The diocese has $2.2M in accumulated debt, a budget deficit for 2012 of $180,000 and rapidly declining revenue from parishes.<\/p>\n
To pay its debt, the diocese is busy selling empty buildings and is not allocating funds to anything other than debt reduction.<\/p>\n
The diocese\u2019s financial predicament wasn\u2019t improved by the $315,000 it spent in legal fees to remove the parishioners of the Church of St. Mary of the Incarnation, Metchosin from their building\u00a0 – that’s all a part of being a missional church<\/em>, of course.<\/p>\n The diocese is consuming itself simply to stay alive. Still, at least it is paving the way for the rest of the Anglican Church of Canada.<\/p>\n For more details go here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The diocese has $2.2M in accumulated debt, a budget deficit for 2012 of $180,000 and rapidly declining revenue from parishes. To pay its debt, the diocese is busy selling empty buildings and is not allocating funds to anything other than … Continue reading