Archdiocese of Cincinnati three years away from receivership, the Archbishop acknowledges.

He said he has no choice: Without more revenue, the 19-county archdiocese could be out of money within three years.

"If we do nothing, we’re in trouble," Pilarczyk said. "The financial policies of the archdiocese will have to be a lot tighter than they have been. The time comes when you run out of money."