Page 3, 25th August 1989

25th August 1989
Page 3
Page 3, 25th August 1989 — Diocese sees black

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Organisations: Finance Board


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Diocese sees black

PARISHIONERS' generosity and sizeable interest-free loans from other dioceses have helped save Shrewsbury Diocese from financial disaster, its bishop announced this week.

In February Bishop Joseph Gray appealed to priests and people for financial help when it was found that diocesan finances were moving severely into the red. "I am assured that the direct offertory giving to parishes has increased substantially throughout the diocese," he said

this week in the diocesan newspaper, The Voice.

The bishop also thanked other dioceses for interest free loans totalling £1,100,000 and expressed gratitude to local parishes who had pledged surplus funds to the central diocesan fund.

"In our determination to ensure continued progress, the Finance Board is establishing priorities for building, and all future expenditure is being carefully planned," the bishop said.

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