New Topic Requested: Budget and Funding
We are in debt $18M plus $66M. We are taking out loans. What measures have been done prior to making tis decision? Can anyone please tell us how many positions were eliminated and how much money was saved; how many assets were sold to put toward this debt; which program budgets were cut and by how much; if there was any type of hiring freeze to help more money go towards this debt . Can we please see or does anyone know the plan to pay this money back? I understand in times of debt and economic shortfalls not everyone is going to be happy and there will be many sacrifices. What sacrifices are being made other than borrowing more money?