St. Hilary School Financials
How do we make up our operating loss?

Each school year draws down a fund from school fundraisers accumulated during the previous school year. Fundraisers during the period July 1, 2003 thru June 30, 2004 reported results as follows:

Development Report 2003/2004

   

Angels Club

  $

106,000.00

Hot Lunch

  $

21,575.00

Book Fair

  $

5,000.00

Gift Wrap

  $

9,189.00

Auction

  $

226,000.00

Total Development

  $

367,764.00

     

     

Development Disbursements

     

Beginning Balance

  $

113,326.00

Income 2003/2004

  $

367,764.00

Total Reserves

  $

481,090.00

   

School Budget 2004-2005

  $

(250,000.00)

Library & Entryway

  $

(90,000.00)

Art Studio

  $

(1,750.00)

Total Disbursements

  $

(341,750.00)

   

Ending Balance

  $

139,340.00