[Lnc-business] Fw: EOM Nov Financial Report
Tim Hagan
timhagan-tyr at yahoo.com
Tue Dec 9 23:26:13 EST 2014
The End-of-Month November Financial Report is attached. This will be included in the binders this weekend.
Revenue was down in November, but expenses were also kept down, resulting in a deficit in November of $2357. The actual reserve is at $21,634, which is below the reserve target of $56,499. Cash will remain tight this month due to licensing fees for Razors Edge ($12,5k), real estate taxes ($4.4k), and LP News ($8.5k).
Tim Hagan
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