• Finance Council Meeting Minutes: Tuesday, August 19, 2014
   
  Present: Robert Twist, Wayne Rickert, Bill Richer, Ron Wedding, Fr. Dan Noll, Tony Pescatore, Cheryl Gatzmer, David Gadberry, Scott King, Walter Leachman, Joe Beavin, Calvin Schneider, Paul Ferrell
   
  Not Present:, Becky Brown, Donald Vittitow, Brian Weldon, John Tibe, Michael Carpenter, Frank Hsu, Martha Casher, Fr. Miguel
   
  Meeting commenced at 7:30 am.

  • Parish Meeting Prayer – Gospel reading from Matthew 15: 21-28

   

  • Father Dan reserved his comments for later throughout the meeting.

  • Approval of the June 17, 2014 Minutes – David made a motion to approve, Cheryl seconded.  Minutes approved.

  • Finance Committee Reports:

  1. Budget Committee – A final overview of the budget for FYE 2015 dated 6 24 14 was provided to the Finance Council.  Key budget assumptions, along with key initiatives linked to use of restricted funds were provided.  Per Scott, the proposed changes to the budget were made as a recommendation to Fr. Dan. 

  2. Financial Planning & Development – Rob will provide an update to the model and present at the September meeting. 

  3. Facilities & Maintenance Perfection Report/Grant/Contract Discussion – Cheryl gave an update on the Energy Conservation project - school gym is complete and the school controls are mostly complete.  The lighting will be a concentration in September.  There is a parish wide yard clean up day on Sept 20th. 

  4. Governance – The terms of service and positions were verified and the Council will continue to meet on Tuesday's and review again in January since Tony will have conflicts at that time.

  5. School Finance – Enrollment is currently 412 versus a budget of 400.

       6.  Parish Financial Pledge info update – The month end pledge status letters continue to be sent. 
   
  Year End Financial Report – The year end fiscal report to parishioners was presented.  The pie chart with Profit and Loss information including pertinent comments was reviewed.  Consensus was reached on a chart.  Fr. Dan will offer the chart for discussion at the Parish Council meeting before deciding to move forward for publication.
   
  Diocesan Bond schedule and changes in financials – The Diocese is forming committees with each affected parish/school.  Frank Hsu will join the committee with Fr. Dan, Becky and Walter.  Also, the Diocese has told Mary Queen to move the school plant and bond to the school Quickbooks.
   
  Kroger card program – The changes to the program were discussed and how they affect the non-profits.  The Kroger plus card will be advertised to parishioners and school.  The school will now handle the program.
   
  Planned Giving – Mary Queen Legacy Society response cards were sent to those who attended the June meeting.  Responses have been slow.
   
  Webinar - A Pastoral Planning Mission and Maintenance webinar will be held on 8/21 for anyone to participate.  Andrew Salsman and Walter will attend.
   
  Cornelia Nash Scholarship Fund – The Board of Trustees are planning a fundraising program in November.
   
  Festival 9/12-13/14 – There will not be a live auction this year, and lesser silent auction items.  The goal is to net $75K, which will provide a challenge.  The carnival rides did not materialize.
   
  June year end and July month-end/Variance reports – The reports were provided and any questions, please contact Walter.
   
              Next Meeting – Tuesday, September 16, 2014 at 7:30 AM.
   
  Meeting adjourned at 9:12 am.
   

  last updated 11/06/2014 jm