Finance
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.
7-27-21