Christ Church Cathedral Account-Ability Report
as at August 31, 2017

Accountability Report

Income:

YTD Offering Compared to Budget:

2017 Parish Giving Total (Jan-Jul)                        $506,078
2017 Parish Giving Budget (Jan-Jul)                       521,685
Difference                                                                      -15,607

YTD Offering Compared to Previous Year:

2017 Parish Giving Total (Jan-Jul)                        $506,078
2016 Parish Giving Total (Jan-Jul)                          462,677
Difference                                                                      43,401

Income Fast Facts:

  1. Parishioner offering tracking 10% below budget.
  2. Visitor offering is $16,118 above budget and non-receipted offering for services and Narthex is 30% above budget.
  3. Total Parish Giving for this period in 2017 is tracking 8.5% ahead of 2016.
  4. Total Income (including Building Use Donations, Weddings etc.) is tracking 3% below budget at ($17,128).

Expenses:

YTD Expenses Compared to Budget:

2017 Parish Expenses Total (Jan-Jul)                    $906,465
2017 Parish Expenses Budget (Jan-Jul)                   948,286 
Difference                                                                       -41,821

 

Expense Fast Fact:

  1. Parish expenses are tracking 4% below budget.

Surplus/(Deficit) of Parish income before capital grants:

Actual YTD (Jan-Jul)                                            $-319,726
Budget YTD (Jan-Jul)                                             -344,418
Difference                                                                   24,692

Did You Know? – A Cathedral Financial Fun Fact

A group of dedicated volunteers, our Narthex Greeters, welcome guests visiting the Cathedral Monday through Friday from 10am until 4pm.  Did you know that in 2017 the highest deposit for a week of offering in the Narthex was $1,117 compared to a high of $744 in 2016?

That is a Cathedral Financial Fun Fact.