Welcome

As Pastors, we want to provide for the Catholic school education of our children. In light of this desire, we are therefore committed to provide a Catholic school which is:

Excellent Accessible Affordable Sustainable

Topics to be Reviewed

Regional School Sources of Support Regional School Financial Report Tuition Policy Parish Participation: Mass and Support Tuition Rates Registration Fees Tuition Assistance Programs Tuition Credits Fund Raising Expectations

Financial Overview

Sources of Support2010-2011

Tuition 66% School Income and Fees 5%

Donations 2%Fundraisers 5%

78%Parishes’ Contributions 22%

Total 100%

Projected Income StatementFiscal Year Ending June 30, 2011

IncomeTuition Income $1,483,500School Income and Fees 98,500Donations 50,000Fundraisers 115,000Parishes’ Contributions 500,000

Total School Income $2,247,000

ExpensesSalaries and Benefits $1,638,300Administration 131,000Utilities, Maintenance, Insurance 162,900

Capital Improvements 300,000

Total School Expenses $2,232,200

Surplus $ 14,800

Capital Expenditures2010-2011

So far this year, the Regional School has spent

approximately $300,000 for the following educational needs, renovations and other capital improvements: Administrative Offices Computers Ceiling Fans and Lighting Cleaning Fencing

Capital Expenditures2010-2011

Floor Carpeting and Tiles Front Entrance Landscaping Painting Telephone System Ramp Repairs Roof Repairs Window Repairs

Tuition Income vs. ExpensesYear Ending June 30, 2011

Tuition Income $1,483,500

Expenses $2,202,200

Ratio 67%

BudgetFiscal Year Ending June 30, 2012

IncomeTuition Income $1,470,000School Income and Fees 72,000Fundraisers 112,000Parishes’ Contributions 500,000

Total School Income $2,154,000

Expenses Salaries and Benefits $1,729,000

Administration 164,000Utilities, Maintenance, Insurance 141,000

Capital Improvements/Depreciation 120,000 Total Expenses $2,154,000

Income/Loss $ 0

BudgetTuition Income vs. ExpensesYear Ending June 30, 2012

Tuition Income $1,470,000

Expenses $2,154,000

Tuition Income covers only

68% of the cost of operating the Regional

School.

Funding for the Regional School

Year ending June 30, 2012

Total Operating Expenses $2,154,000

Tuition Income 68% $1,470,000 Other Income 9% 184,000 Parishes 23% 500,000

Total 100% $2,154,000

Tuition Income vs. Operating ExpensesYear Ended June 30

Projected

Budget

2010/2011 2011/2012

Tuition Income $1,483,500 $1,470,000

Expenses $2,202,200 $2,154,000

Ratio 67% 68%

Cost of Education vs. Tuition2010-2011

Cost of Parents Family Education Paying

1 Child $ 4,100 $ 2,800

2 Children $ 8,200 $ 4,900

3 Children $12,300 $ 7,000

Tuition Collection

The timely collection of the Regional School tuition is imperative for two reasons:

To meet the operating expenses To avoid time-consuming collection efforts

Tuition Policy

In order to enter school in September, all prior year’s tuition must be paid in full.

Annual tuition is payable in 10 equal payments, beginning July 1st and ending April 1st.

Tuition payments are to be made on the first day of the month, regardless of who is responsible for the tuition or any portion of the tuition.

Tuition Policy

In order for a student to enter school in September, the first three monthly installments must be paid.

In order for a student to return to school in January, the tuition account must be current.

In order for a student to return to school on May 1st, the tuition must be paid in full.

Tuition Policy

Consideration may be afforded by a pastor to families with unforeseen financial hardship.

In order to participate in an eighth grade class trip, tuition must be paid in full.

It is mandatory that the School parents actively support the School’s fundraising activities and thereby fulfill their family’s annual $300 fundraising responsibility by May 1st.

Regional School Families’Financial Support for their Parish

Similar to all parishioners, Regional School families are expected to be present and participating at their parish’s weekend liturgy, and they are expected to be financially supporting the mission of the Church.

Each Parish Community has their own particular policy regarding participation.

Parishes’ Contributions for their School Families

Each of the four sponsoring Parish Communities have committed themselves to providing $125,000 per year toward the Catholic school education of their parish children.

With this substantial financial commitment comes the expectation that all parish children and their parents are actively worshiping within their own parish community and financially supporting their parish community.

Regional School Families’Participation

There is a spiritual responsibility to bring the children to Mass each and every week.

There is a responsibility of all Regional School parents to financially support the mission of the Church.

Tuition Rate Schedules

For parishioners of the four sponsoring parishes, there are two Tuition Rate Schedules:

Participating families Non-participating families.

Tuition Rate Schedules

For the current school year, as a sign of goodwill, the four pastors granted all families a grace period regarding their tuition rates, that is, all families were considered as participating and were afforded the Participating Family Tuition Rate Schedule.

Tuition Rate Schedules

Sadly and regrettably, many families chose not to participate at Mass within their local Parish Community and not to adequately support their Parish financially.

For 2011-2012, these families will be charged a higher tuition rate.

Participating Families Discounted Tuition Rate Schedule

In order to qualify for the Participating Family Rates, that is, the discounted Tuition Rate Schedule, a family must meet their own Parish Community’s requirements.

Parishioners not meeting their Parish’s requirements, will be designated as a non-participating family, and will be charged a higher tuition rate.

Non-Participating Families Tuition Rate Schedule

A non-participating family will not be afforded the Discounted Tuition Rate Schedule, and therefore will be charged an additional $700 per family.

In future years, this additional charge will be increasing substantially.

Cost Per Student

Number Per Total of

Student Cost Students Cost

2010-2011 $2,202,200 535 $ 4,100

2011-2012 $2,154,000 510 $ 4,223

Tuition Rates2011-2012

Rate* Increase One Child $3,000 $200

Two Children $5,200 $300

Three Children $7,400 $400

* Non-Contributing Families: Add $700

Tuition Rates2011-2012

Non-Catholic Students:Rate

Increase Grade K-8

Per Student $4,100 $200

Tuition Rates2011-2012

A $200 increase would be equivalent to $20 per month or $5 per week.

A $300 increase would be equivalent to $30 per month or $7.50 per week.

A $400 increase would be equivalent to $40 per month or $10 per week.

Tuition Rates2011-2012

4 Year Old Program

Full Day One Child with sibling in K to 8

$4,100 One Child with no sibling in K to 8 $4,800

Half Day One Child with sibling in K to 8

$2,600 One Child with no sibling in K to 8 $3,100

Tuition Rates2011-2012

3 Year Old Program

Half Day – Three Days $2,000 Full Day – Three Days $3,100

Half Day – Four Days $2,700 Full Day – Four Days $4,100

Half Day – Five Days $3,100 Full day – Five Days $4,800

Cost of Education vs. Tuition 2011-2012

Cost of Parents Family Education Pay

1 Child $ 4,200 $ 3,000

2 Children $ 8,400 $ 5,200

3 Children $12,600 $ 7,400

Registration Fees

Pre-Kindergarten to 8

Paid by March 31, 2011 $100 Paid by April 30, 2011 $125 Paid after April 30, 2011 $150

Tuition Assistance

BLOCS/Bridge/Bravo

There are sources of financial assistance, such as BLOCS, Bridge Education Foundation and Bravo.

Please consult Mrs. Colleen Blair in our school office for more information.

Tuition Credits

Tuition can be reduced by participating in the following parish-sponsored Programs:

Scrip ProgramSt. Joseph the Worker ParishImmaculate Conception Parish

Pot of Gold ProgramSt. Frances Cabrini Parish

For more information, please contact the individual parish.

Fund Raising

Each family is required to participate in the fund raising activities so as to generate a net amount of $300 to supplement their family’s tuition by May 1st.

Some fund raising activities will provide a 50% credit and other activities will provide a 100% credit.

Regional School’sExpectations

1. Weekly Participation at Mass by all Regional School parents and children.

Regional School’sExpectations

2. Weekly contributions in accordance with one’s own Parish Community.

Regional School’s Expectations

3. Timely payment of tuition due.

Conclusion

Believing that our Regional School is a most wonderful and precious gift to our respective Parish Communities, it is most important that everyone be aware of the need to be supportive of all the efforts being made to provide this Catholic School education for the children.

Conclusion

Having successfully established our Holy Family Regional Catholic School in which our children are experiencing a safe and wonderful environment for learning, are excelling in their educational endeavors, and growing in their knowledge and love of God, and their commitment to their family and their community, we are moving forward with faith, determination and commitment to excellence!

Holy Family Regional Catholic School

Thank you for your presence tonight and for your commitment to your own Parish Community and to your children’s Catholic School education here at Holy Family Regional Catholic School.

Holy Family Regional Catholic School

Questions and/or Comments