GirlInterrupted wrote:
QUOTE:
The item that disturbed me was our LiveDaybreak committee received a loan from Kennecott for approx 55K last year to meet their commitments. The budget now has a line item for repayment over the next two years. If it were my budget, I would build in for contingencies and program within my means.
If we need to have a "loan" in order to have the community activities, then I'd rather not have so many activities or we need to do cheaper events! As a community we need to live within our budgets and not kill ourselves with debt!
Scoop, what about the other funds KL puts into the general budget...are they loans too?