Within the schools’ annual budget, there are three main items that make-up operating revenue. The first is family tuition, which accounts for approximately seventy-three (73%) percent of revenues. The second item is the support received from our Foundation, which is approximately fifteen (15%) percent of revenues. The third is the annual support received from our local Catholic Parishes, which makes up approximately nine (9%) percent of revenues. The remaining three (3%) percent consists of miscellaneous revenue items.
As you can see, our Foundation provides a significant portion of the School’s operating revenues. The Foundation relies primarily on major annual fundraising events in order to provide its assistance to the schools. One such fundraiser is the Family Night Auction which is held during the spring. The event held last March, raised approximately $50,000 to help support the school operations. In order to gain family awareness of the Foundation’s fundraising efforts, the Advisory Council has recommended that each family purchase a Family Night Auction ticket. In return, they will receive a ticket that will admit two people to the Family Night Auction which will be held in the spring 2008. The cost of the ticket will be included in each family’s tuition assessment. By doing this, it will generate approximately fundraising revenue, as well as provide an opportunity for all Central parents to spend an evening together in support of the schools.
When we support the Foundation’s fundraising events, we provide more support for the schools and we keep future tuition increases to a minimum. Included with this letter is a listing of Annual Fundraising events through the Foundation. If you have not considered participating in any of these fundraising events, we would greatly appreciate your consideration.
We believe the Catholic Education at BCCS is priceless but also understand the financial sacrifices our families make. BCCS will continue to work with every family to assure that we are a school for all who seek a Catholic education for their child(ren). This is a vital component of the schools’ mission. And we ask all parents to join us in meeting our mission by meeting their tuition obligation and assisting the fundraising efforts of the Foundation.
Thank you for your continued loyalty to Butte Central Catholic Schools and for your support to fulfill the ministry of Catholic religious formation and education for your children. |