St. Louis archdiocesan agencies told to cut expenses, balance budgets

From Catholic News Service:

ST. LOUIS (CNS) -- The Archdiocese of St. Louis has launched a cost-cutting effort, asking agencies and offices to reduce expenses to balance their budgets. Deacon Frank Chauvin, chief financial officer of the archdiocese, said operating costs have risen. "We have to take a hard look at where we are and decide what if any (costs) we can eliminate without eliminating some of the services we provide," he said. Deacon Chauvin noted that salaries have risen slightly to stay competitive in the labor market. He added that "our health care insurance has increased significantly (and) our property insurance, liability insurance and so forth have increased."

Article here.