<html><head></head><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px"><div id="yiv2975518465"><div id="yui_3_16_0_1_1455156709273_213076"><div id="yui_3_16_0_1_1455156709273_213075" style="color:#000;background-color:#fff;font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px;"><div dir="ltr" id="yiv2975518465yui_3_16_0_1_1455156709273_203187"><span id="yiv2975518465yui_3_16_0_1_1455156709273_203231">The December End-of-Month Financial Reports are attached. Sorry about the delay, but we were waiting to get the last adjustments from the auditor. We will have the January reports next week before the meeting.<br clear="none"><br clear="none">Cash is tight. At the end of the year the unrestricted reserve was at $19,197, which is below the $50,460 target for the reserve. Last year had both revenues and expenses below budget, and had an operating surplus of $12,847.<br clear="none"><br clear="none">Tim Hagan<div class="qtdSeparateBR"><br><br></div><div class="yiv2975518465yqt5979697869" id="yiv2975518465yqtfd57837"><br clear="none"></div></span></div></div></div></div></div></body></html>