Statement Regarding Filing of Schedules

By Anne Steffens
Roman Catholic Archdiocese
January 30, 2015

http://www.archspm.org/archspm_news/statement-regarding-filing-schedules/

As part of the Chapter 11 Reorganization filing on January 16, 2015, the Archdiocese of Saint Paul and Minneapolis submitted to the bankruptcy court a schedule of its assets and creditors. This disclosure is part of the process that we hope will facilitate all available resources to be distributed equitably among victims/survivors and allow the archdiocese to continue essential ministry.

The information contained in this report is a reflection of the ongoing work to support the mission of the Catholic Church, and is overseen by our CFO and the Archdiocesan Finance Council, which is made up primarily of lay professionals. The numbers reflect our status on the day of the filing (January 16). We continue to operate in the normal course of business while focusing on being good stewards of the money given to the archdiocese.

Over the course of three days earlier this week, I participated in meetings with hundreds of priests, parish business administrators, parish trustees and Catholic school principals from throughout the archdiocese. We spoke openly and honestly about the Reorganization and its potential effects on the important work of parishes and Catholic schools. It is important to note that parishes and Catholic schools are separately incorporated and are not included in the Reorganization filing.

The additional documents filed with the court today are required as part of the Reorganization process. They are also necessary steps of transparency and accountability and essential in finding some measure of justice for those harmed by clergy sexual abuse. I pray that the Reorganization process continues to move this local Church forward on the journey toward restoring trust and healing for us all.