Capital Appeal Financial Advisory Report – Submitted by Bob Frymoyer Next meeting on ??. CONTINUED GOOD NEWS!
Contributions to our appeal were $5750 in MAY, resulting in our paying an additional $2400 toward loan reduction above our regular $4100 payment. As a result, our loan balance as of this week is $88,400.
We will be re-contacting a small number of larger pledgers who have not completed their giving.
With continued monthly receipts we should be in a position not to have to include loan payments in next year’s operating budget.