This report covers the month of March and April 2015.  The American Midwest Bank checking account is our primary operating account. Accounting is done by the American Midwest Bank Tax and Payroll Department. Since this report covers two months I will

summarize the April results and mention March activities if pertinent.

Receipts through April, 2015

We have received 54% of the pledged amount, and 46% of the total budgeted receipts or the four month period. Year to date receipts as of April 30th are $101,814.90.

Disbursements through April, 2015

Total operating disbursements for the four month period are 37% of the budgeted amount. The total year to date disbursements are $82,449.65. The difference between receipts and disbursements year to date is $19,365.25 on the positive side. In March we deposited $40,000 from the Endowment fund into the Operating fund for cash flow purposes. Our annual allocation from the Endowment is budgeted as $100,000.  After consulting with Matt Myre, our Edward Jones representative who manages the Endowment and Building Funds, we determined this was a sensible move at this time.

Building Fund

The balance in the Edward Jones Building Fund at the end of April is $45,735.96, $30,000 in CD's and $15,734.96 in the Money Market Fund.  The total balance of Building funds including $7,035.81 in the American Midwest Bank account is $52,770.57.  During April we received a $1,437.82 memorial contribution from a new parish member as well as $125 in other contributions. There were no disbursements from the Building fund in March or April. Projects such as parking lot repair and resealing are planned for summer.

Endowment Fund

Apache Stock

The 5.921 shares on deposit with the company had a value of $405 on April 30, 2015. The value has increased $33.90 since the beginning of the year.

On April 30, 2015 the balance in the AMB checking totaled $37,824.97. The Flower Fund balance shows a negative ($212.45); Discretionary Fund - $462.51; Columbarium Fund - $1,464.30.  The Garden Fund shows a -0- balance but soon will have receipts from the farmer's market.  Building fund portion - $7,035.81 and Operations balance - $28,474.80. We had a Tornado Relief fund with a balance of approximately $725. This was augmented with a donation of $500 from the Bishop's Fund of the Diocese. These funds were distributed to Tornado victims in late April.

Summer schedules are often more unstructured with people away for vacations. We're going to try a less formed schedule for the ministries for the 10:30 AM service this summer. Each Sunday there will be nametags with the roles of Eucharistic Minister, Crucifer/Acolyte, Lector, Intercessor and Usher laying out on the tables. To take on that role, simply take up the nametag that day. There are instructions for the ushers posted. The Crucifer/Acolyte will process in with the Priest and the Eucharistic Minister will join the Priest at Communion time. If you are thinking of reading and want to see the passages for the morning ahead of time, the Sunday bulletin is posted on the website, www.stpaulsdekalb.org, by Wednesday mornings.