<html><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px"><div dir="ltr" id="yui_3_16_0_1_1435468459432_28785"><span class="" id="yui_3_16_0_1_1435468459432_28795">The May End-of-Month Financial Reports are attached. May had a loss of $11,523. </span><span id="yui_3_16_0_1_1435468459432_28795"><span class="" id="yui_3_16_0_1_1435468459432_28795">For the year to date, we show a profit of $18,119. </span>At the end of May, unrestricted cash was at $26,346 versus the reserve target of $50,460. The current unrestricted cash is at $34,223.<br class=""><br class="">The 2015 budget has only $3000 for ballot access fundraising, to cover phone calls and some house mailings to top donors but no house letters. However, we decided to send a house letter for Arkansas ballot access, which cost $6364, and assuming the Oklahoma ballot access motion passes, it will require additional $6400. These amounts can be taken out of general fundraising costs. At the meeting, I will move to modify the budget by increasing 36-Ballot Access Fundraising Expenses from $3,000 to $15,764, and to decrease 32-Fundraising Cost from $160,965.10 to $145,201.<br class=""><br class="">We got a more accurate amount for the bequest left to the Libertarian Party, so in the Balance Sheet, the 180 - Bequests Expected - Non Current amount was adjusted to $190,600, from $216,600 in the previous estimate.<br class=""><br class="">Tim Hagan</span></div><div dir="ltr"><span id="yui_3_16_0_1_1435468459432_28795"><br></span></div></div></body></html>