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Business, 30.03.2020 22:35 josephraven778

In 2003, the Boston Catholic diocese reported an annual deficit of 20 million. Then the diocese reported an unfunded pension liability of $80 million. The financial problems, a decline in the number of priests and demographic trends that were emptying out a lot of the urban parishes and overfilling some of the suburban parishes, required the Boston diocese to engage in:

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In 2003, the Boston Catholic diocese reported an annual deficit of 20 million. Then the diocese repo...
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