[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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