Brummer, Gregoria Vallejo, and Linda Zabukovic



The meeting began at 5:30 with a reflection on the upcoming Sunday’s Gospel.



The minutes of the May meeting were reviewed and approved as written.



Old Business items included:



1. Land Purchase: By-laws for the non-profit corporation that will purchase the land from the

Milano Trust were reviewed. The organization will be called The Roger P. Dorcy

Community Project, Inc. As noted in the by-laws, the purpose of the Corporation “shall be

charitable and educational, and to provide services, education and assistance consistent

with the principles of Catholic Community, Hospitality and Charity.” A non-profit can

apply for grants that churches cannot. The non-profit has been approved by the IRS. The

funds will be used for the building of a mission facility ultimately as well as for parking

and drainage. OLM will be a member of the non-profit but relinquishes negotiation rights

to the corporation. If in the future the non-profit is dissolved, all assets would revert back to

the Catholic Church. A donation of $1000 a year would entitle the donor to a seat on the

board. This donation would not serve as a substitute for the tithe or BDF contribution. A

donation of any amount would entitle the giver to membership in the non-profit. The

committee voted to transfer the $20,000 down payment from the ledger sheet to the

corporation to negotiate the land purchase. Ron Schwartz and Dick Sellers abstained from

the vote as they will be board members of the corporation.

2. The sale of grocery store certificates will begin soon. Cathy Maloney will be in charge and

has received the “seed” money of $9,500.00 to get the project going.

3. Mike Patterson reported that he still has not heard from the insurance company regarding

increased coverage for the church facility since the remodel.

4. The cabinet for the sound gear in the church has been installed. The glass door for the

cabinet is on order. The sound system is now functional except for one amplifier which will

be replaced. It was suggested that training for cantors and lectors might be a good idea as it

appears that there is a problem of judging the needed proximity to the microphone for good

sound quality.



New Business items include:



1. The budget presented at last month’s meeting was reviewed and changes suggested at the

last meeting were noted. The increase in payroll reflects the addition of Lynn Cervi as a

fulltime staff member. The budget was approved and sent to the Diocesan office.

2. The BDF campaign so far has garnered $70,000.00 in pledges, far short of the goal of

$114,000.00. The goals for the last 5 years have been difficult to reach with OLM being

required to “kick in” anywhere from $39,000 to $50,000.00 per year.



The meeting concluded at 7PM with a prayer.

The next meeting is scheduled for July 18, 2007 at 5:30 PM.

Minutes respectfully submitted by Linda Zabukovic

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

May 16, 2007

Attendees: Father Kevin Novack, Deacon John Wertz, Mike Patterson, Dick Sellers, Jim

Wilson, and Gabi Brummer.



Father Kevin opened the meeting at 5:30 by leading a reflection on next Sunday’s

Gospel.



OLD BUSINESS:

The minutes of the April meeting were reviewed and approved as written.



Land Purchase: Dick Sellers reported that he and Ron Schwartz had met with the Parish

Council last Wednesday regarding the land purchase. Ron Schwartz had called the

Internal Revenue Service and was advised that the corporate application for Non-Profit

status was still being processed. We will have to wait for IRS approval before finalizing the

land purchase. In June Ron and Dick will meet with Father Kevin and / or the Finance

Committee at a special meeting, if necessary, to brainstorm ideas on how to proceed with

the detail of the purchase.



Insurance Coverage on the Renovated Church: Mike Patterson reported that he had sent

the required paperwork to the insurance company but had not yet heard back.



Cabinet for Sound Gear: Dick Sellers reported that a half-wall had been put up as a

shield. The cabinet should be done fairly soon and slide behind the wall. The cost is still

estimated to be under $3000.00.



Kroger Grocery Certificate Sales: Mike Patterson reported that he had moved $9500.00

out of the Wachovia account and is waiting to write a check for the initial purchase of the

King Soopers Grocery Certificates, when he receives notice from the group taking on this

project.



Catholic School Support: Mike presented a letter from the Peace & Justice Committee

stating that the committee feels any contribution to Catholic Education should be

budgeted from OLM’s operating expense rather than monies meant for the poor. After

discussion, the finance committee unanimously decided that the support of the Pueblo

Catholic Schools should come out of the OLM tithe as there is not enough money

available in the budget for it otherwise.



NEW BUSINESS:

2007/2008 Budget: Mike Patterson presented a preliminary budget for 2007-2008. It was

reviewed by the committee and some changes were made. Mike will send out the revised

budget to committee members soon, so that by next meeting the budget can be finalized

and approved. It is due at the Diocesan Office on June 21st.

The next meeting will be held on Wednesday, June 20, 2007 at 5:30 pm.



The meeting was adjourned at 6:45 pm.



Respectfully submitted by Gabi Brummer

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

April 18, 2007



Attendees: Father Kevin Novack, Jim Patterson, Jim Wilson, Gabi Brummer, Gregoria Vallejo,

Ron Schwartz, and Linda Zabukovic. Cathy Maloney also in attendance from Parish Council.



The meeting began at 5:30 PM with a reflection on the upcoming Sunday’s Gospel.



The minutes from last month’s meeting were approved and accepted.



In the matter of Old or Ongoing Business:



1. The land purchase is pending. The last needed document has been sent to the IRS.

2. The total amount of pledges for the PDF is $59,242.00. A total of 225 pledge cards have

been returned so far. If the donation total does not increase dramatically, the parish will

have to make up the deficit of over $44,000.00.

3. Catholic Mutual, the company who insures the parish facilities for the Diocese will

evaluate increased coverage because of the renovation. Mike Patterson will submit a report

along with photos. It will then be decided if an agent needs to physically inspect the

building.

4. As Dick Sellers was not in attendance, an update on the sound equipment cabinet was not

available.

5. Cathy Maloney from Parish Council finalized the group’s plan to sell Kroger Gift

Certificates as a fund raiser for Youth Ministry. She has a group of volunteers ready to

begin the promotion. Joe Huerta will be in charge of the bookkeeping. All of the sales need

to be done by volunteers and not by any staff members in order to comply with IRS rules

governing non-profit organizations. Mike Patterson will reflect the generated revenue in a

separate line item on the operating budget. $9,500.00 in “seed money” will be taken from

the Maintenance Reserve Account at Wachovia Securities to initiate the promotion.

6. It was decided that a donation from the tithe will be given to both Pueblo Catholic schools.

The funds formerly designated to Sacred Heart Church in Avondale are available as the

staff at Sacred Heart could not give a proper accountability report. The dispersal of the

money will be handled by the Peace and Justice Committee under the direction of Chris

Armstrong.



New Business items include:



1. Due to a postal delay, Easter envelopes were delayed. Mike Patterson reported that even

with the delay, the total collection from Easter Sunday was $27,000.00. That total comes

partly from monthly tithe, cash donations, and designated Easter donations. Mike was

happy to say that we are ahead by $22,000.00 in receipts.

2. Linda Davis with the Youth Ministry Office presented her budget needs and dreams for the

coming fiscal year. Her basic budget is currently set at $82,267.00. With her dream of

having part-time assistant Lynn Cervi become full time, the budget increases to

$97,351.00. The ministry is currently funded by OLM and Holy Family. Linda will present

this proposal to the Finance Committee at Holy Family with the hope that they will

increase their funding of the program. Many of the programs that Linda hopes to

implement at both parishes need only a facilitator as Linda has already acquired the needed

learning materials at various workshops. The Youth Ministry program has a savings

account of $10,034.52 and has always been very frugal with its spending.

3. Mike Patterson presented the budget for the Maintenance Committee in the absence of

Blasé Giltner. He proposed an increase of $1000 for Building Repair Fund as painting of

the eves of the outside narthex needs to be done. The Floor Maintenance line item now

reflects that the floor scrubbers have been paid off. The Reserve Maintenance line reflects a

$4000 budget for unplanned repairs. In previous years this budget amount was used to

replace and repair air conditioning units that failed.

4. The committee resolved to work on the budget at the May and June meetings as the final

budget needs to be presented to the Diocese at the end of June.



The meeting ended with a prayer at 7:45 PM.



The next meeting will be May 16, 2007 at 5:30 PM.



Minutes respectfully submitted by Linda Zabukovic.

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

March 21, 2007



Attendees: Mike Patterson, Jim Wilson, Dick Sellers, Ron Schwartz, Deacon John Wertz, Gabi

Brummer, and Linda Zabukovic. Also in attendance: Charlotte Plutt to present Liturgy and

Music Ministry budget.



The meeting began at 5:30 PM with a prayer.



The minutes from the February 21 meeting were accepted and approved.



In the matter of Old or On Going Business:



1. We are still waiting for IRS approval for the non-profit status of the group negotiating the

land purchase from the Milano Family Trust.

2. Mike gave an update on the final details of the church renewal. We are experiencing

continuing problems with the electrical components of the lighting system. The dimmer

switches are not working and we are being forced to use either full brightness of the lights

or no lighting at all. For this reason, it was decided by the committee that the final payment

to Printz Construction would be $11,000 less than billed. We are withholding the final

payment of $11,000 owed to Pueblo Electric until the problems are resolved. The sound

system is still being fine-tuned but that particular sub-contractor is willing to correct any

deficiencies.

3. We are in the process of having the insurance company reassess the value of the church

facility since the renewal.

4. Dick Sellers is in the process of having a cabinet designed and made to house the new

sound gear.

5. The BDF Campaign for 2007 so far has 213 pledges totaling $40,000.00. Our assessment is

$114,000.00. Of the 213 pledges, we have a cash total paid of $19,000.00. The fund drive

so far has been a “tough go” for the parish.



New Business matters include:



1. Father Kevin was again approached by the Shrine of St. Therese School for a donation. The

committee discussed making a donation from the 10% tithe each month. The members

wondered if donations would be made to all diocesan schools, just the Catholic schools

located in the Pueblo deanery or just the Shrine. The group also wanted to explore

donations to the schools through the BDF. This will be discussed more at the next meeting

when Father Kevin is present.



2. Charolotte Plutt then made the budget presentations for the Liturgy and Music Ministries.

She spoke for Scott Uhernik, Director of Music, as he was unable to attend due to a

meeting at his place of employment. Charlotte emphasized the need for new vessels that

would be reflective of the renewed church. A new baptismal font was approved in the last

budget and Father Kevin needs to finalize the design with the local potter. The additional

vessels (lavabo, water pitcher, incense and sprinkler bowls, planters, and bowl and pitcher

sets for Holy Thursday) came to a total of $2500.00 which the committee approved. It was

suggested by Ron Schwartz that we might make known to parishioners that they can give

donations earmarked for these sacred vessels. Also approved for the budget were new

lectionaries for Cycles A, B, and C at a cost of $500 and a new funeral pall, also $500.

Charlotte also said that some of our older items, such as the holy water sprinkler, thurifer,

and even the tabernacle are in need of polishing or refinishing.



3. The Music Ministry budget kept its costs in line with last year’s budget. It was suggested

that a separate line item in the budget be reserved for the Bell Ministry as the group had no

budget last year. The bell musicians only ask to attend some educational workshops held

locally or in Colorado Springs which would keep their budget needs low. The only large

expense this coming year would be for accommodations for Scott at the national music

ministry convention. Those costs will be determined as the time of the event approaches

with the changing cost of airline tickets and hotel rooms.



4. The Stewardship budget was discussed by Mike Patterson and Bryson McCarty in a phone

conference Wednesday. Bryson advised Mike that the Stewardship committee anticipated

no increase in budget for the next fiscal year. The Appreciation Dinner and Ministry Fair

could be funded at the same levels as last year.







The meeting ended with a prayer at 7PM. The next meeting is scheduled for 5:30PM Wednesday,

April 18, 2007.



Youth Ministry and Maintenance will be invited next month for their budget presentations.



Minutes respectfully submitted by Linda Zabukovic

Return

Our Lady of the Meadows Catholic Community

Finance Committee Minutes

February 21, 2007





Attendees: Father Kevin Novack, Mike Patterson, Jim Wilson, Dick Sellers, Gabi Brummer,

Deacon John Wertz, Gregoria Vallejos, and Linda Zabukovic



The meeting began at 5:30 with a reflection on the Gospel for the First Sunday of Lent.



In the matter of Old or Ongoing Business:



1. The committee is working on the non-profit designation for the land purchase and will

then meet with Betty Giltner to arrange payments.

2. We are nearing the end of the church renovation details and final payment of bills to the

general contractor. The sound system is still in need of some “fine tuning” according to

Father Kevin and Dick Sellers. Final payments will not be made until everything has

been completed to our satisfaction.

3. Mike Patterson reported that out of 787 BDF cards issued, 441 have been picked up by

parishioners. 123 pledges have been received with a total dollar amount of $32,953.00.

4. Father Kevin will contact by letter those parishioners who have not made a pledge for

either the BDF or the parish tithe.



New Business items include:



1. The old speakers from the church have been put in storage. The parish has been

approached by individuals willing to purchase the old sound system. It was decided

that the parish would explore the possibilities of using the speakers in the parish

hall before selling them.

2. Dick Sellers showed drawings of a proposed cabinet to contain the new sound gear.

Dick estimated that the cost of this cabinet would be between $2,200 and $2,500.

3. The committee discussed the possibility that the insurance for the church would be

more expensive because of the renovation. Mike Patterson will contact the Diocese

about this and perhaps have Steel City Agencies, the local agent for the Diocese,

reassess the replacement value of the building.

4. The Finance Committee has been asked to lead the reading of the Stations of the

Cross for the March 23 devotion. Linda Zabukovic, Deacon John Wertz, and Gabi

Brummer will participate in the Lenten devotion.

5. Budget lists for the next fiscal year were then presented by Chris Armstrong and

Linda Zabukovic. Chris Armstrong represented the Christian Formation group and

the Peace and Justice ministry. Christian Formation requests the following:

 Two more chalkless white boards for Room 9 for GIFT

 Two metal TV carts. TV’s are also needed. Chris will put a notice in the

weekly bulletin asking for donations of “working” TV’s from generous

parishioners.

 Parish Mission or Motivational Speakers ($2,000 or $3,000 which could be

offset by a freewill offering)

 More library resources – books, tapes, etc. $1,000 ( A Book Fair is being

planned for Sept.)

 A part-time staff person to help Chris. This position could work into a full

time position.

The Peace and Justice Wish List included:

 Ministry hopes to increase funding of IHN from $250 per month to

$300 or $350 per month.

 Group needs at least $40 in essential toiletries each time we host at the

center at 225 Michigan. This would be around $300 per year.

 $1000 for educational materials or speakers on social justice issues.

 Possibility of “adopting” either a local church in need or one in another

diocese that needs hands on assistance.



Linda Zabukovic presented the budget needs of Parish Life on behalf of

chairperson, Myra Filler. It was noted that Fellowship(coffee & donuts) is

included in this ministry’s budget and was very confusing for the committee in

putting together numbers. Mike Patterson will do his best to separate these

figures so that the Parish Life committee can more easily assess needs and

expenditures. The following activities are “in the works” for the coming year.

The needed funds are estimated at around $1,600.00:

 August: Annual Parish Picnic

 October: Fall Bazaar and Halloween Party

 November: Annual Art Show

 December: New Year’s Eve Dinner & Dance



The meeting ended with a prayer at 7 PM.



The next meeting will be March 21, 2007 at 5:30 PM.



Minutes respectfully submitted by Linda Zabukovic

Return

Our Lady of the Meadows Catholic Community

Finance Committee Meeting

January 17, 2007





Attendees: Mike Patterson, Dick Sellers, Jim Wilson, Ron Schwartz, Gabi Brummer, and Linda

Zabukovic. Interested parishioners in attendance: Scott Uhernik and Teresa Colalancia.



The meeting began at 5:30 with a prayer led by Mike Patterson.



The minutes from the December meeting were approved and accepted.



Old Business and On-going business items included:



1. The renewal of the church has been completed with just a few finishing touches left. Some

cove lighting in corners as well as the dimmer switch need to be done. The total cost of the

renovation is $430,042.40. This is to within the 10% override usually allowed on

construction. The extra costs were attributed to some additional drywall and changes in

electrical needs.

2. The land purchase from the Milano estate is in the works. Payment plans to the trustees still

need to be finalized with Betty Giltner.



New Business items:



1. The 2007 BDF goal was given to all parishes at the recent BDF dinner. Our parish

assessment will be $114,201.00. Our last year’s assessment was $119,760.00. It is

important to remember that the figure is calculated using a three year rolling average of

offertory receipts. Mike said that the remainder of the 2006 assessment will not be a burden

as he is still receiving contributions for the 2006 campaign and forwarding the payments on

to the Diocese. The campaign for the 2007 BDF will be done during the month of February,

on the weekends of the 4th, 11th, and 18th. Brian McCarty and the Stewardship committee

will be in charge of passing out the cards to parishioners. He has asked for volunteers from

the Finance Committee to assist with this task. Anyone who can donate time was asked to

call Brian at 719/561-3594.

2. The 2007 tithing pledges have shown a marginal increase. While the $10,000 goal for the

Christmas offertory collection appears to be short on the income statement, it is important

to remember that the 10% tithe donation to designated charities has already been deducted.

We are ahead of budget now even with a hefty snow removal bill so far this winter.

3. Father Kevin was notified by the Bishop that OLM will have an associate pastor for 6

months this year. He will be an African priest “in training” for pastoral assignment. He will

live at the rectory with Father Kevin. It has not been determined if he will receive a stipend

for his services from the parish or the Diocese.

4. It was suggested that we begin work on the next fiscal year’s budget. Invitations will be

sent to ministry and staff representatives to attend future meetings and present their “needs

and dream lists”. Linda Zabukovic will extend invitations to the following ministries to

present their budget needs:

February: Chris Armstrong (Faith Formation and Peace & Justice)

Myra Filler (Parish Life)

March: Scott Uhernik and Charlotte Plutt (Music Ministry and Liturgy)

Karen Conry (Parish Council)

April: Linda Davis and Lyn Cervi (Youth Ministry)

Blasé Giltner (Maintenance)



Open Forum:



Scott Uhernik and Teresa Colalancia expressed interest in the music budget for this year.

They were assured that salary for the music director as well as funds for guest musicians were

covered by the budget and were not jeopardized by the purchase of new hymnals for the youth

ministry.



The meeting ended at 6:50 PM.



February Meeting should be Wednesday February 21, 2007 at 5:30 PM. However this is Ash

Wednesday. Committee members will be notified by e-mail of the date and time for the February

meeting. Update will also appear in the parish bulletin.



Minutes respectfully submitted by Linda Zabukovic.







Return



Related docs
Other docs by linxiaoqin
Volume 9 Issue 1- Winter 2-4-2004 _Read-Only_
Views: 13  |  Downloads: 0
VOLUME 35_ NUMBER 5 DECEMBER 10_ 2007
Views: 8  |  Downloads: 0
Volmer Axel-Antero
Views: 12  |  Downloads: 0
Voices for Change
Views: 7  |  Downloads: 0
Vocation Vacation
Views: 8  |  Downloads: 0
VISIT OUR SHOP CONTACT US
Views: 8  |  Downloads: 0
Visit of cellars
Views: 7  |  Downloads: 0
By registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!