7873Forward -- SCA settlement refund for local groups
- Feb 27, 2013Just an FYI, so folks are aware:
From the Midrealm facebook group:
Úlfr Rauðskegg Wrote:
Unto the groups of the Middle Kingdom does Bantiarna Briana Morgan of
the Valley and the members of the Midrealm Financial Committee send
As you know the SCA Inc, has settled with the insurance company and
received a portion of the funds back. In general terms the populace was
told two-thirds. When the Middle Kingdom received the check and compared
to the amount paid it equated to 70 percent returned.
The Financial Committee is willing to return 70 percent of the amount
paid to each group, but are running into a financial constraint.
Due to Kingdom Level events not making as much as was budgeted and the
Pennsic Profit half of its expected income, the Kingdom is currently
experiencing a budgetary shortfall in comparison to budgeted expenses.
To offset the shortfall from the lower Pennsic Profit share, we ask each
group consider if they could afford to have less than the 70 percent
returned. Please respond to exchequer@... with your group's
decision no later than 9 March 2013.
Any non-response will be taken as a no and the returned funds will be at
the 70 percent rate.