Father's Corner

Father O'Toole's Corner

Parish Financial Report

It is the responsibility of every pastor along with his finance committee to provide the faithful an accurate report of the stewardship of the gifts that have been shared with the parish.  I am fortunate to serve St. Margaret of Scotland for many reasons, but with regards to our fiscal performance I am particularly grateful.  Here you will find an accounting of the monetary gifts to St. Margaret and the distribution of our services as well as maintenance of our facilities and operations.  As we move into an ambitious phase of our history with the construction of a new school building, I am confident that the parishioners and friends of St. Margaret – by the grace of God – will continue to support and sustain all the good work we do in Jesus’ Name.

Attached to this article you will find a copy of the eight page document provided in church on the weekend of September 27 / 28.

Hopefully, the information should speak for itself, but there are a few salient points I would like to note. While St. Margaret grows in population, the contributions to the parish likewise are keeping a steady positive pace.  Nevertheless, new challenges to this growth require us to increase our staff so we may provide effective pastoral service as well as efficient management.  Personnel costs are our biggest expense.  The addition this year of a Coordinator of Faith Formation and a Director of Development will be valuable investments. I know their work will provide wonderful dividends both spiritual and material.

I also note an impressive accomplishment that happened earlier this year.  Over the course of a few months St. Margaret almost simultaneously launched a major capital campaign, held its regular Spring Appeal, and conducted the Annual Catholic Appeal (ACA).  I am proud to say that you responded favorably and generously to all – at the same time!  Our “Faith in Our Future” campaign raised over $2 million in pledges, our Spring Appeal excelled, and for a third year in a row we surpassed the ACA challenge goal the Archdiocese set for St. Margaret.  Wow!  That’s incredible!

Thank you for your financial contributions.  You help keep our parish family holy, healthy and happy!

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  • Parish Financial Report