Development
Background
- Formed in 2013 to address budget shortfalls and lack of contingency funds.
- Original Goal: Raise enough money each year to cover operating expenses with enough net income above expenses to fund a Restricted Operating Reserve Fund.
- Revised Goal: (1) Raise enough money to cover normal operating expenses plus an additional $7,500 each year to cover the orchestra budget ($15,000) every two years. (2) Maintain the Restricted Operating Reserve at the current $40,000 level.