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La Crosse Center finance report: year-end transfers and surplus exhausted
Summary
Finance presenters reported December revenue and expense details, explained a large annual JCI payment and transfers that left the center without a surplus; board discussed how shortfalls will be handled in 2026.
The La Crosse Center board reviewed December financials and year-end totals, and members were told the center’s surplus has been exhausted after transfers and a large annual payment.
Alex (S3) presented the December financial statement, saying the December room-tax portion received was $96,000 and that total December revenues tallied about $664,497. He noted sponsorships from organizations including Marine Credit Union, Festival Foods and Chick-fil-A…
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