From the September 10, 2023 bulletin...

Let me introduce the Holy Rosary Church annual report in this week's bulletin. The report gives a financial overview of our parish's revenue and expenditures. For the full report, I would like you to take a look at it on the parish website. This past year has been marked by one major parish project: the new HVAC system in the church. Once again, thank you to all the donors who made the new church HVAC possible. Whether it is hot or cold here in Portland, we can all enjoy its benefits for many years. We are eternally appreciative of those who made this possible.

Our parish has undergone significant changes since my arrival as pastor, marked by spiritual and operational milestones. We are blessed to welcome 50 new families, raising our total to 598. Sacramental activities included 13 First Communions, 14 baptisms, 12 confirmations, and 4 weddings. Additionally, we conducted 13 funerals and memorials, responded to at least a dozen emergency calls, and saw 6 RCIA participants receive sacraments at Easter. We also revitalized our parish council and initiated a Property Steering Committee.

The 2022-23 period witnessed considerable turnover among lay staff, clergy, and parishioners. Despite these changes, we maintained our spiritual mission: 14 weekly confession hours, 3 daily and 6 weekend Masses, liturgies in the EF Dominican and OF Novus Ordo rites, 20 Cantores Masses, and the occasional Ordinariate use liturgy. We also continued weekly communion visits to hospitals and the homebound.

Financially, your generous contributions have been invaluable. For transparency, the report presents two financial summaries: the general revenue and expenses for the fiscal year ending June 2023, and a separate account for HVAC-specific finances. Overall, our parish revenue was $1,003,558.78. Parish expenditure amounted to $1,246,171.70, resulting in a difference between the total income and expenses of $242,613 in the red.

As stewards of your financial gifts to Holy Rosary, for the 2023-24 budget, the staff and I have put extensive effort into minimizing expenses while prioritizing the ministries that are the lifeblood of our community. We will address the deficit by cutting expenses and increasing giving. We'd like to thank you for your continued support through the weekly offertory and, if possible, ask you to consider regular online giving. It could be a one-time gift, a weekly or monthly increase of $10-$50, or a donation for doughnuts after Sunday Masses. I encourage you to find ways to continue supporting our parish, especially at our parish fundraising events.

On behalf of the parish staff and Dominican friars, I want to thank our parishioners and friends for their financial support of Holy Rosary Church. Thank you again for your generosity and for worshiping with us here. May God bless your good works, cheerful giving, and our community.

Fr. Peter Do, OP