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St. Vincent de Paul College Prep in Petaluma will separate from its parish. The school will still be a Catholic school but run by a independent board of directors starting next school year instead of the St. Vincent Parish of Petaluma. The split, however, still allows the school to remain in the Catholic Diocese of Santa Rosa. The 11-member board that was elected last week will serve a 6-month term to prepare for the transition. They are now trying to raise $3-million through an online fundraising platform to reach financial independence. The Press Democrat reports that the move came about due to years of declining reserves and is not related to the Diocese’s filing for chapter 11 bankruptcy earlier this year.