MASSACHUSETTS
Boston Catholic Insider
We move back to the topic of finances in the Boston Archdiocese today and for the next few posts. You will see today how administrative expenses have grown as a percent of the total budget over the last 6 years.
Last week, in “Balanced Budget” or Unbalanced Budget?, we raised the question of how the archdiocese managed to publicly claim that the 2011 budget was “balanced” when the financial statements actually show a $4.2M loss. BCI emailed Jack McCarthy (Finance Council Co-chair), outgoing Chancellor Jim McDonough, and Interim Chancellor John Straub to ask them about this, and while we wait for their response, we thought we would show you how your money is expected to be spent in the 2012 fiscal year currently in process.
To the credit of the archdiocese, the 2012 budget document is quite comprehensive–probably moreso in a published form than any other diocese issues. You can find it here.
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