SAINT ANN'S PARISH Income & Expenses for Regular Parish Operations Fiscal Year 2005 July 1, 2004 - June 30, 2005
PARISH INCOME:		Actual	Totals
Offertory Collections* Flowers & Sacramental Offerings Gifts & Bequests Preschool Revenues*** Religious Education Revenues** Adult Religious Education Revenues Other Income (Interest, Misc donations)		277,544 13,100 15,000 36,429 27,810 1,800 507
Total Operating Income			$ 369,190
PARISH EXPENSES:
Church Expenses Rectory Expenses Religious Education Expenses** Adult Religious Education Pre-school Expenses*** Other Obligations		233,639 16,842 51,556 740 37,045
	Cathedraticum**** Catholic School Assessment**** Diocesan Sponsored Collections****	3,400 15,485 14,119
Total Operating Expenses			$ 372,826
Net Operating surplus/deficit (Inc - Exp)			$ (3,636)
Notes & Highlights: * The Offertory Collection is a combination of what is contributed by the members of the parish participating in the Offertory Awareness Program as well as contributions received weekly in the collections taken up at each Mass. ** Revenues generated by the Religious Education program in FY05 funded approximately 54% of this program's actual cost. The remainder of these costs were funded by the Parish's Offertory Collections. *** The Parish's Pre-school program operates solely from the revenues generated by tuition fees paid by parents with children in this program. **** Cathedraticum is the amount contributed by the parish for the operating budget of the Archbishop of Boston. The Catholic School Assessment is the amount the parish is expected to contribute towards the cost of catholic school education provided by other parishes. With the offertory awareness program we suspended the practice of having separate collections for each of the special collections sponsored by the Diocese, however our obligation to participate in these collections as a parish continues.