Finance Council

Minutes of May 13, 2008

 
 
Members Present: Tom Halloran, Marty K. Zanotti, Mark Palko, Bob Pearl, Renee Estremera, Fr. Dave, and Dan Sage
 
Excused: Len Robare, Doug Hill and Jim Kavalec
 
Building Rental
A proposed lease for the school by The Positive Education Program was reviewed extensively. PEP would lease 17% of the school and would occasionally use the Bell Tower for staff and parent meetings. The use of the gym would have to be coordinated with the Day Care. The term of the lease will be limited to one year under current diocesan policy. PEP plans to spend about $300,000 to remodel and air condition the school. Details of the plan will continue to be negotiated during the coming weeks. The Bishop must approve the final lease.
 
Grounds Maintenance
Contracts were awarded to Lawnco and Husney Companies for landscaping services. The scope of the contracts were reduced in order to save some funds.
 
 
 
Parish Budget
 
Guidelines for the 08 – 09 budget include a 3 – 3.5% increase in all expenses except utilities. The natural gas increase will be 15%, electrical 10% , water and sewer by 6.5%. The estimated property tax increase will be 2%.
 
The various budget assumptions must be coordinated with the other parishes in our cluster. This will be accomplished through the Finance Subcommittee.
 
Next Finance Council meeting: Tuesday, June 10th at 7:00 p.m. in the Bell Tower.
 

                                                                                                                     

Tom Halloran

Chair

 

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