CHURCH OF THE ANNUNCIATION
ELMA NY
FINANCE COMMITTEE MINUTES
September 20, 2023
Attendance:
Present Kris DiScipio, Jim Camarre, Dave Schmidt, Taylor Gavigan, Deacon Jim Jaworski,
Rev. Aaron Kulczyk; Trustee - Dottie Austin
Absent: Henry Koziol, Shaun Beckwith
I August 2023 Financials – Jim Camarre
• General commentary: August 2023 and 2022/2023 fiscal year net cash flow as expected
• Preliminary Annunciation picnic cash flow estimated to be ~$38k for 2023
• Rev. Aaron to review shared family expenses for 2023/2024
• Committee is in agreement to “rollover” short-term certificate of deposit nearing maturity
II Fiscal Year 2023/2024 Capital Spending - Deacon Jim Jaworski
• HVAC repairs and upgrades approved by the Diocese
• Planned capital expenditure for illuminated sign is unlikely due to the Town of Elma’s moratorium
on such signs
III Family of Parishes – Rev. Aaron Kulczyk
• No significant updates
IV Other Business
• Committee discussed terms and expected participation from current committee members going
forward. Committee will use the weekly bulletin and word of mouth to recruit an additional 1-2
members.
Next meeting: October 18, 2023 @ 7:00 pm Selbert Hall
Respectfully submitted by Taylor Gavigan
Stewardship is having the wisdom to understand that everything we have is a gift from God.