Last updated on September 25, 2023
It is September 20, and the LNC filed its FEC report in a timely way. The outcome could be said to leave something to be desired. The August LNC Financials show
Cash on hand, start of month $266,368
Receipts for month $73,300
Disbursements for month $122,019
Cash on hand, end of month $217,649
However, debt increased markedly, from $14,397 last month to $38,240 this month, an increase of almost $24,000.
For the month, the LNC spent nearly $73,000 more than it took in.
The immediately obvious disbursement was $24,378 in net pay to a single employee, not the National Chair’s boyfriend, but that person was being off-boarded, so the dollar amount may refer to an extended time period.
