Radio KOL

Special Update on Radio Finances
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Author:  Cassandra [ Sun Nov 04, 2012 8:43 pm ]
Post subject:  Special Update on Radio Finances

Dear Listeners and Supporters,

First, let me say a HUGE thank you to everyone who donated in the most recent drive. It has been a huge success and we've got enough to pay our server bill.

Let me also say a huge thank you to our tireless regular supporters who donate money each month, and an apology if your 'subscription' was one of those affected by the PayPal skipped payments issue.

If you've looked at the donation records for the recent months, you'll notice that the radio actually was operating with a negative balance from time to time.

Due to an oversight, the radio was accidentally borrowing money from the 'Tom Smith Project' funds for its regular running costs.
The station admin apologise for not clearly ring-fencing the project money, and assure you that we are taking steps to ensure it does not happen again.

This debt has now been cleared, and we're back in the black.

Thank you to everyone who supported the Project (which should be going forward very soon! Stay tuned for that) and those who have supported, and those who continue to support the daily running of the radio.

If you have questions please feel free to ask here (nicely) or email or approach any of the admin of the station, who will answer if they can or find out the answer if they do not know.

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