09-15-2009, 09:14 AM
Mike Andrews wrote:
So basically for this year, our profit from our DE program which is our only profitable program paid for legal and accounting fees to figure out that $5000 was removed but later returned to the club.
HMMM, paying $20,000 to recover $5,000. Our Executive Board is as efficient with our money as the federal government is.
Quote:AMoore wrote:Quote:I think lack of attendance boils down to economics. This leaves me with two questions:
1. What would the tracks do if we played hardball on the amount we pay for an event. There is more competition now.
2. How much of the cost of DE actually goes to support DE? Whether the overage is justified or not, I think the membership should know the answer to this question.
1) I don't know how hardball this is but a few of the tracks have asked how things are working out and have suggested that they could work with us. But I don't think that would play at all tracks. I'd bet that the Glen would love our weekend with them back...
2) That all depends on the track. The NJ tracks are the most expensive and Jefferson Circuit is the least expensive.
I do not have the budget in front of me but if memory serves me correctly it was projecting a profit of ~20K for the track program.
So basically for this year, our profit from our DE program which is our only profitable program paid for legal and accounting fees to figure out that $5000 was removed but later returned to the club.
HMMM, paying $20,000 to recover $5,000. Our Executive Board is as efficient with our money as the federal government is.
Believe me it is as big as I say it is. Do you want to see it?
2002 Chevrolet Monte Carlo
1973 911T
1969 Chevrolet Chevelle SS
2002 Chevrolet Monte Carlo
1973 911T
1969 Chevrolet Chevelle SS