Creed Pogue

As opposed to a survey of 14 conferences, the actual Financial Commitment Reports from GCFA show a 1.5% DECREASE for the actual amount of apportionment payments comparing June 2012 to June 2013. Because the 2013 apportionments are $4 million LESS than 2012, however, the percentage paid of the apportionments has increased slightly from 31.2% to 31.6%. If we feel that we are at a floor then we better concentrate on increasing the revenue side. Otherwise, we may have go through that "floor" and cut more.