Diocesan Pastoral Council May 2012 1
• Generate cash and Increase revenue – Planned Giving - introduction to parishes- • see Director of Stewardship- Kit Parker – Increased Offering program has been successful • Establishment of a new diocesan foundation • Reallocation of cash for evangelization growth – Address survey results and make changes • Cost Reduction – Selling excess property – Continued investment in technology – Implementation of the downtown facilities strategy – Implementation of the new accounting software system – Implementation new parish reporting system 2
• Evaluate parish assessments – School assessment is decreasing – Clerical assessment reduced from 4% to 2% for next year – Funding for central administration expenses- 1% n ew • Net reduction of 1% • Reinvest in parishes – McDevitt Grants – Business reviews – Consolidated purchasing- leverage Diocesan buying power 3
2010 2011 Total Revenue $ 49.6 Million $ 51.9 Million Operational Expenses $ 44.5 $ 46.6 Operational Surplus $ 5.1 $ 5.3 Parish School investment $ 1.5 $ 1.3 Diocesan School assess. $ 6.7 $ 6.6 Clerical Assessment $ 2.0 $ 2.0 Deficit ( $ 5.1) ( $ 4.6) 4
• Mission driven Ministries – Continue to develop metrics to measure all ministries to ensure they are effectively meeting the goals and objectives of the Diocese • Begin to re-invest in the Diocese – Downtown Properties – Catholic TV equipment – Catholic Sun Technology – Christ the King Retrea t • Allow Parishes to re-invest in themselves – Reduce assessments – McDevitt Grants – Help reduce Operational costs- global purchasing/vendor consolidation 5
• Develop Support Programs for the Parishes – Centralized Payroll Processing – Facilities Management • Gas and Electric buying consolidation – Vendor consolidation and purchasing leverage • Office supplies – IT Support Services/training – Business Operational audits • Improve Productivity & increase efficie ncies – New Phone system – New Diocesan Accounting system – New Parish Reporting system – Training on technology 6
• Strengthen the organizational structure and controls – Continue to move from silo driven structure to team based across the departments through communication meetings and integrated action programs – Continue the discussion on management accountability • Use the Performance Appraisal’s to develop program’s to set objectives and improve organizational and personnel performance in the diocese – Continue to monitor the new Fraud policy 7
• Continued team effort between the Chancery and the parish – Solving problems together • Strong Internal Controls over cash • Catholic Sun – 50% of parishioners – Paid by the parish or individual • Christ The King Retreat – Use at least 2 times year • Every parish should have a facilities plan – Set money aside to address the needs 8
• Review and understand the financial statements • Review investments and watch the fees- they can kill you • Look at what you are buying and where there is an opportunity to do consolidated purchasing – Use the Diocesan purchasing programs to reduce cost – Provide recommendations for leverage buying opportunities 9
Questions 10
Recommend
More recommend
