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To: Pastors, principals and business managers
From: Brad Wilson, Chief Financial Officer, Office of Finance
The PPP loans for the parishes and schools were based on the payroll costs processed by each location. The payroll for diocesan priests is processed centrally and a separate PPP loan application was made for this entity. Early this month, we received forgiveness of this loan and are now sending the funds to each location staffed by archdiocesan priests as additional PPP Loan forgiveness income.
A portion of the priests’ payroll PPP Loan included the priests that work at the Chancery or are associated with it. Archbishop Hartmayer accepted the recommendation that this portion of the priests’ payroll PPP Loan, along with additional funds, be redirected as subsidy to the parishes which are staffed by religious order priests and whose payroll costs were not included in their parish’s PPP Loan. This decision ensures fair and consistent treatment of all parishes.
Instructions for recording the funds received are included on page two.