Dear Faith Family of San Agustín,

Now almost fifteen months here as pastor of this wonderful community of San Agustín, I present to you the financial report for the fiscal year ending August 2020. I am deeply grateful for your generous support and investment in our parish during this challenging year with COVID-19. The budget for this past year was prepared by Father John and our Finance Council and I worked prudently to ensure that all parish expenses were paid, ministries and staff supported with a large amount going to much needed deferred building and grounds maintenance. We ended our financial year with a loss of $6,034. It was a tremendous help that our parishioners were so supportive with our AMA this year. With almost $104,000 collected, $18,400 went to the diocese and the rest stayed with our parish. We were able to use that money for repairs and refurbishments and deferred maintenance at the parish. For the coming year, we sadly have had to reduce payroll and staff hours in addition to other cost saving measures.

My sincere thanks for continued support and generosity. May God continue to bless our faith community, strengthen our relationship with God and each other. We look forward to better days ahead when we can all gather together as a community.

~ Fr. Seamus O’Brien, Pastor

SAN AGUSTIN CHURCH
FINANCIAL STATEMENT FOR THE FISCAL YEAR
SEPTEMBER 1, 2019 THROUGH AUGUST 31, 2020

GENERAL PARISH CONTRIBUTIONS:

Plate Collections……………………………….........................………………………………………… $256,515
AMA Campaign……………………….......…….........................…………………………………………… 85,721
Sacrament/Services……………………..........................………………………………………………… 10,520
Special Donations……………………….........................……………...………………………………….. 69,415
Fundraising……………………………………………....................................………………………………… 8,772
Interest Income…………………………………….......……….........................…………………………….. 3,832
TOTAL GENERAL PARISH CONTRIBUTIONS…….........................…………. $434,775

EXPENSES SUPPORTING MINISTRIES:

Salaries, Payroll Taxes, Health Insurance and Pensions………………………………… $216,894
Office expenses including supplies, equipment, postage, computers…......……… 19,029
Worship, Faith Formation, Religious Education, and Substitute Priests…..……... 11,778
Church supplies and expenses…………………………………….......................……………………… 10,458
Telephone, utilities, garbage, property taxes……………………………..............……………….. 31,609
Building maintenance and repair, landscaping and janitorial supplies…………… .. 95,328
Liability Insurance……………………………………………..................................………………………….. 15,211
Parish Assessment paid to Diocese……………………....................…………………………………. 31,157
Fundraising expenses (Tithing, St. Patricks and Fiesta) ………….........……………………… 7,379
Music, retreats and workshops………………………………….........................………………………... 1,966
TOTAL EXPENSES SUPPORTING MINISTRIES………………................………… $440,809

NET OPERATING LOSS …………………………….............…………………………............ -$6,034