Saturday, April 25, 2015

The UCO Reporter and Financials

There are 2 articles in the current UCO Reporter by the Treasurer that says the financial health of the UCO Reporter and UCO itself are in great shape. So...

The last report we had was that the UCO Reporter was having financial distress. That the advertising revenues were not covering the actual costs.

Now we see that the UCO Treasurer says, not true. We are making money hand over fist and all is well.

So how come the DA was asked to forgive a large portion of a loan we gave them last year. If things are going so swimmingly why not pay your debts?

3 comments:

  1. There NEVER was a LOAN given to the Reporter...Matter of Fact, was that the
    Reporter gave UCO, $2,000.oo per month, prior to last yr.( with DA approval)
    , to REDUCE (the Reporter's)
    TAXABLE income..this was proposed by Geo. Lowenstein.. all of which can be verified..

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    Replies
    1. As a member of the DA I can remember voting for the forgiveness. Apparently you and your friend Bob R choose not to remember.

      Thanks for taking the time to post. You are always welcome
      G

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