[Lnc-business] August End-of-Month Financial Reports

[Tim Hagan]

The August End-of-Month Financial Reports are attached. 

The reserve, at $18,742, has become positive but is still below the
reserve target. 

Budget line 90-Project, Program, Other, was budgeted at $5000 to cover
LPedia and Historical Preservation. There is $123 left in the budget for
this expense. This program is normally running about $150/month in
expenses. The 40-Administrative expenses is currently $19,075 below
budget, so it can be decreased. I will have a motion to move $1000 from
Administrative to Project, Program, Other. 

We have been making payments on the bill from the Hyatt Regency, and
still owe them $77k. We are on track to pay off the Hyatt bill by the
end of November. 

The mortgage is now down to $215,138. 

---
Tim Hagan
Treasurer, Libertarian National Committee
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   The August End-of-Month Financial Reports are attached.

   The reserve, at $18,742, has become positive but is still below the
   reserve target.

   Budget line 90-Project, Program, Other, was budgeted at $5000 to cover
   LPedia and Historical Preservation. There is $123 left in the budget
   for this expense. This program is normally running about $150/month in
   expenses. The 40-Administrative expenses is currently $19,075 below
   budget, so it can be decreased. I will have a motion to move $1000 from
   Administrative to Project, Program, Other.

   We have been making payments on the bill from the Hyatt Regency, and
   still owe them $77k. We are on track to pay off the Hyatt bill by the
   end of November.

   The mortgage is now down to $215,138.

   ---
   Tim Hagan
   Treasurer, Libertarian National Committee
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