Diocesan Budget Changes 2009

We all know how dire the economic situation has been in the past several months. As a result, we will be required to make some changes to our diocesan budget. We feel that it is in the best interests of transparency and accountability to publically acknowledge that we must do whatever is practical to insure financial stability. We are entrusted to be good stewards of the donations we have received for the operation of the Church, thus the following will take effect at the Chancery immediately (note – these do not affect parishes or other organizations):

• There is a freeze on any personnel hiring.
  
• There will be no pay increases for 2009.
  
• Any purchases over $500.00 must have prior approval from the Bishop’s Office and the Finance Office.
  
• There will be no travel outside the diocese (conventions, workshops, etc) unless arrangements have been already paid for, or unless they are covered by outside sources (grants, scholarships, etc.).

I understand that these changes will have an effect on all of us, but I ask your patience and prayers as we struggle to cope with the economic hardships that many are facing. The Church should be a leader in prudent and responsible management for the funds entrusted to us. I encourage everyone at the parish level to also evaluate their budgets and take any appropriate steps to exercise responsible stewardship.

- Deacon James P. Hoy, Diocesan Director of Budget and Finance