August 31, 2019
Finance Members Present: Howard Raff, Joan Kleger, Jill Jones, Maureen Santiano, Alex Ucciferri, and Richard S, Gregorio (Chair).
Board of Directors Present: Judy Mosley
Guest: Deb Perry, Donnie Sanborn
Call to Order – R. Gregorio called the meeting to order at 9:05 a.m.
Deb presented the Entertainment budget. They are looking for a subsidy of $10,500. $500.00 can be dropped. Donnie added it for credit card fee, but Deb noted it was already included.
The board reviewed the current budget and asked various questions.
Board suggest asking Rental about eliminating linen service saving $11,000. Also, board recommends increasing fees, could $10,000 (net). Alex to talk to Rental on these recommendations.
New staffing increased budget $24,000.
Richard is going back to EMOC to request 3% reduction.
Donnie & Bobbi to review budget for any unbudgeted expense.
Adjournment – 10:40 a.m.
Respectively submitted: Richard S. Gregorio