RANCHO CUCAMONGA, Calif. — The California/Nevada league has reduced staff by 12 positions, including four open slots it is not filling, in order to meet a budget shortfall.
League CEO Bill Cheney, who said the moves being made by the league are projected to cut expenses by $1.9 million in 2009, added that dues income has remained strong and is within 3% of projections. The league has seen revenue decreases in education and training (which includes conferences), business services and investments, "which are all tied to the economy," said Cheney.
Cheney said the league's reserves remain strong and that it was taking "responsible steps" now to avoid additional problems later. "Credit unions are making these same sorts of adjustments, and their trade association is not immune to these issues," he said.
Not on the table: a dues increase. "That was not an option," said Cheney. The league earlier announced it was suspending its advocacy program, for which affiliates were billed separately. The staff reduction to 61 people comes at the same time the league is preparing to move out of its current headquarters and into new space in Ontario Airport Tower, adjacent to the airport of the same name.
