Executive Vice President
Doug Holland; [email protected]
THE SCHEDULES of Operating Expenses show in detail the $7,148,972 and $7,462,410 that appear on the Statement of Activities presented last month. You will notice a decrease in operating expenses of $313,438. It is an ongoing battle to keep expenses from skyrocketing.
Next month I will present the Statements of Financial Position. The assets total $18,947,614 for the year ended December 31, 2006.
Thought for the day: Robert Schuller said, "When you can't solve a problem, manage it."
A-B-C Always Be Courteous.
Until later ... Doug Holland
Transcribed from original scans by AI. Minor OCR errors may remain.
