HOW DOES ST. THERESA’S PARTICIPATE?
We will participate in the Alive in Christ Campaign. Our own campaign goal will be $1,500,000, of which $1,152,500 (77%) will go to St. Theresa priorities and $347,500 (23%) will go to the Synod priorities.
PROPOSED BUDGET: From our current Project Growth and savings funds, we will use $1,950,000 for the building project with the remaining $243,000 held to care and maintain our aging buildings. We have an additional $127,000 from insurance proceeds. We will seek a Diocesan loan for the remaining funds needed, which amounts to approximately $2,741,000. Of monies totaling $5.97 million, $3.74 million will be used to build the new church, $240,000 for the new Thrift Shop, with the remaining $2.39 million for parking, highway lanes (as per the State of Florida), retention ponds, site work and a variety of fees and permits.
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