Finance

Parish Finance Council

Left to Right, Front Row: Ryan Schon, Mike Fitzpatrick, Shane Higgins Back Row: Aaron Shell, Fr. Larry Hoffmann, Wayne Johnson, Jim Roths Not Pictured: Kathy Johnson, Craig Oberreuter

Left to Right, Front Row: Ryan Schon, Mike Fitzpatrick, Shane Higgins
Back Row: Aaron Shell, Fr. Larry Hoffmann, Wayne Johnson, Jim Roths
Not Pictured: Kathy Johnson, Craig Oberreuter

Purpose

The St Luke’s Finance Council represents parishioners to assist the pastor in the financial matters of the parish. The Council focuses its work in several areas:

  • Ensures strong discipline by reviewing parish finances on a monthly and annual basis and approving any significant expenses
  • Aligns parish resources to advance the priorities of the parish and school by managing the annual budgeting process
  • Consults on facilities projects and fundraising needs to support those projects
  • Educates and communicates the finances of the parish to all parishioners.

The St. Luke’s Finance Council is made up of six to eight individuals appointed by the pastor to serve no more than two, three-year terms. One third of the terms expire each July-to-June fiscal year. Meetings are held on the 3rd Thursday of the month at 7:00pm.

Members

Fr. Larry Hoffmann
Ryan Schon (Chair, 1st term, 19)
Kathy Johnson (Trustee, Secretary, 2nd term, 18)
Wayne Johnson (Trustee, 2nd term, 19)
Michael Fitzpatrick (2nd term, 19)
Aaron Shell (1st term, 18)
Jim Roths (1st term, 19)
Craig Oberreuter (1st term, 19)
Kathy Lickteig (1st term, 20)

*(office, term, end of fiscal year term)

Contact Ryan Schon at 515-868-6214 or ryan@schonfamily.com with any questions.

Meeting Updates

July 2017

The Finance Council recently approved the purchase and installation of two portable buildings that will add four new multi-purpose rooms to support parish activities. In July the council approved the FY18 budget that includes expansion of the Faith Formation director to full time, our new associate pastor and two new school teachers. Increases in parish families, school enrollment and collections will fund this growth. The Finance Council will be increasing our communications about St. Luke’s financial status and direction in support of our parish mission. You should see more from us in the bulletin, on the web and occasionally at mass. Please let us know how we’re doing.
Ryan Schon, Chair ryan@schonfamily.com

August 2017

The new fiscal year that started July 1st is off to a good start. We are working on the parish’s annual report and cover letter which we’ll be publishing soon. Autopay has been updated. Attend mass at another parish when you travel, forget your checkbook, and leave your envelopes at home. Go to slte.org/autopay, complete the form for both collection and campaign gifts, and drop them off at the parish office. Last, the council initiated the very early stages of planning for our next capital campaign which will begin when the current campaign ends in June of 2018. This work coincides with the Phase 2 Committee’s work to identify the facilities needs of our growing parish and school. Pray for wisdom for all of us as we plan for the future growth of St Luke’s.

September 2017

The parish and school are both managing expenses very well early in this fiscal year. Overall revenues are strong due to prepaid tuition and capital campaign gifts. This early positive position is typical if we look at the past few years and usually balances out as we move through the fiscal/school year. Tithing collections are slightly ahead of last year but they will need to continue to grow to hit our annual budget. We reviewed a Request for Proposal for capital campaign firms to assist the parish in planning our next capital campaign starting in 2018. We will be interviewing and selecting a firm in October. And already in this 2nd month of the fiscal year we started discussing the budgeting process for FY19 which will begin over the next few months.