stfrancisraleigh.org - The Catholic Community of St. Francis of Assisi

Description: Welcome to the Catholic Community of St. Francis of Assisi! We’re happy to have you among us and pray you’ll find our parish to be a welcoming, spiritual, and Christ-like community of faith.

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The dedication to paying off these debts allows the previously committed mortgage funds in the school and church budgets to be used for other priorities. In the case of the school, we are using the freed-up mortgage funds of almost half a million dollars per year to accelerate “fair and just wage” goals with teacher and staff salaries.  On the church side, the freed-up monies contribute additional funds to the maintenance reserve for the entire campus, estimated to be $18M over the next 20 years.   

The payment of these debts is a great accomplishment for St. Francis and, says Msgr. Clay, “Our faith community is in good fiscal hands with Rob Neppel, his staff, and our parish Finance Council.” Congratulations on St. Francis becoming debt-free!

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