Document aJLZ2BJ4DaY7jybGzEKe87dY

Attachment C FINANCE COMMITTEE REPORT Mr. Burrell will present a report on the Finance Committee Meeting of November 1, 1978. The Committee recommenda tion is that "The FY 78/79 deficit should be funded by utilization of MCA's reserves but the reserve level should not be allowed to fall below a floor of 25% of Operating Expenses. " MCA EC-11/20/78 CMA 039006