Thursday, December 15, 2011

Joliet Diocese’s audit shows the exact terms for its parishes’ debts

The Joliet Diocese like many other Catholic Diocese has its audited CPA financial reports available on their website, see:  http://www.dioceseofjoliet.org/finance/documents/2010FinRptAdmin.pdf

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The audit breaks down all the Diocesan long term debt, the purpose for the debt and the terms.  There are seven parishes and one high school which have long term debt.  Parishioners can see the exact terms which the diocese negotiated for their parish’s debt and the bank which holds the debt.  See the long term debt from pages 10-13 from the 2010 audit.

 

Click on the photocopy to enlarge:

Joliet Diocese 1

Joliet Diocese 2

Joliet Diocese 3

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