Finance Committee meets for 2009 Budget

The Finance Committee met for two days making some very tough decisions concerning the 2009 budget. The fact is that we have fewer members now than last year and we are projecting a further decrease of 15% fewer members renewing in 2009 and a 10% reduction in new members joining the association for the first time. Foremost in the minds of everyone on the committee as well as the Management Team was keeping the services funded that most members use and pulling back the least used services. The budget won't be finalized until September during the Board of Director's meeting. That will also give us a few more months to gauge the membership levels reported from the local associations.