Minutes

Terry opened the meeting at 5:00pm.

Fr. Raj began the meeting with a prayer.

Present: Terry Brennan, Brad DeSaye, Keoni Murphy, Bob Dressler, Eileen Grant, Anne Welborn

Absent:  Bill Jacobs

Staff: Fr. Raj, Jim Wren, Donna Maneely, Rory Endrizzi, Mike King

  Minutes Approval:

• Eileen motioned to approve the January meeting minutes; Bob seconded it; approved.

  Financial Statements:

• Anne asked if the Valley of Sun Preschool scholarship is available to the school. It is only for the Preschool.
• Anne motioned to approve the January Financials; Eileen seconded the motion; motion approved.

  Bank Statement Approval:

• Bob reviewed the January bank reconciliation; no discrepancies noted.

Mike King presentation:

• Mike King gave a presentation on the That Man Is You ministry (TMIY).
• Mike and Al Caccavale started TMIY to address the lack of parental support in the Youth Ministry program and to create an open-door men’s ministry at the church. They were hoping to appeal to young fathers to come to the group to strengthen their faith and families. They have thirty-three men on their active roster.
• TMIY meets on Saturday mornings; two semesters a year. They are completing their third year with this Spring semester. Meetings consist of social time, a video and breakout session. Attendees enjoy the camaraderie, supportive environment, sharing and enlightenment. It has positively changed the lives of the men in this parish.

Pastor’s Report:

• The Lenten Mission with Fr. Paulson concluded yesterday (February 27). It was well received.
• During Lent, Mass is offered Monday-Thursday at 5:30pm. Confession will be offered on March 22^nd from 4-6pm and March 27^th from 3-5pm.
• The Youth Ministry ceviche dinner is Friday, March 22^nd.
• The school’s spring musical is on Friday, March 22^nd.
• The Anointing Mass is March 16^th at 11am. An anointing is also available after the 9am Mass each Sunday.
• A Lenten prayer reflection with Fr. Amalraj is March 18^th at 10am and 6pm in the church.
• Holy Week is approaching; it is our busiest time of the year.
• First confession takes place this week.

  Parish Manager Report:

• Jim introduced Rory Endrizzi, our new Director of Catechesis.
• We had a flood in the basement of the church on Ash Wednesday. A plastic water line sprung a leak. Preschool and Kindergarten were moved to the school building for a day as a precaution. Maintenance staff cleaned up the water and Service Master did the dry out. The hallway and kitchen were shut down. The kitchen is closed until the ceiling tiles are installed by Service Master. The leak was repaired with a sturdier water line.
• Ash Wednesday masses were well attended. The collection was $5k.
• Fr. Robert from the Diocese of Yakima is arriving tonight. He will go through Fr. Gary’s house. We have the right to pack up Fr. Gary’s belongings according to the diocesan attorney. Alma took Fr. Gary’s cats to Miss Kitty’s Cat House. The rental house will be cleaned, and some renovations done before it is rented again. Rent will be raised to market value.
• The Diocese took a month to get back to Jim for help with strategic planning. They gave him the name of two different companies. It is not a good time for this since there will be a pastor change. We will hold off.
• We closed the PNC Bank money market and transferred the money to an 8-month CD at 4.75%. It will not auto renew.
• March 13^th is the next Eucharistic Encounter Night; Jim is the speaker.
• The June 29^th Eucharistic Revival Congress registration is up on the website. We already have registrations from other parishes, as well as our own parish.
• We will continue to hold Finance Council meetings when Fr. Raj is on sabbatical.
• Jim will be gone for 3 weeks starting April 1^st. He will be in Italy for two weeks.
• David Kelash, the Dean of the Northern Deanery is visiting on March 6^th. He will meet with Fr. Raj, Fr. Gaspar, select parish staff, some members of the councils and Shelly. He will also review Sacramental records.
• CDA total to date: $60k.
• February collection totals to date: plate-$82k, Online giving-$46k.

  Old Business:

• None

  New Business:

• 2025 Budget
  • The school has an $8k deficit before salary and benefit increases. Nothing else can be cut. Jim inquired and found out that a school can only withdraw up to a maximum of 4% of their endowment balance unless it is on the verge of closing. We cannot increase CEA, it is only for tuition scholarships. The school is advertising at a local fitness center and enrollment is not showing much improvement.
  • Anne asked if anyone has spoken about the school and no cost tuition at the Spanish Mass. She suggested some students be available after the Mass to speak with prospective students.
  • Brad offered to let the school use some of the J&G Sales radio ad space to advertise the school. Jim will speak with Shelly about the ads and having a speaker at the Spanish Mass.
  • The budgets are out of balance since we do not have all the information from the diocese about insurance and benefit increases.

Fr. Raj closed the meeting at 5:45pm with a prayer.

Respectfully submitted by Donna Maneely

Terry opened the meeting at 5:00pm.

Fr. Raj began the meeting with a prayer.

Present: Terry Brennan, Bill Jacobs, Bob Dressler,  Eileen Grant, Anne Welborn

Absent:  Brad DeSaye, Keoni Murphy

Staff: Fr. Raj, Jim Wren, Donna Maneely, Shelly Cooper

  Minutes Approval:

• Anne motioned to approve the November meeting minutes; Eileen seconded it; approved.

  Financial Statements:

• Eileen questioned why the school’s janitorial budget was over budget. Donna will review and let her, and Shelly know.
• Keoni emailed Jim about why we are only receiving .17 interest per month on our PNC Money Market account. Jim had to contact the bank on a different issue and found out that we have a dedicated account manager. He asked about the low interest rate and was told that the rate can be increased to 2.5% or the money can be put into an 8-month CD at 4.75%. The Council agreed to the 8-month CD. Anne suggested that it not be automatically rolled over.
• Bill asked why collection plate income declined in December as compared to last year. Donna said December 2022 brought in a lot more donations than usual. Not sure why this year was lower.
• Bill asked if we have a Visiting Priest account in the budget like we used to have. If not, should we separate it for next budget? He also asked if we pay visiting priests directly or to the Diocese or their order. Fr. Raj answered that we pay Diocesan priests directly and Claretian priests are paid to the order. Fr. Raj tallies up their number of masses, confession times, on duty days and travel is included as well. Bill commented that Tina used to contact the Diocese to see if a retired priest could fill in. Fr. Raj says that they are not willing to come up here, so he asks the Claretians. Donna will create a new account for Visiting priest stipends in the next budget so that we do not overstate the priest salaries account.
• Eileen motioned to approve the November and December Financials; Bob seconded the motion; motion approved.

  Bank Statement Approval:

• Terry reviewed the November bank reconciliation; no discrepancies noted.
• Keoni reviewed the December bank reconciliation; no discrepancies noted.

Fr Raj presentation:

• Fr. Raj explained the difference between religious orders and religious congregations. Orders like the Dominicans and Franciscans take solemn vows which cannot be absolved, while congregations take simple vows which can be absolved.
• Fr. Raj stated that all income that a Claretian priest receives goes to the Claretian Missionaries. The priest receives a monthly stipend. All their expenses are paid by their parish or the Claretian Missionaries. Parish pays salary, insurance, retirement, food, and lodging. When Fr. Raj goes to visit India, the Claretians pay for it. Per Father Raj, the priests themselves are supposed to pay for any private vacation expenses from their monthly stipend.
• Fr. Raj said that the Claretian Missionaries manage nineteen parishes in seven communities. Every third year they get transferred and the normal retirement age is seventy-five.
• The annual Assembly is in LA next week. They want to form a new community near the border, so they plan to close one existing community.

Pastor’s Report:

• This year’s Lenten Mission is on February 25, 26 and 27^th. Lent starts in 2 weeks on February 14^th.
• Muriel is retiring in May; Rory Endrizzi, her replacement will be arriving at the end of the week.
• Deacon Joe is moving to Phoenix this month.
• 2025 is the Jubilee Year in Rome.
• Fr. Raj will be taking his Sabbatical April 1^st through July 31^st. He will be visiting the Claretian Missionaries all over the world and taking other trips and pilgrimages. He will be here for two weekends in April and the last 10 days of July. Our Interim Pastor will be Fr. Reegan. Fr. Gaspar will be here as well. Neither priest will be authorized to make decisions and one will be set up as a signer for the bank account. Pending approval of Monsignor Bui and a resolution by the Diocese, he will give one of them authorization to come to the Finance Council meetings.
• We are hosting a Eucharistic Congress for all Northern Arizona on June 29^th. Neighboring parishes will be invited.

  Parish Manager Report:

• The renovation of the house at 233 Summit is completed. Our new Director of Catechesis, Rory, will live there temporarily. The new rent is going to be $1,687 per month. Jim does not want to charge Rory the full rent since he is still paying for rent in Canada while his wife is there. It was decided to charge him $700 per month.
• Rory’s first day of work will be February 12^th. He will be able to attend the Rite of Election in Cottonwood.
• The Charity and Development Appeal begins this weekend. The materials have been out for several weeks. Sacred Heart was one of the parishes that hosted the training this year. At the training, Jim asked who decides who gets the money raised through the CDA. Historically, a group at the Diocese has been deciding. Jim told them that our school and our local St. Vincent de Paul need help. Bishop Dolan is starting up a new application process in April or May 2024 and we will apply.
• The 2024/2025 budget process has begun. We are in relatively good shape. We do not have benefit information yet. We will have a hard time making the school budget balance. Jim inquired of Catholic Community Foundation how much the school could take from the endowment. He has not heard back yet. The RCIA budget will only include Rory’s salary this year so the Parish subsidy should decrease a little, but this will likely be completely offset by health insurance costs.
• The next Eucharistic Encounter Night is on February 7^th with Brad Scott as the speaker. Jim will be speaking in March.
• January Collection plate: $105k, online giving: $42k
• Reserve Study Re-run: We have requested a re-run with changes in some parameters but have not received it yet.
• We are distributing Lent booklets the weekend before Ash Wednesday.
• The Club 180 building may be for sale. A few parishioners are suggesting that the church buy it but did not give any ideas about what to use it for. Jim consulted a local Real Estate Agent about the cost. The agent said the cost was $2.8 million the last time it sold so it could be around $4 million this time. We cannot afford it without a capital campaign and have no stipulated use of the facility.

  Old Business:

• none

  New Business:

• Bill asked if we are still charging for funerals: parish, presider, sacristan, music, deacon and lunch fee. We are currently charging the fees. He also asked if this is normal and if we should be charging. Fr. Raj responded that he set up the fee schedule as a guide only and the family has the ability to decide what they can afford. Jim clarified that we do budget the parish fee in revenue under Stole Fees.
• Bill suggested that we make a long-range plan for the parish and wondered if there was anyone at the Diocese that could help us. Fr. Raj would like to include the councils to create a long-range plan. Bill recommended we use an expert to organize it. Jim will ask the Diocese if they have any ideas.

Fr. Raj closed the meeting at 6pm with a prayer.

Respectfully submitted by Donna Maneely

Terry opened the meeting at 4:58 pm.

Fr. Raj began the meeting with a prayer.

Present: Terry Brennan, Bill Jacobs, Bob Dressler, Keoni Murphy, Eileen Grant, Anne Welborn

Absent:  Brad DeSaye

Staff: Fr. Raj, Jim Wren, Donna Maneely, Shelly Cooper

Guest: Martha Lamb

  Minutes Approval:

• Bob motioned to approve the October meeting minutes; Eileen seconded it; approved.

  Financial Statements:

• A question was asked if the bequest that the Youth Ministry received was earmarked for anything specific. Jim replied that it could be used for possible improvements to the Youth Ministry building and for larger youth retreats.
• Another question was asked if the 233 Summit house was finished. It should be finished by mid-January. If the previous tenants decide not to move back in, Fr. Raj would like the house to be rented to a parish or school employee.
• Bob asked if we are using less electricity since the solar panels installation; so far it is about the same.
• Keoni asked about the collection deficit; we are on par with last year’s totals, and we should start seeing an up tick in November.
• Anne motioned to approve the October Financials; Keoni seconded the motion; motion approved.

  Bank Statement Approval:

• Anne reviewed the October bank reconciliation; no discrepancies noted.

Pastoral Council Report:

• Martha Lamb, the chairperson of the Pastoral Council brought the Finance Council up to date on the Pastoral Council.
  • Their focus is on hospitality. They contact all new parishioners and greet parishioners after Masses. They are in the planning stages to bring back the Common Grounds ministry by having a different parish ministry host it monthly.
  • The Eucharistic Revival is a top priority for the Council. They approved setting up a committee to plan revival events. The committee started the Corpus Christi procession and plan the monthly Encounter nights. They are starting the Jesus in the Eucharist seven-week small group study in January. They are also planning a Northern Arizona Eucharistic Conference on June 29, 2024.
  • They have instituted the Rosary being said before Masses and they will start a Rosary collection for YRMC patients.

Pastor’s Report:

• Hospitality is a shared responsibility, not just for Pastoral Council.
• Christ the King was last Sunday and Advent begins this Sunday, December 3^rd. The Immaculate Conception Holy Day of Obligation and Our Lady of Guadalupe are coming up as well.
• Confessions will be heard on December 20^th from 4-7pm.
• The School’s Advent pageant is tomorrow, November 30^th.
• Fr. Raj would like to discuss how to evangelize our families and community at the next Finance Council meeting. He would also like the council to read and reflect on the book ‘Jesus and the Jewish Roots of the Eucharist’ so there can be a discussion later.
• Fr. Zachary will be presenting our Advent Mission starting Sunday, December 3^rd.
• About twenty people get together on Fridays at 3pm to pray The Divine Mercy Chaplet in the church.
• Fr. Raj would like to have two mental health counselors available in the parish office for a couple of hours a week for anyone who needs help. We have already referred five people for counseling.
• AA program will be starting soon for the Hispanic Community.

  Parish Manager Report:

• The Advent Mission starts this Sunday, December 3^rd. Fr. Zachary, a priest from the Society of our Lady of the Most Holy Trinity will be presenting our Advent Mission. The theme will focus on the Eucharist. The Mission begins on Sunday the 3^rd after the 5pm Mass. He will also speak on December 4^th and 5^th at 9am and 6:30pm.
• The Claretian Provincial, Fr. Paul Keller is visiting this week.
• We will be putting the new missalettes in the pews this Friday as well as setting up the Advent wreath. The church will be decorated on December 22^nd.
• We are giving the book ‘Beautiful Eucharist’ to our parishioners. They will be handed out on the weekend of December 17^th.
• November collection totals so far: Plate-$76,628, Online giving-$44,800
• The new Director of Catechesis, Rory, is a Canadian citizen. He needs to apply for an R-1 Visa. Jim has been working with the diocesan attorney to get this set up. Rory will begin later than expected. We will use the savings from his budgeted salary to pay for the fees involved. Rory will also contribute toward the fees.
• We are hosting the Charity and Development Appeal training this year on January 17^th. The kickoff is February 3^rd and 4^th. Our goal is still $138k.
• Alma, Jim and Victor went down to the Diocese for Administrative Professional Day with the Bishop. It was a great day. There was a presentation on mental health and a skit involving a receptionist in a realistic situation. Bishop Dolan wants everyone to know how crucial these jobs are to the Church.
• Update on the Mission Canyon Retreat Center: the owner decided to bequeath it to someone else. Catholic Community Foundation had a lot of stipulations that the owner felt were too restrictive.
• Scout Solar completed the work on the parking structure. We now need a maintenance service agreement. We have two options: 1)Annual maintenance agreement with a 2% increase each year 2)purchase power from Scout for .05 per kilowatt hour for 10 years. The Facility Director at the Diocese recommends the first option. We can use the remaining solar donations to pay for it. We will go with the first option.
• We are having a problem with the heater in the church. Climate Control worked on it for two full days to get it to work. The problem goes back to the installation of the system during the renovation. The heater is running now but we need several replacement parts.
• Jim will be working on the 2024/2025 budget memo the week of Christmas so it will be ready the first week of January.
• There will be some pastoral leadership changes coming in 2024. We will know more once the Claretian Missionaries have their annual meeting in February.

  Old Business:

• Bill reviewed the reserve study and the reserve funding process with the Council. The advantages of having a reserve study done is that it takes the volatility out of the operating budget, presents a capital budget to work with and we do not have to burden out parishioners with capital campaigns.

  New Business:

• The 2024 meeting schedule was discussed. It will be sent out with the next Financials.

Jim closed the meeting at 6:03pm with a prayer.

Respectfully submitted by Donna Maneely

Terry opened the meeting at 5:00 pm.

Fr. Raj began the meeting with a prayer.

Present: Terry Brennan , Bill Jacobs, Bob Dressler, Keoni Murphy, Eileen Grant, Brad DeSaye

Absent:  Anne Welborn

Staff: Fr. Raj, Jim Wren, Donna Maneely, Shelly Cooper, Amanda Cardenas

Guest: Mary Brunson via Zoom

  Minutes Approval:

• Eileen motioned to approve the September meeting minutes; Bill seconded it; approved.

  Financial Statements:

• Keoni motioned to approve the September Financials; Eileen seconded the motion; motion approved.

  Bank Statement Approval:

• Bill reviewed the September bank reconciliation; no discrepancies noted.

Youth Ministry Report:

• Amanda Cardenas, our youth minister gave the council a presentation of youth ministry.
• The Middle School ‘Edge’ group meets on Monday nights and averages ten students.
• High School group meets Sunday nights and about fifteen students attend on average.
• Young Adult group: there are ten active participants and forty more in the group chat. This group includes young professionals, Embry Riddle and Yavapai College students.
• Amanda recently spoke with Fr. Matt Lowry, Pastor of the Newman Center at NAU and Episcopal Vicar of the North about opening a Newman Center in Prescott to serve ERAU and Yavapai College. She suggested using some of the recent restricted bequest for this purpose. Jim also spoke with Fr. Matt regarding opening a Newman Center. Fr. Matt suggested a Ministry House would be more appropriate, where students live and pay rent. This would require finding a house, fundraising and working with the Diocese.
• Youth Ministry has been partnering with St. Germaine’s Youth group for retreats and activities.

Pastor’s Report:

• The Annual Corporation Meeting was held on October 23^rd at the Diocese. This maintains our Nonprofit Corporation status.
• The monthly Eucharistic Encounter nights are becoming popular; the goal is to help people in Eucharistic Devotion. The committee is planning to organize a local Eucharistic Revival Conference in June 2024.
• Knights of Columbus, Legion of Mary, St. Vincent de Paul, That Man Is You and Women’s Circle are fulfilling their objectives in serving the mission of the parish. Their numbers and participation are encouraging.
• Sacred Heart Catholic School currently has 132 students in Preschool-eighth grade. Students attend Mass on Wednesdays and prepare and participate in the Sunday Mass once a month.
• Interviews were held for the position of Director of Catechesis this week. Four candidates were interviewed, one via Zoom. Second interviews will be held next week for the remaining three candidates.
• Heritage Festival Week activities were well attended. The main goal of Heritage Week is to celebrate our heritage and to develop community building opportunities.
• Next week, our liturgy will be focusing on All Saint’s and All Soul’s Day celebrations.

  Parish Manager Report:

• October Collection totals so far: $70k – plate, $42k – online giving. Ten percent of this Sunday’s collection will go to the Salvation Army’s Winter Warm Up.
• The solar panels are being replaced starting today. It will take 5-6 days to complete. All costs are covered due to the warranty and donations.
• We interviewed three well-qualified candidates for the position of Director of Catechesis. We should have a decision next week.
• A financial planning seminar which will include funeral planning, led by Catholic Community Foundation is scheduled for November 14^th at 8am and 5:30pm.
• Fr. Zachary, a priest from the Society of our Lady of the Most Holy Trinity will be presenting our Advent Mission. The theme will focus on the Eucharist. He will speak at Masses the weekend of December 2nd. The Mission begins on Sunday the 3^rd after the 5pm Mass. He will also speak on December 4^th and 5^th at 9am and 6:30pm.
• Heritage Festival: we lost money due to the tee shirt cost and lack of tee shirt sales. We are still selling them in the office for the Eucharistic Revival. The festival is not set up to make a profit , but to celebrate community.
• After last month’s discussion about what to do with the excess cash in our general checking account, we opened a Goldman Sachs 6-month CD with $250k at 5.4% interest and an Invesco Money Market account at 5.3% interest with another $250k.
• Reserve Study: Jim sent in the application along with the 50% deposit. The study should be completed by November 5^th.

  Old Business: none

  New Business:

• Mary Brunson from Investing for Catholics gave an investment review presentation over Zoom.
• Martha Lamb , President of the Parish Council, will be invited to speak at the November meeting.

Jim closed the meeting at 6:19pm with a prayer.

Respectfully submitted by Donna Maneely

Bill began the meeting (due to Terry attending the meeting by Zoom) at 5:00 pm.

Fr. Raj opened the meeting with a prayer.

Present: Terry Brennan (via Zoom), Bill Jacobs, Bob Dressler, Keoni Murphy, Eileen Grant

Absent:  Brad DeSaye, Anne Welborn

Staff: Fr. Raj, Jim Wren, Donna Maneely, Shelly Cooper

1. Minutes Approval:

• Terry motioned to approve the July meeting minutes; Eileen seconded it; approved.
• Bill praised Jim, Shelly, Donna and Fr. Raj for their good work maintaining the strong financial health of the parish.

2. Financial Statements:

• Eileen motioned to approve the July and August Financials; Bob seconded the motion; motion approved.

3. Bank Statement Approval:

• Bob reviewed the June bank reconciliation; no discrepancies noted.
• Eileen reviewed July bank reconciliation; no discrepancies noted.
• Terry communicated that Brad reviewed the August bank reconciliation; no discrepancies noted.

4. Pastor’s Report:

• The Inter-Council Social was held in August. Thank you to those who attended.
• We are bringing back Communion under both species this coming weekend.
• 160 priests attended the clergy convocation in Flagstaff with Bishop Dolan. The theme was on how to evangelize the parish and how to reach out to unchurched people.
• Eucharistic Encounter nights will be held each month. The next one is on October 18^th during Heritage week. Deacon Mark will be speaking.
• There are many things happening within our Hispanic Ministry: The Mexican consulate was recently at Sacred Heart; one hundred people attended the apologetic mission talk, which took place over 2 days; the new Christ in the Neighborhood ministry has formed small faith groups; and 12 parishioners are attending the Kino Catechetical Institute.
• Fr. Raj reminded the council about renewing their safe environment training by December 31^st.
• Heritage Week starts October 17^th. Some of the events include a Faith Walk, new parishioner dinner, and the festival in the gym.
• A few parishioners are promoting first Saturday devotions in the hope that more parishioners will attend.
• The Lord’s Bounty Meal, which took the place of the Homeless Supper Club, has started. It will be held on the 2^nd Sunday of each month.
• Fr. spoke about how World Youth Day was a great experience for him. He was inspired by the 105 million youth that attended.

5. Parish Manager Report:

• September Collection totals so far: $68,909 – collection, $42,832 – Online giving
• 233 Summit: the roof and windows are complete; flooring and appliances are next. The house is expected to be done at the end of November or early December. There was termite damage in the house, which was taken care of. The house next door had termite damage as well. All the houses will be checked for termite damage.
• 229 Summit: the floor was sinking from termite and water damage. We used the same contractor who is rebuilding 233 Summit to fix the floor.
• A new dishwasher was installed in the forum. A parishioner donated it as well as the labor to install it. Estimated cost for the total project- $15-20k.
• Solar panels were going to be delivered next week and then installed in two weeks. We do not have anywhere to store the panels so Jim is working with Scout Solar to see if the panels can be delivered later.
• Heritage week: the Finance Council is invited to the new parishioner dinner. 97 new parishioners were invited and about 20 are coming so far.
  • Heritage week events: Tuesday – Movie Night, Wednesday – Eucharistic Encounter with Deacon Mark, adoration, benediction, confession and dessert, Thursday- New parishioner dinner, Friday- Living Rosary at the School, Saturday- Historical Downtown Walk with Mike King, Sunday- Festival in the Gym
• Jim asked the council for input on what inflation rate to use on the Reserve Study application. It was decided to use the T-bill rate of 3 ¾ percent.
• We have five applicants for the RCIA Director position; three are local and two are out of the country: Canada and Mexico. (They will be interviewed via Zoom.) Interviews will be held on Oct 24^th and 25^th. A decision will be made by the beginning of November with a start date in January.
• After the convocation of priests in Flagstaff, Bishop Dolan came to Prescott for a reception. The bishop outlined his priorities with the group. Jim asked him how we can communicate with his office. Bishop Dolan indicated that there will be a parish manager convocation soon.
• Catholic Community Foundation will host a Retirement Planning seminar on November 14^th at Sacred Heart.
• This year, about forty students are attending the Embry Riddle Mass on Sunday night. Last year only ten attended.

6. Old Business:

• none

7. New Business:

• The council discussed what to do with the excess money in the PNC Bank general fund. There is close to $900k in the account that does not earn any interest. It was determined that we need approximately $240k each month in cash on hand.
  • Bill made a motion to purchase CDs or similar investments, not to exceed $600K; the CDs cannot be more than $250k in one institution; some short term-30, 60, or 90 days and some for a year. Eileen seconded the motion; motion approved. Jim will speak with Scot Sas at BOK and Mary Brunson from IFA about best strategies for these investments.
• Bill encouraged the council to ask questions about different accounts for more in-depth information. It was decided to invite the Youth Minister, Amanda, to the next meeting to discuss Youth Ministry.

Fr. Raj ended the meeting with a prayer at 5:44 pm.

Respectfully submitted by Donna Maneely