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Elementary Parish and School Financial Update. Secretariat for Education Department for Catholic Schools 2005-2006. Background Information. Why the Policies for Financing Elementary Schools were needed. Consolidated Operating (Deficit)/Surplus Parishes with Schools Millions of Dollars.

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Elementary Parish and School Financial Update

Secretariat for Education

Department for Catholic Schools

2005-2006


Background information l.jpg

Background Information

Why the Policies for Financing Elementary Schools were needed.


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Consolidated Operating (Deficit)/SurplusParishes with SchoolsMillions of Dollars


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Funding as % of School Expenses (91-92)Pittsburgh and U.S. Catholic Schools


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Median Tuition Rates (1990-91)Pittsburgh and U.S. Catholic


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Policy Summary

  • Basic Funding Formula

    • Tuition 60%

    • Subsidy 25%

    • Development/Fundraising 10%

    • Other 5%

  • All parishes give 10% minimum (35% maximum) of income

  • No borrowing to finance operating deficits


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The following positive trends have occurred since the new policies were promulgated in May of 1995.


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Elementary School Funding policies were promulgated in May of 1995Tuition as a % of School Expense


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Elementary Tuition Rate History policies were promulgated in May of 1995


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Elementary School Funding policies were promulgated in May of 1995Parish Subsidy as a % of School Expense


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Fund Raising/Donations policies were promulgated in May of 1995as a % of School Expense



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Consolidated Operating (Deficit)/Surplus 1991-92 and 2004-05Parishes with SchoolsMillions of Dollars


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Tuition as a % of School Expense 1991-92 and 2004-05Pittsburgh and US Catholic Average



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Subsidy as a % of Parish Income have re-emerged.(Parishes with Schools)


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Consolidated Operating (Deficit)/Surplus have re-emerged.Parishes with SchoolsMillions of Dollars



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Health Insurance Rates have re-emerged.


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Utility History and Projection have re-emerged.Parishes with Schools(Millions)

Gas is expected to increase about 50% and electric at least 15%.



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Catholic PK to 8 Enrollment History finances (Thousands)

A large portion of this decline is in the City of Pittsburgh. City public schools have experienced similar or greater declines than city Catholic schools.


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Public PK to 8 Enrollment History finances (Allegheny, Beaver, Butler, Lawrence, Washington)

Decline between 1999-2000 and 2003-04 was 6,300 students or 2.3%. Projected decline to 2013-204 is over 39,000 or 14.5%.


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Public PK to 8 Enrollment History finances (Allegheny County)

Decline between 1999-2000 and 2003-04 was 5,300 students or 3.0%. Projected decline to 2013-204 is over 26,000 or 16%.


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K-8 Market Share finances (Allegheny, Beaver, Butler, Lawrence and Washington Counties)



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Diocesan Tuition Assistance enhanced and continued


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Outside Funding Sources enhanced and continuedCatholic Schools


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Critical Parish/School Task Force Appointed enhanced and continued

February 2005


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Critical Parishes/Schools enhanced and continued

  • About 30 parishes with schools are in critical financial condition.

  • About 10 parishes without schools are in critical financial condition


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Critical Parishes/Schools: Next Steps enhanced and continued

1. Individual meetings will be held with diocesan staff to thoroughly review operations and budget assumptions

2. School and parish budgets must be balanced and include a reasonable amount of debt service for re-paying accumulated debt

3. Parish subsidy may need to be significantly reduced or even temporarily eliminated in order to balance the parish budget


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Critical Parishes/Schools: Next Steps enhanced and continued

4. No borrowing of funds for operations will be permitted

5. All bills need to be paid including employee benefits/insurance. Any residual debt will be included as an expense in the following year’s operating budget with tuition increased accordingly.


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Critical Parishes/Schools: Next Steps enhanced and continued

6. Expense reductions, including staff and programs, need to implemented

7. Tuition will be set at the rates needed and may require significant increases.


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Critical Parishes/Schools: Next Steps enhanced and continued

8. Viable enrollment goals with registration deadlines will be set

9. Elementary school grant funds will decrease necessitating a reduction in grants


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Checklist for All Schools enhanced and continuedTo Remain Financially Viable

1. Establish a balanced school budget:

a. Project a reasonable enrollment

b. Include only the amount of subsidy the parish can afford

c. Determine a reasonable amount of fund raising based on history

d. Include your (reduced) elementary grant


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Checklist for All Schools enhanced and continuedTo Remain Financially Viable

e. Add any liabilities from previous school year (e.g. unpaid bills, advanced tuition used)

f. Include accurate expense amounts for utilities, benefits and insurance.

g. Critically examine staffing levels each year in relation to enrollment and adjust.


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Checklist for All Schools enhanced and continuedTo Remain Financially Viable

h. Reduce expense, including staff, where possible.

i. Increase tuition in order to balance.

2. Pay all insurance bills (primarily employee benefits) on time and in full.

3. Encourage parents to apply for aid.


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Checklist for All Schools enhanced and continuedTo Remain Financially Viable

4. Do not re-enroll families with unpaid tuition balances unless funding is secured to pay the balance in full.

5. Share financial information with parents via letters and meetings.

6. Call diocesan staff for assistance and support.


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Goals for Quality Education enhanced and continued

  • Faith Formation/Catholic Identity

  • Academic Excellence

  • Support from Parents and Community

  • Financial Stability


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Questions enhanced and continued


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