FACT SHEET OUR FUTURE In consultation with the Finance Committee and School Board, Cedar Valley Catholic Schools assessed the needs of our school system and developed a master plan to address the most urgent needs. The initiatives focus on fiscal...
More
FACT SHEET OUR FUTURE In consultation with the Finance Committee and School Board, Cedar Valley Catholic Schools assessed the needs of our school system and developed a master plan to address the most urgent needs. The initiatives focus on fiscal management, endowment, Catholic identity and deferred maintenance which are detailed below. OBJECTIVES Core Objective: Secondary Objective: Debt/Fiscal Management Endowment Cedar Valley Catholic Schools currently has In 2016, we established the Cedar Valley $2.6 million in debt with the Archdiocese Catholic Schools Endowment with the Catholic of Dubuque. $2.1 million of the debt is from Foundation in the Archdiocese of Dubuque building Blessed Maria Assunta Pallotta Middle with an initial gift of $546,000. As of 2021, the School. The capital campaign for that project endowment fund has grown to $1.1 million in 2010 secured $7.6 million in pledges. The and CVCS distributes 4% annually to support building project costs, campaign expenses and ope
Less
