[Lnc-business] Fw: EOM Nov Financial Report

[Alicia Mattson]

Looks like the $21,634 of unrestricted cash is still significantly less
than the $40,314 of current liabilities.  Even if you ignore the $25,061 of
accrued vacation, we've got $15,253 of other current liabilities.  Then
we're going to be covering $25,300 of unusual costs in December on top of
our regular costs, and December is typically a less-than-stellar month for
revenues.

-Alicia



On Tue, Dec 9, 2014 at 8:26 PM, Tim Hagan <timhagan-tyr at yahoo.com> wrote:

> 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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