St. Richard Parish
Finance Board- 2018
• Robert Barrows
• Beth Eagan
• Jim Sears - Chairman
• Sharon Thurston
The Finance Board works closely with Fr. Flannagan and the business manager to insure the financial well being of the Parish. This group with the support of the Parish Council approves the annual budget. Quarterly, the team reviews the progress we are making to our annual revenue and expense goals. Adjustments are made to running the Parish budget based upon the financial trends of St. Richard’s.
The annual budget for the Parish is around $600,000 and has been at this level for several years.
• Eighty-eight percent of our revenue comes from the offertory and grand annual program. The financial success of our Parish depends on your generous support.
• On the expense side of the budget, salaries and benefits account for half of our annual expenses. Religious education, plant and maintenance, and our commitment to helping others through the outreach program account for the balance of the budget.