Annual Assessment
About the Annual Assessment and Calculation
Each Catholic diocese assesses a fee to all parishes within the diocese called a cathedraticum. Within the Diocese of Youngstown, this is called a diocesan assessment (DA). The DA provides the resources for the operation of the diocesan central offices.
The DA is calculated based on the information submitted in the annual parish financial report for the fiscal year of July 1 to June 30. The DA is billed over a twelve (12) month period in equal installments. The diocese has contracted with Benefit Allocations Systems, LLC (BAS) to bill and collect these assessments.
The diocese uses previous year’s operating results to calculate the DA. For example, the DA billed for the fiscal year ending July 1, 2018 to June 30, 2019 uses the operating results for the fiscal year ended July 1, 2016 to June 30, 2017. The reason for this is that the parishes are not required to report actual operating results until three (3) months after the fiscal year end. Therefore, when the DA assessment calculation is determined for the period starting July 1, 2018 the operating results for the year ended June 30, 2018 are not available.
Calculation
The DA is calculated at 8.5% of adjusted parish operating income.
The adjusted parish income is calculated as:
Total Operating Income
Less Partnership through Mission / CRS office
Less Other Designated Collection
Less Approved Building Fund, Capital Campaign and Debt Reduction
Less Restricted Bequests, Gifts, Etc.
Less CCD and Adult Education Expenses
Less Catholic Exponent Expenses
Less Stewardship Expenses
Less High School Quota
Less Interest Payments on Operating Loans
Less Interest Payments Building Fund and Debt Reduction
Less Principal Payments Operating Loans
The High School Quota is calculated as a percentage of the adjusted parish income.
The parish operating income is adjusted as:
Total Operating Income
Less Partnership through Mission / CRS office
Less Other Designated Collections
Less Approved Building Fund, Capital Campaign and Debt Reduction
Less Restricted Bequests, Gifts, Etc.
Less Interest Payments Building Fund and Debt Reduction