Finance Committee

The financial ship of Eliot is still sailing smoothly.  Our losses last fiscal year were not nearly as bad as initially expected and we ended up being almost exactly on budget. There are some ahead but luckily our costs and revenue are very tightly linked, we have a very good financial cushion, and if things get really bad, we have insurance. No matter what happens this year we will be financially stable. I expect these waters to calm and we will be sailing smoothly again in no time.

Ian Schurr, Treasurer