Our Lady of the Snows

Statement of Income and Expenses

Fiscal years end on May 31 of the specified year.

Table 1: Income

Source	FY-2001	FY-2002
Sunday and Holy Day collections	27,464	32,475
Fuel Collection	248	0
Profit from St. Patrick's Day Dinner	295	0
Interest Income	257	95
Rent Income	8,940	8,720
Bishop Fund Rebate	1,942	1,441
Self Insurance Rebate	821	815
Donations	3,150	4,770
Bulletin advertising (half)	1,150	1,200
Vermont Catholic Tribune	42	48
Renovation Collection	850	0
Donations for flowers	343	455
Funerals, Weddings	350	350
Total Income	45,852	50,369

Table 2: Expenses

Function	FY-2001	FY-2002
Priest Expense	5,384	5,613
Christmas Bonus	321	384
Diocesan Support	321	384
Priest Benefit Fund	1,766	2,088
Liturgical Expenses (Mass Supplies, Bulletins, Missalettes flowers, etc.)	2,819	2,292
Donations	125	100
Bookkeeping/Secretarial Services	2,896	2,926
Diocesan Assessment	1,766	2,088
Vermont Catholic Tribune	330	396
Miscellaneous office expenses	737	584
Catholic School Subsidies	0	200
Congresses, workshops, camps	175	0
Religious Education	87	127
Hospital Ministry	195	240
Church (See Table 3)	11,306	14,081
Parish Hall (See Table 4)	11,925	7,897
Miscellaneous Grounds (See Table 5)	7,193	4,907
Total Expenses	47,346	44,307
Net Income (Loss)	(1,494)	6,062

Table 3: Church Building Expenses

Expenditure	FY-2001	FY-2002
Repairs and Maintenance	1,029	3,392
Extraordinary Expense (replaced fuel tank)	1,325	0
Fuel (40 percent of total)	2,231	2,434
Electricity (40 percent of total)	870	1,015
Insurance	4,056	4,278
Cleaning	1,795	2,120
Telephone (installed 8/01)		842
Total	11,306	14,081

Table 4: Founder's Hall Building Expenses

Expenditure	FY-2001	FY-2002
Repairs and Maintenance	1,677	2,786
Extraordinary Repair (excavation work)	3,612	0
Fuel (60 percent of total)	3,421	1,583
Electricity (60 percent of total)	1,314	1,523
Insurance	1,901	2,005
Total	11,925	7,897

Table 5: Unallocated Property Expenditures

Expenditure	FY-2001	FY-2002
Snow Removal/Salting	4,871	2,148
Lawn Mowing	2,183	1,583
Other Miscellaneous grounds work	139	1,176
Total	7,193	4,907

Table 6: Ending Account Balances

Account	FY-2001	FY-2002
Checking Account	4,374	2,341
Passbook Savings Account	11,937	20,032
Total	16,311	22,373