Parish Insurances - Mr George Collins 1996

        15. Mr George Collins asked -

        Is the cost of providing insurance for an individual Parish Property, which is predominantly used for producing income, included in the calculation of the Parish Levy on all Parishes?

        To which the President replied -

        The total cost of the Diocesan Insurance Programme includes parish property predominantly used for producing income, however the total cost of insurance is not fully recovered by parish levies. Further, parishes which have large amounts of income from property would probably exceed the $237,000 threshold and therefore would pay a larger parish levy. Also, many of the larger income producing parish properties are the subject of ordinances which distribute some of their income into the Appropriations Ordinance (see page 219 of the "blue book").