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Last Updated: Friday - 09/24/2010Week of September 9, 2002Church faces $30M overrun on WYDBy RENATO GANDIA
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"We're about the faith and if there's a cost, we need to be willing to pay the cost."- Andrew Papenbrock |
"I did not see Pepsi or Du- Maurier signs (at the WYD) because that's not what we're about.
"We're about the faith and if there's a cost, we need to be willing to pay the cost."
Papenbrock likened WYD to the cost of raising children. "We did it and had a debt, or else we could have not done it and had no debt. I think the choice of WYD with the youth's faith enlivened outweighs being in debt."
WYD CEO Father Thomas Rosica agreed, saying, "Millions of people found inspiration and goodness in the events. For this reason, we turn to the public to assist us with donations to help cover the expenses of this great event that has touched our country and our world."
Expenditures at WYD were $70 million, $10 million less than the $80 million "break-even budget".
Changes were made in several areas to reduce costs. The food service was centralized at Exhibition Place rather than being in several sites around Toronto as initially planned.
The event generated $40 million in revenues, $30 million of which came from registrations, $5 million from government grants, $4 million from corporate and private donations, and $1 million from sponsorships and merchandising.
The tally of expenditures is not finalized yet as WYD is still receiving bills for services rendered.
The dioceses of Canada have all contributed according to their means, amounting to $24 million. The idea is WYD will pay the dioceses back once the money is available, said Kilbertus.
"If we could. But it looks like we will not be able to do that."
WYD Toronto will exist as an organization, until the end of 2002. CCCB will take over the final functions.
Kilbertus said, "We've passed the $100,000 (mid-August). The money is coming in. There are some good responses and we'll see what we can do to help pay off some of the shortfall."
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