Dear Fellow Parishioners,
We’re pleased to share an update on our parish finances and the progress we’ve made together this year.
Parish Finances
Thanks to your faithful support, our operating income and expenses have remained close to budget. While income is slightly below projections, expenses are also lower than expected, and we are currently forecasting a small year-end surplus of about 2%. We are truly grateful for your generosity.
As we approach Christmas, we want to share an important need. Our Christmas collection — traditionally the largest of the year — will determine whether we are able to meet our annual budget. We ask you, if you are able, to consider an additional year-end gift to support our parish. Here’s why this matters now.
Rebuilding Our Financial Reserves
With the CTK roofing project now complete, our next priority is to rebuild our financial reserves. In 2024 we completed the major goals outlined in our previous 10-year facilities plan and began preparing for the next decade of stewardship. However, we temporarily paused our reserve-building efforts to focus entirely on the urgent roof repairs.
As a result, our reserves remain well below prudent levels. Strengthening this foundation will allow us to continue our ministries with confidence, stability, and the ability to respond to future needs.
For those whom God has blessed and who can give a little more this year, we ask you to prayerfully consider a special Christmas offering. No gift is too small, and every sacrifice is received with deep gratitude.
Year-End Financial Planning
The end of the year is an ideal time to review your tax situation, and certain types of charitable gifts to Christ the King–St. Stephen may provide tax advantages.
