Page 48 - 21/22IncomingBOG
P. 48

o  LSBA funds its internal operations without use of reserves
                                                FY 2019/2020 did not utilize reserves for internal operations or
                                                affiliate support
                                            o  LSBA exploring alternative funding sources which could reduce
                                                LSBA’s JLAP financial support.
                                                LSBA received funds from LASC which will help defray JLAP
                                                expenses for next several years

                          BENCHMARK(S): A financially solvent organization which aligns it resources with its
                          mission.
































































                                                        Page 39 of 39
   43   44   45   46   47   48   49   50   51   52   53