Buffalo, N.Y., Feb 4, 2020 / 14:45 pm
The interim leader in the Diocese of Buffalo announced Tuesday that the diocesan seminary will suspend its operations at the end of the current semester.
Although Christ the King Seminary has been at the center of recent controversies in the embattled Buffalo diocese, the diocese said a financial deficit is at the heart of the decision.
"Over the past 10 years, Christ the King Seminary has experienced an operating deficit, amounting to $500,000 on average annually. In some years, the Seminary has been the recipient of extraordinary financial gifts which have served to offset the operating deficit, but which cannot be relied upon year-over-year," the Diocese of Buffalo said in a Feb. 4 statement.
"The Members of the Corporation of the Seminary have determined that it is not responsible from a fiscal standpoint to continue to operate with such a structural deficit that requires extraordinary support to sustain operations," the statement added.