Father Farrell's Remarks Regarding the Trinity Campaign
A NOTE FROM THE PASTOR: January 22, 2017
When St. Leo and OLC were merged, both parishes were in deficit
spending. Most mergers involve a large parish with a smaller one. Our
situation, however, creates a special challenge. In order to attain financial
solvency we have undertaken the Trinity campaign, bingo and a
hall rental program. We are always looking for ways to cut expenses.
We will be selling other buildings, but most of that money will go to the
diocese to pay off our debt.
A NOTE FROM THE PASTOR: January 29, 2017
The question often asked is why the St. Leo worship site is still being
used for Sunday worship. From a strictly financial point of view, the
collection exceeds the expenses by about $30,000 dollars. Our business
manager, John Duffner, has demonstrated this for the three years
since the merger. This explains why St. Leo has remained in use until
now. That source of income would be a risk if there would be a reduction
in the use of St. Leo unless everyone were accepting of the move
of the Sunday worship to Our Lady of Consolation.
A NOTE FROM THE PASTOR: February 5, 2017
One question I hear asked is should we “close St. Leo”. This is a somewhat
misleading question. The process is called relegating a Church to
Profane but not Sordid Use. This would entail a lengthy procedure involving
the Archbishop, the Council of Priests and perhaps Rome. Parishioners
must be notified and those with rights must be heard and/or
give consent. The Diocese is not anxious to get involved in such cases
except in the most obvious ones. The more immediate question is
whether we move all Sunday worship to OLC leaving St. Leo open for
wedding, funerals and special events.
A NOTE FROM THE PASTOR: February 12, 2017
Our parish is in the process of selling the OLC School Building. At the moment the proposed buyers who are running a Headstart Program have an agreement of sale on the table. However, due to title insurance issues on the school property, the proposed settlement date of March 15th will be postponed until the issues are resolved. In the meantime we will be leasing space to them on a month to month basis. As far as St. Leo Convent, a subdivision has been done on the property. As soon as the deed is recorded, we can officially put it up for sale. However, we have a buyer who has shown interest, so we will see how that goes.
A NOTE FROM THE PASTOR: February 19, 2017
When St. Leo School was sold in 2008, it created a trust fund of about $1.2 million. It now stands at $713,286. The money used has gone to repairs and maintenance of our buildings. The Archdiocese no longer wants to handle such funds. Thus, this money will be transferred to us and we will be responsible for its stewardship. The first installment of 20% will be coming before March 1.
A NOTE FROM THE PASTOR: February 26 and March 5th, 2017 (Correction)
Our Lady of Consolation Profit & Loss - 2016 Calendar Year vs. 2015 Calendar Year
41000 - TOTAL CHURCH OPERATING INCOME
41199 - Total Ordinary Income
41110 - Sunday Collection for Parish Use
|41110.1 - OLC Sunday Collection
||- 5.17% (-11,881.20)
|41110.2 - St. Leo Sunday Collection
||- 6.28% (- 3,849.00)
|41110.3 - Spanish Mass Collection
|41110.4 - Latin Mass Collection
|TOTAL - 41110- Sunday Collection for Parish Use
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