Encouraging Financial News about the Cathedral Restoration Work.
The total amount collected for the Cathedral Restoration work up to the end of September 2015 is €457,913.87.
Thank you to all who have fundraised or contributed so generously.
The following is a breakdown of the monies received:
- Killala Diocesan Contribution: €250,000
- Cathedral Restoration Envelopes: €134,670
- Fundraising Events: €28,047
- Individual Donations: €45,196.87
- Total: €457,913.87
A bank loan of €2,450,000 has been negotiated by the Parish to cover the total cost of the restoration work.
The monthly bank repayment is €17,335.47 or €4,334 per week.
At the moment the weekly contribution to the Cathedral Restoration work is running at approximately €3,000 per week, a shortfall of €1,334 per week.
We are encouraging people who may not have got around to supporting this necessary repair work to date to complete a Standing Order Form available from the Parish Office or to make a contribution using the white Cathedral Restoration envelopes available at the church doors or to sign up for a box of Restoration envelopes. The amount of money we have to raise may seem daunting but together we will achieve our goal if everyone gives a little.
You may also complete and return a tax rebate form to the Parish Office if you have donated more than €250 to the Parish. Through ‘tax back’ €250 is worth €307 to the Parish. (Tax rebate forms are available in the Parish Office)
If you would like to make a donation towards the restoration work, you can make your cheque payable to “St. Muredach’s Cathedral Restoration Fund” and send it to:
Fr. Gerry O’Hora P.P.
Cathedral Presbytery
Ballina
Co. Mayo
Your continued generosity and support is greatly appreciated.