Mike Request

Elizabeth, Peggy

I don’t think it needs a mention in the agenda, but I would like to alert both of you that during the Treasurer’s report, I intend to request that the Treasurer perform an analysis of all the overhead costs of the Project, including the new expenses of the Bookkeeper’s fees, the new Membership app, and all other such expenses that are not attributable to the activities of any income-producing Committee of the Folk Project. And then to look at our potential income once we resume live operations, and determine if those costs are sustainable in the long run. (Note: Anticipated increase in value of the General portion of our Endowment Funds should be considered as potential income in that assessment.) And if the costs are not sustainable, then I will ask that the Treasurer propose some sort of G&A assessment of the income-producing Committees to cover those costs.

Mike Agranoff

Program Chair

The Troubadour Acoustic Concert Series

Morristown, NJ. USA