March 15, 2012
Church Basement, 7:00 PM
Fr. Jerry Brittain (came late), David Beine, Don Felix, Mike Melaney, Tom Weber, Jack Daniels, Kathryn Fisher-Davies, Mark Blau and Mary Yahr.
Meeting Called to order: 7:00 PM
1. February Finance Committee Meeting Minutes
Motion to approve February 2012 Meeting Minutes by Mark Blau; seconded by
Don Felix. Motion Approved.
2. February 2012 Financial Statements Review
a. Reviewed P&L Statement
i. Weekly envelopes through 2/26/12: shortfall of <$32,982>
(Budget $752,595 vs. Actual $719,613)
ii. Salaries/FICA – ~$60,239 budget favorable.
b. No significant balance sheet items noted.
3. Property and Grounds
a. Accepted Bid for Convent Garage Roof @ $9,000
b. Bell Tower and Carport Entrance work being considered.
4. Audit Committee update – 2009 Audit
a. A meeting is being set to review submitted procedures on “handling cash”
5. 2011/12 Annual Archdiocese Audit
a. Need to send response to questions
6. Bank Comparison/Selection
Dave Beine asked for the bank fee comparison to be presented at the April meeting and to include Chase Bank.
7. Motion to Adjourn by Katherine Fisher-Davies; Seconded by Tom Weber, Motion Approved
Adjourned: 7:30 pm
Respectfully submitted by: Jack Daniels
Presentation of Budget (2012 – 2013) to Parish Council
Jack then presented to the Parish Council the Parish Budget. Finance Committee members were invited to stay for the presentation. The Budget was approved by the Parish