Proposed Budget Reductions

Rick - As requested, please find attached my proposed budget reductions for
the remainder of this year. Total reductions equal $168,000, which includes
$35,000 of the Tabors TCC rcr which was originally approved for $75,000. I
also made a small cut in Travel of $10,000, but would be uneasy cutting
anymore since we were very thin to begin with in this area I have however
reiterated to all of my staff, myself included, to spend each dollar as
prudently as we can. At this point I am not recommending any reductions in
Staff, however, if things get real tight I may need to revisit the need for
Teri Miller in the Concord office.

Looking to the end of the year, I estimate the need for the following:
Florida - Retain Katz Kutter for the period July-December at $10,000 per
month. Current agreement is $20,000 per month but ends in June 01.
Tabors New York/New England Support - Current rcr approved through April at
$31,000 permonth combined. I expect that we can cut that to $20,000 per
month and will be putting in an rcr this week.

I hope this is all we need to cut! Please advise if we need to discuss
further.

Steve