Mr John Pascoe - investment income of parishes 1999

        1. Mr John Pascoe asked -

        (a) How many parochial units received investment income (including interest and rents, but excluding income from trusts established by ordinance) in excess of $10,000 for the 1998 year?

        (b) What was the total amount of this type of income received by those parochial units during that year?

        To which the President replied -

        Based on a sample of 26 (or 10%) of parochial units, including the 11 listed in the blue book page 214, it is estimated that 90 parochial units received such investment income in excess of $10,000 in 1998 and had an estimated total income of $3,300,000.