I want to explain the General Collections line in the bulletin that could lead you to conclude we are running an operating deficit. Last week’s bulletin recorded that as of November 3rd our actual operating collections were $824,143. It also stated that our projected costs were $880,000, thus indicating a deficit of $55,857. We based our operating expenses on a budgeted amount of $20,000.00 a week. However, we have been able to keep our expenses well below that figure. When we look at the actual numbers to the end of October 2019, our operating income totaled $816,772 and expenses were $744,356. Therefore, as of October 31, 2019 we had an operating surplus of $72,415.

I am calling an Annual Meeting for Wednesday evening, January 29th at 7:45 PM. This will be a time to report on the 2019 Financial Statement, present the 2020 budget and celebrate what 2019 meant for St. Peter’s. There will be good news stories to share about the year that had passed and time to talk about plans for 2020.