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October. It is through her effort that much of the increase in <br />our programming has come about. <br /> <br /> We hope that the City will continue to provide funding for <br />our programs in 2002. Increased opportunities through the <br />Central Minnesota Arts Board from increased state funding will <br />continue to help us only if we are able to increase our matching <br />funds. Any funds beyond the current $5,000 that you can make <br />available to us in the future will be put to good use in <br />promoting Elk River, raising matching funds from other sources, <br />and in serving our community. <br /> <br /> Please note on our financial statement that the dates <br />covered cause an imbalance of income and expenses because of the <br />time that monies are either received or spent. We carefully <br />follow our expenses project by project. As of August 31, we have <br />$11,750 on hand. Of this, $8,267 is budgeted to specific <br />projects, leaving #3,483 to cover normal operating expenses. <br /> <br /> If you have any questions, I can be reached during the day <br />at 576-9040, or Sharon can be reached at the Arts Council office, <br />normally, from 10:00 am. until 2:00 pm., 441-4725. <br /> <br />Very truly yours, <br /> <br />David V. Beauvais <br />Board of Directors <br /> <br /> <br />