Cathie,
As this is my first year as a member of the Steering Committee, I have a
couple questions regarding the budget. These questions reflect a lack of
knowledge on my part, not a challenge to any of the math reflected in the
budget.
1 - What do we define as "Bad Debt"? It appears that we budget around $5K
for that and incur some 'bad debt' expenses. Just wondering what those
might be?
2 - What was the 2007 Misc Project expense of $7500? As a follow-up, I see
$15K of Misc Projects in 2008. Are there any more specifics as to what
those projects might be?
3 - Since I don't have previous years to compare to, I'm wondering if our
revenue projections are a bit optimistic - or does this reflect the trends
of the past 3-5 years?
Thanks for any information you can provide.
Mark Ladd
Addison/One, LLC
262-498-0850
