Christ The King Church
                                     Financial Report

                      September 1. 2004 —August 31, 2005

Cash Receipts
                Offertory Collections                                          $390,173
                Religious Education Income                                 $9,770
                Gifts / Bequests                                                    $47,028
                Diocesan and National Collections                    $61,898
                Other Income                                                        $37,189
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Total Receipts
                                                         $546,058

Cash Disbursements
              Salaries
                                       Priest                                            $14,425
                                       Lay Employees                         $149,733
              Fringe Benefits
                                      Priest                                             $18,720
                                      Lay Employees                            $11,049
              Fringe Benefits Not Segregated                        $29,853
              Professional Fees                                                 $2,555
              Church Operating Expenses                           $137,993
              Rectory Operating Expenses                            $36,750
              Religious Education                                           $15,494
              Diocesan and National Collections                  $61,817
              Workshops                                                                   $0
              Catholic School Assessments                         $16,925
              Other                                                                   $36,715
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Total Disbursements
                                             $532,029
                                  
Increase in Cash  
Balance                                                                                                                   
                                                                                                                
            
Cash on hand and in bank August 31, 2005                  $25,096  

             Parish Checking Account               
                  $25,096      

             Parish Savings Account                                      N/A             

             DEF Savings Account                     
                  $71,191

             Investments                                    ________________

Outstanding Debts:

            Unpaid Parish bills as of August 31, 2005                $0

            DEF Loan Outstanding as of August 31, 2005         $0
               $14,029