The Atlanta Symphony Orchestra faces an annual budget shortfall of 5-million-dollars. At this rate, that projects to an accumulated deficit of nearly 20-million-dollars by the end of the 2013 fiscal year.
As annual expenses outrun the annual budget, ASO President and CEO Stanley Romanstein says they’ve asked their staff, their board, and their audiences to make concessions and now, they’re asking their musicians.
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http://www.pba.org/post/aso-musicians-offer-their-latest-budget-proposal