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Treasurer’s Report: Savings from labor cutbacks help surplus grow

Treasurer’s Report: Savings from labor cutbacks help surplus grow The $1.4 million revenue shortfall from the 2020 budget for the organization did not change in November. Management has continued to focus on essential spending to offset that shortfall in order to maintain a strong financial position for the organization. In GRF Operations the year-to-date (YTD) revenue shortfall of $714,000

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