Mortgage Reduction Report

During 2007, we had to address some building repairs and maintenance that were necessary to help us continue to help other groups in our community without breaking our budget. If our offerings were closer to our budget, we could have made additional payments to the mortgage as we have in other years, but we were stretched too thin this year.

In 2008, we hopefully will have fewer demands from the building, but I am not budgeting any extra payments because the income from users of the building will be reduced.