A QUESTION FOR MR. O'BRIEN - READ IT CAREFULLY

A QUESTION FOR MR. O’BRIEN

Sir – I have read your proposed budget as printed in the latest edition of the Reporter.  I note that figures differ from the Budget Summary that I have which is dated December 15, 2014.

The first is Reporter income.  The original $135,575 as indicated for 2014 has been decreased to $110,000.

On the other hand, General and Administrative expenses have been increased to $856,935.  The original was $610,560.  The net result of $271,950 has somehow or another appeared as “corrected total” on your spreadsheet.  A detailed explanation is requested.

Let’s continue further.  The grand total of unit owner contributions to UCO this year – 2014 – was $6,699,011 calculated to $71.08 per unit.  The Reporter was self-sufficient and no money was collected from unit owners to support this endeavor.  Channel 63 was listed as a Cable expense.

Your present proposed budget is for a total of $7,145,000 or $75.81 per unit.  The monthly increase per unit now calculates to $4.63 – a far cry from the 20 cents you have published.

I think an explanation is in order.  Abraham Lincoln once said “You can fool some of the people all of the time; all of the people some of the time, BUT, YOU CANNOT FOOL ALL OF THE PEOPLE ALL OF THE TIME.”

Dorothy Tetro