Feb 2, 2021BoardMeeting
BoardDiocese of Pensacola-Tallahassee Finance Commission Minutes
The commission discussed several operational and financial updates, including improvements in pastoral center accounting, construction project statuses, and ministry service expansion. Discussions regarding school financials covered teacher salary competitiveness, state scholarship impacts, and financial year-end adjustments. Parish financial updates noted shifts in offertory and cash liquidity. The committee reviewed the medical plan, approving a change to employee contribution allocations. Finally, the meeting covered the current state of diocesan financials, including investment performance, the status of the deposit and loan fund, and ongoing negotiations regarding hurricane-related financial losses.