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Evansville, Indiana
February 18, 1994     The Message
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February 18, 1994
 

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Diocese i ss A letter from Bishop Gettelfinger February 15, 1994 Dear Sisters and Brothers in Christ, THE ADMINI CATHOLIC DIE Today we present to you a report of our stewardship for the fiscal year which ended on August 31, 1993. There are three components to this report: 1) Combined statement of support and revenue, 2) Combined balance sheet and 3) Consolidated statement of parish financial activity. The report of diocesan financial activity has been audited for the fiscal year ending August 31, 1993. The full audited report is available for review during office hours at the Catholic Center. We are called to be good stewards of God's gifts to us. These include the spiritual gifts with which we have been endowed with the sacraments of initiation. We must be every vigilant not only in protecting these gifts of grace, but to reflect them in the conduct of our daily lives. Our diocese is also gifted with very rich human resources. In preparing for the Synod held last November, I was overwhelmed with the wealth of talent shared by our members. It was especially re- assuring to see the generosity with which so many stepped forward to insure that our Synod reflected the live of our Church for the present and looking into the future. Our parishes continue to be responsible stewards of the facilities by the care given them. I am in- spired by the beauty of our parishes as places for our people to gather in community and worship. The depth of faith is evident in your ongoing efforts to maintain these marvelous resources. As the spiritual health of our parishes is obvious in the expressions of faith and the care of parish plants, the financial stability is clear from the consolidated statement of parish financial activity dur- ing the past fiscal year. Financially healthy parishes join together to make our diocese healthy. Shared financial resources make it possible for us to work together to carry on the broad mission of the church, a task that individual parishes alone cannot do. The combined statement of support and revenue along with the combined balance sheet is my of- ficial way of being accountable to you for my obligation of the stewardship for financial resources with which I have been entrusted. In the past fiscal year our treasurer's office has expended much time and energy in generating a calendar for budget development that is integrated with an annual planning cycle. Although it was only put in place at the beginning of the current fiscal year, I am confident that it will help us to be even better stewards of diocesan resources including facilities, finance and human. ! rejoice with gratitude to all of you for being good stewards of God's gifts in your parish commu- nities and in your response to diocesan needs. Although not reflected in these documents, you are also to be commended for the generosity with which you give alms in your care for others for which you re- ceive no visible return. Please continue in that same spirit of generous sharing. May the Lord bless each and every one of you during this most sacred season of Lent. May our recognition of our heritage into which we have been initiated in the Sacraments of Baptism, Confir- mation and Holy Eucharist be ever more the driving forces in our lives. May we experience God's gift of peace as the first fruits of our efforts for justice. Faithfully and gratefully yours in Christ, Most Revere ettelfinger Bishop 5-f Evansville Interest income 13% Diocesan Support and Revenue Other -- 8% ADA (now CPC) 39% Fees 36% Bequests and donations -- 4% II Diocesan Interest expense 6% Lay employee retirement plan w 8% Diocesan Expenses Other -- 6% Diocesan offices 35% Subsidies to diocesan entities 11% Combined Statement Expenses, Capital For the Year Ended, SUPPORT AND REVENUE: Catholic communi:ty support: Annual Diocesan Appeal (Asses Bequests and donations Fees: Property & liability insurance Clergy medical plan Lay medical plan Service fees: Newspaper ................................ Catholic Center ........................... . ..... Tribunal .......... : .................................... "":.,.: Media center ..................................... ' ...... Programs ............................... Interest income: Parishes .................................. Investments ............................... . ........... Institutions .................................... Dividend income ................................ Net gain on investment and ma security transactions ......................... Miscellaneous revenue EXPENSES: .... , Chancery ......................................... '"' . Catholic center and other operation ...... Administrative support. ...... .. ............. :'! Newspaper/communications. Education ............................................ '".::: Tribunal ..................................... ..... ' ..... i .... Office of Worship ................................ ;,;i. Vocation office ................................... '...,. Ministry to Priests ............................ !iii,'. Development ..................................... ..,., Youth ministries .................................. Other ....................................................... Subsidies to Diocesan entities: Catholic Charities .......................... Memorial and Mater Dei High S, Newman Centers (campus ml . St. John s Pansh ....................... ... Christian sharing ............................... Other ........................................ Other Expenses: Lay employee retirement plan Property and liability insurance Clergy medical plan Lay medical plan Other clergy salaries & expenses '"'", Interest expense: Parishes ....................................... :'"' Institutions Other ..................................... Capital improvements & furniture : EXCESS OF REVENUE OVER ExPEN CAPITAL ADDITIONS AND 13 Contributions, net ....................... Distributions from restricted EXCESS OF REVENUE OVER EXPENSES AFTER CAPITAL ADDITIONS .......... FUND BALANCE, BEGINNING oF Increase in unrealized loss on equity securities ....................... " FUND BALANCE, END OF YEAR ...... / .:i ??