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Faithful Futures: Parochial Reports

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The Commons

290 Pratt Street

Meriden, CT 06450

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Are you ready to ace Parochial Reports 101?

We held a series of meetings early in 2017 to share tips about completing Parochial Reports. Several meetings were in the morning and several were in the evening to provide scheduling flexibility for both lay leaders and parish staff. We got great feedback that attendees all learned something new and that the experience was totally not awful. Many attendees said that they actually had fun. They seemed to mean it, but maybe they were just trying to be nice.

The truth is that it is not obvious how parish financials should be reported on Parochial Reports.

  • There is little understanding about which revenues and expenses are “operating” and which are “non-operating”

  • There is considerable misunderstanding about where respondents should get financial information needed to complete the report.

Because of confusion and misunderstanding, Parochial Reports often convey an incorrect picture of parish financials. In many cases, reporting mistakes and missed opportunities result in higher-than-necessary Common Mission Support obligations.

Parochial Reports are due on March 1st, and no revisions to Parochial Reports can be accepted after June 1st when we begin budgeting for the next year. It makes sense therefore to prepare your Parochial Reports early in the year equipped with good understanding of the reporting framework.

To help you do all these things, we will again be holding four Parochial Reports 101 sessions in January and early February. We will hold evening sessions (6:00 – 7:30 PM) on January 4th and February 6th and morning sessions (10:00 – 11:30 AM) on January 16th and January 29th. These sessions work best when attendees have the opportunity to ask specific questions about their parishes, and attendees are encouraged to bring income statements and balance sheets so we can tailor our answers to the reporting frameworks parishes use. As a result, we urge you to sign up for the time slots you want by clicking on "Select a Date," as we can support a maximum of 15 attendees at each of these sessions.

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The Commons

290 Pratt Street

Meriden, CT 06450

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