posted Thursday, May 19, 2011 ![\"6a00d8341bf7d953ef01b7c78436c8970b-320wi\"](\"https://www.gloucestercitynews.net/.a/6a00d8341bf7d953ef01b7c7ece011970b-200wi\" "\\"6a00d8341bf7d953ef01b7c78436c8970b-320wi\\"/")
May 20, 2011
Dear Parents,
As you know, the St. Mary’s Gloucester school community, the Office of Catholic Schools and the Diocese have been working hard to address economic challenges caused by declining enrollment and increased operational costs at the school.
This work started three years ago when the school added an advancement director and formed a development committee and work began on securing alternate funding sources. In January of 2009 Monsignor Curran met with us to express his concern about the school’s financial situation and asked if he could borrow money for school operations to give the advancement program and development committee the chance to develop an annual fund program. At that point enrollment stood at 194 students. At the meeting we agreed to give the school the opportunity to find these other financial resources and committed to lending the parish $200,000 for the 2008-2009 school year and $200,000 for the 2009-2010 school year.
This post was imported from a legacy archive. Please excuse any formatting inconsistencies.