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In preschools that are a part of an existing parish elementary school or archdiocesan high school, the preschool director​ and school principal meet to review and determine the annual preschool budget prepared by the preschool director. This budget becomes a part of the regular school budget, but is accounted for separately. The preschool director submits the Monthly Operating Statement (LIC 401) to the principal and school bookkeeper. All preschool income (e.g., tuition and ​​fees) are handled by the parish or school bookkeeper who provides for preschool expenses, including payroll.

In preschools at locations without a parochial school, the preschool director reports to the pastor on all financial matters and submits the Monthly Operating Statement (LIC 401) ​and other financial information to the pastor.