[Lnc-business] Treasurer Report
Tim Hagan
timhagan-tyr at yahoo.com
Tue Sep 4 23:35:25 EDT 2012
The financial report is attached.
Revenues are $99,242 below budget. Extrapolating out to the end of the
year, revenues are on track to be $214,148 below what the budget expects.
Total Expenses are also below budget, by $99,299. If the LNC continues
spending at the same rate, I project that expenses will be $254,427
below budget.
The unrestricted checking account is above the reserve requirement. I
attest this to expenses being kept down to match the lower than expected
revenues.
Tim Hagan
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