Question
Briefly introduce the financial challenges faced due to the pandemic and the need to address a $2 million budget shortfall. Discuss the strategies implemented to
Briefly introduce the financial challenges faced due to the pandemic and the need to address a $2 million budget shortfall.
Discuss the strategies implemented to enhance revenue, emphasizing efforts to secure new sponsorships, partnerships, and fundraising initiatives. Highlight any successful negotiations or innovative approaches.
Outline the measures taken to reduce costs, focusing on non-essential expenses, contract renegotiations, and efficiency improvements. Emphasize the importance of maintaining financial sustainability while ensuring minimal impact on sports programs.
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