Are there reserves in the parish finances to pay for capital improvements and maintenance?
Not anymore. The reserves have been depleted with maintaining the aging infrastructure. Over the past four years we have spent over $800,000 on capital improvements including tuck pointing, replacement of the Mackin Center roof, fencing around the campus as required by the Village, a new parking lot, etc. The projects funded by this campaign will significantly reduce the need for ongoing repairs and patching that have gone on recently and depleted our reserves. With this campaign, we also plan on rebuilding a reserve to deal with continuous maintenance and do not foresee a need for another major campaign for a long time.
