Rick Shabi, UCG Treasurer confesses to a 5% overall drop in UCG income so far this fiscal year.
He discusses this at the UCG Council meeting last week on this video. However, in the summary report (which is what most members will see) it only admits to "Mr. Shabi then turned the Council’s attention to financial results for the first five months of our current fiscal year (which began July 1), pointing out income and expense “trends” of which the Council and administration should be aware of as the budgeting process for next fiscal year begins. Some discussion ensued in regard to a few unfavorable trends."
Without them posting the actual negative numbers. Amazingly, this downturn has occurred during a period of full employment and economic expansion as well.
From Anonymous source