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The Economy And WFIU: Update #1

As of this writing we are still awaiting news from three critical sources of funding for the next fiscal year: federal, state, and IU

Dear Members,

As expressed last month, the economic situation continues to take its toll on us. As of this writing we are still awaiting news from three critical sources of funding for the next fiscal year: federal, state, and IU

In the last several weeks we received bad news from the state about our current year funding. Acting on behalf of the Governor, the State Budget Director notified Indiana public broadcasting stations that our fourth quarter payment would not be distributed to stations. This cut amounts to a 31 percent cut, or 1.1 million dollars that must be absorbed by stations across Indiana within the next three months, and represents money the stations had already budgeted.

In addition, Governor Daniels has proposed to eliminate all state funding for public broadcasting for the next two years. Indiana public broadcasting stations continue to work with the House, the Senate, and our Governor, to reverse this situation.

Thanks to all who have expressed their concern and support. Difficult as these times are, we know that together, we will get through this economic downturn.

Our strategy is to preserve our main missions: to provide programming and public service to the community, and to remain “radio that matters.”