Budget and Finance Chair's Report: Building Our Resource Base to Achieve LAMA's Mission and Vision

Rod MacNeil

Abstract


LAMA, like many organizations in the first part of this decade, has been struggling with a financial fact of life: combined revenue from all existing streams (dues, publications, continuing education, donations) is not sufficient to balance the division’s operating expenses. The situation developed as a result of a combination of internal circumstances and external economic factors.

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