<html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=utf-8"><meta name=Generator content="Microsoft Word 15 (filtered medium)"><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:#954F72;
text-decoration:underline;}
.MsoChpDefault
{mso-style-type:export-only;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style></head><body lang=EN-US link=blue vlink="#954F72"><div class=WordSection1><p class=MsoNormal>Greetings, all -</p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Attached is a preliminary financial report for our just-concluded sectional.</p><p class=MsoNormal>It is subject to change when and if additional expenditures show up, or if other modifications are needed.</p><p class=MsoNormal>But so far as I know, my information is complete.</p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>As you will note, we ran a deficit of just under $300.</p><p class=MsoNormal>The principal reason, pretty clearly, was disappointing attendance: 216.5 tables, compared to 276.5 tables in October of 2015 in Bothell.</p><p class=MsoNormal>Running a deficit at a tournament is obviously not good, as we rely upon a surplus from our tournaments (and our share of membership fees) to support our other activities.</p><p class=MsoNormal>But it is not a disaster, either. We are still “in the black” by about $5,160 for the year to date, thanks to the fact that we showed a surplus at each of our other three open tournaments.</p><p class=MsoNormal>But we should carefully examine what happened (or didn’t happen) in Kent, and act accordingly.</p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Let me know if you have any corrections, comments, etc.</p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>John Weinberg, Treasurer</p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Sent from <a href="https://go.microsoft.com/fwlink/?LinkId=550986">Mail</a> for Windows 10</p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p></div></body></html>