Thursday, December 5, 2013

Don't panic at the headline

The T&G coverage leads with our projected budget shortfall.

Don't panic. There's a reason why we do quarterly budget transfers--we move money around--plus the charter adjustment will help. The report we received in subcommittee is here. Report on all of our accounts (as of mid-November) is here.

UPDATE: And if you're wondering why legal costs are up: it's a negotiation year (and we have outside counsel for that) and we were facing a fairly large lawsuit that took a lot of time.

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