Pastor Contract by beg91717

VIEWS: 38 PAGES: 5

More Info
									                             CATHOLIC DIOCESE OF RALEIGH
                                   FINANCE COUNCIL
                        FINANCIAL DATA FOR PROPOSED PROJECT

PARISH NAME

ADDRESS

PASTOR/PASTORAL ADMINISTRATOR

DATE

DESCRIPTION OF PROJECT


FORECAST DATES:
CONSTRUCTION LET:                             CONSTRUCTION COMPLETE:

PROJECT COSTS:

Professional Services & Fees, Excluding Architect

Land

Architect

Site Preparation (if separate from construction)

Construction Contract

Cost per square foot

Furnishings

Contingency (10% of construction contract and site preparation, required)       -

Other (specify)

TOTAL                                                                       $       -
Current Indebtedness - Loans Outstanding



                                                                                               Date of Final
     Original Amount                Purpose             Monthly Payment     Current Balance     Payment




Describe any Fund Raising Programs conducted within the past ten years. Include building campaigns, school
endowments or other.
                                              FIVE YEAR PARISH FINANCIAL HISTORY
                                                         YEAR END              YEAR END              YEAR END              YEAR END              YEAR END


Number of Families
Offertory per Family                                       #DIV/0!               #DIV/0!               #DIV/0!               #DIV/0!              #DIV/0!


OPERATING INCOME
Offertory
Other Ongoing Operating Income
TOTAL OPERATING INCOME                                               -                     -                     -                     -                    -


OPERATING EXPENSE
Payroll Related
All other Operating Expenses
TOTAL ORDINARY EXPENSES                                              -                     -                     -                     -                    -


OPERATING SURPLUS/(DEFICIT)                                          -                     -                     -                     -                    -




                                          FIVE YEAR PARISH FINANCIAL PROJECTION
                                                         YEAR END              YEAR END              YEAR END              YEAR END              YEAR END


Number of Families
Offertory per Family                                       #DIV/0!               #DIV/0!               #DIV/0!               #DIV/0!              #DIV/0!


OPERATING INCOME
Offertory
Other Ongoing Operating Income
TOTAL OPERATING INCOME                                               -                     -                     -                     -                    -


OPERATING EXPENSE
Payroll Related
All other Operating Expenses
TOTAL OPERATING EXPENSES                                             -                     -                     -                     -                    -


OPERATING SURPLUS/(DEFICIT)                                          -                     -                     -                     -                    -
Pledges/Special Collections/Grants
Surplus/(Deficit) Available for New Loans                            -                     -                     -                     -                    -


For Staff Use Only:
New Loan Analysis
Annual Debt Service of Principal + Interest
 (amortization of requested loan)


Available Surplus from above should service annual monthly loan payments

Note: Principal payments are actually recorded to non-operating expense, the purpose of this exercise is to ensure projected surplus is enough

      to cover new loans
   A.     Unrestricted Funds on hand now

   B.     Unrestricted Funds expected to be on hand at start of construction

   C.     Restricted building funds on hand now (pledge income)

   D.     Restricted Building Campaign funds collected before construction

   E.     Total Down payment available (add rows A-D)

    F.    One third of Total Project Costs

   G.     Restricted Building Campaign funds collected after construction

          Loan requested
          Projected annual loan repayment, principle + interest
          Expected loan interest rate (Diocesan variable rate)
          Loan term ( 15 years maximum)
          Debt per family (total debt to be borrowed/families - when debt is drawn


Reviewed and approved:




Finance Council Chairperson (signature):


Finance Council Chairperson (print name):


Pastoral Council Chairperson (signature):


Pastoral Council Chairperson (print name):


Pastor/Pastoral Administrator (signature):


Pastor/Pastoral Administrator (print name):
                                                                     CASH FLOW PROJECTION (IN THOUSAND DOLLARS)
                                                               (Do not use decimals. State amonts to nearest whole thosand dollars.)


             1        2         3               4              5              6              7             9             10                  11            14       15           16            17

                                                                                                                                               Ending                              Ending
                                                                                   Pledge                                                      Balance          Long Term            Cash
                                    Beginning                                     Payments                  Long Term      Payments            Before       Interest Principal     Balance
             Fiscal                   Cash          Ordinary       Ordinary        & Other        Second       New            for             New loan      on new      on        After Loan         Loan
             Year         Qtr        Balance        Income         Expenses        Income        Collection Borrowings      Projects          Payments       Loan     Loans       Payments          Balance
             03/04         3                                                                                                                           0                                   0
                           4                0              0              0                                                                            0                                   0              0
             04/05         1                0                                           0                                                              0                                   0              0
                           2                0              0              0             0                                                              0                                   0              0
                           3                0              0              0             0                                                              0                                   0              0
                           4                0              0              0             0                                                              0                                   0              0
             05/06         1                0                                           0                                                              0                                   0              0
                           2                0              0              0             0                                                              0                                   0              0
                           3                0              0              0             0                                                              0                                   0              0
                           4                0              0              0             0                                                              0                                   0              0
             06/07         1                0                                           0                                                              0                                   0              0
                           2                0              0              0             0                                                              0                                   0              0
                           3                0              0              0             0                                                              0                                   0              0
                           4                0              0              0             0                                                              0                                   0              0
             07/08         1                0                                           0                                                              0                                   0              0
                           2                0              0              0             0                                                              0                                   0              0
                           3                0              0              0                                                                            0                                   0              0
                           4                0              0              0                                                                            0                                   0              0
             08/09         1                0              0              0                                                                            0                                   0              0
                           2                0              0              0                                                                            0                                   0              0
                           3                0              0              0                                                                            0                                   0              0
                           4                0              0              0                                                                            0                                   0              0
             09/10         1                0              0              0                                                                            0                                   0              0
                           2                0              0              0                                                                            0                                   0              0
                           3                0              0              0                                                                            0                                   0              0
                           4                0              0              0                                                                            0                                   0              0
             10/11         1                0              0              0                                                                            0                                   0              0
                           2                0              0              0                                                                            0                                   0              0
                           3                0              0              0                                                                            0                                   0              0
                           4                0              0              0                                                                            0                                   0              0
             11/12         1                0              0              0                                                                            0                                   0              0
                           2                0              0              0                                                                            0                                   0              0
                           3                0              0              0                                                                            0                                   0              0
                           4                0              0              0                                                                            0                                   0              0
                                            0              0              0                                                                            0                                   0

                                Sub-totals                                              0                           0                    0
                                                                                                                         Total Project


8304bf38-6158-4cf4-ae5a-ee77d0d4dc15.xls Cash Flow 9:01 PM 3/4/2011

								
To top