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Diocese of Syracuse reports $1.28 million net loss for August
By Sarah Lizee
Olympia, Wash., Sept. 23 – The Roman Catholic Diocese of Syracuse reported a $1.28 million net loss for August on $2.79 million gross income, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Northern District of New York.
In comparison, the diocese reported a $1.62 million profit for July on $2.75 million gross income.
The diocese reported a cash balance at the end of the August of $762,342, up from $573,075 at the end of July.
The Syracuse, N.Y.-based diocese filed bankruptcy on June 19, 2020 under Chapter 11 case number 20-30663.
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