Embracing the Change in Financial Realities

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Embracing the Change in Financial Realities

• Moving from Routine
• to Responsibility

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AGENDA

• Welcome and Introductions
• Prayer
• Presentation
• Discussion
• Reporting
• Closing Prayer

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Welcome
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Prayer
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Moving from Routine to Responsibility

• Routine or Responsibility
• how am I living today?
• Each of us has many routines. Some are good, some
  arent.
• Routines help us get things done automatically
  without having to think.
• When we are responsible we are forced to think
  and to choose, beyond routine .

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Moving from Routine to Responsibility

• Share a story with the person next to you of a
  time when you acted out of routine (i.e.
  autopilot) and it caused a problem.
• How would making a conscious choice at that time
  change what happened?

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Being Responsible

• Being an adult means being responsible
• Growing up is learning to accept
• responsibility for our life and our choices
• Becoming a mature adult means accepting
  responsibility for every aspect of life
• relationships
• use of time
• choices
• use of talents and abilities
• money
• use of possessions

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PresentationFinancial Realities

• Parishes have many areas of expense
• Salaries and Benefits
• Continued dramatic increase in health care costs
• School Costs (if applicable)
• Rising utility costs property insurance
• Diocesan assessments
• Regular maintenance costs
• Major capital repairs and improvements
• (e.g. roof, furnace, parking lot)

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PresentationFinancial Realities

• To best understand the financial realities it
  will help to look at your own parishs most
  significant expenses.

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PresentationFinancial Realities

• Salary, health care, benefits
• Staff (Full time equivalents)
• School Subsidy(1) (if applicable) -
• Utility costs Property Insurance
• Assessment(2)
• Regular maintenance -
• Capital repairs -
• Office expenses -
• All other
• (e.g. taxes, activities, rectory expenses)

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PresentationFinancial Realities

• To best understand the financial realities it
  will ALSO help to look at your own parishs
  revenue.

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PresentationFinancial Realities

• Revenues
• The primary area of revenue is the Offertory
  Collection. Fundraisers can help, but never
  replace the Offertory Collection.

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PresentationFinancial Realities

• All the faithful are asked to prayerfully
• consider what God is asking of them to give.
• The guideline offered by the International
• Catholic Stewardship Conference is
• 5 of your income to your parish
• 1 to your diocesan appeal
• 4 to another favorite charity

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PresentationFinancial Realities

• Giving about 5 of your income looks like this
• income donation
• 20,000/yr 20/week
• 40,000/yr 40/week
• 60,000/yr 60/week
• 80,000/yr 80/week
• 100,000/yr 100/week

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PresentationFinancial Realities

• Actual Weekly Offertory
• National statistics show that Catholics are
  among the lowest givers, donating an average of
  1.2 of their income to their parish. If this
  statistic is true for your parish, offertory
  could increase 2-4 times this amount if everyone
  gave the 5 donation goal.

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PresentationFinancial Realities-Totals

• Parish Expenses
• School Expenses
• Total

• Parish Revenue
• School Revenue
• Total

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Discussion

• Share your thoughts with the
• person next to you
• How do you feel about the financial realities
  currentlyat your parish?
• What do you think can be done?

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Discussion

• We all have our own routines in giving. We
  have learned about the financial realities we
  face. What does it mean for us to be responsible
  for the financial stewardship of our parish?

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Reporting

• Summarize Table Discussions,
• sharing the most significant insights

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Take Home!

• Take home the Educational Documents that are part
  of the Parish Financial Realities Series.
• Use the Going Deeper Questions to help you
  reflect on the learning in each one.
• Share one or two things you learned with someone
  you talk with in the next few days.

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Closing PrayerGracious God,We are your people,
embraced by your love throughout all time.As a
community of faith, joined together in the
Catholic Diocese of Cleveland,We ask you to fill
us with new life.Liberate us from all that keeps
us from you. Heal us from every form of sin
and violence.Reconcile us so that enemies become
friends.Transform us to live your Word more
profoundly. Open us to appreciate your presence
in all ages, faiths and cultures.Awaken us to
the sacred nurture our relationships.Enliven
our parishes in the celebration and sharing of
gifts.Enable us to recreate our world and
restore justice. Fill us with joy to celebrate
the fullness of life. Empower us to be a
community of love, growing in your likeness.
Amen!