Hi All,
Shortest story:
No changes to Reading Scouting. It’s business as usual.
Slightly longer short story:
The emails & texts are already coming in on this regarding BSA’s bankruptcy proceedings. First, below are some helpful links on the topic.
Secondly, Here is a quick 2 cents on the topic:
- BSA filed for Chapter 11 which is reorganizing debts. Chapter 7 would be a going out of business fire sale.
- The local council is its own legal entity & is walled off from legal obligations at the national level.
- Local council financially stands on its own and does not receive financial support from national council.
If you really have a burning need to know more about the financial hocus pocus then feel free to ask the next time you see me. No emails please; I type enough lengthy financial documents as it is.
– Kevin Briere
Links