As many of you know, you have not received a reimbursement for overages for December, January, or Conference expenses due to the Accounting Department being extremely behind because of the receivership situation that started the third of January.
Accounting had hoped to be caught up by the end of February and felt at the time they could get your reimbursements to you faster than they have been able to thus far. However, a large number of expense reports haven't been processed due to a necessary employee termination. It took a period of time to find a replacement and begin smooth functioning again.
To compound this problem, the bank in January withdrew the line of credit for the loan we normally draw upon at this time of year to get us through a high expense-low income period. Thus we're feeling the effects of the peaks and valleys of normal cash flow. We have to make sure our expenses are as level as possible.
The Accounting Department obviously would appreciate your patience in waiting for these reimbursements. They aren't sure of when they will be able to get everything caught up. It may be a month or more. They are short-handed from having to let people go, and behind because of the large amount of time and energies that have had to be expended in responding to this receivership crisis.
If you are unable to carry these unreimbursed expenses any longer, Accounting has assured us that they will pull yours to the top of the pile and get your check to you as soon as possible. If your need is urgent, please let us know and we'll contact Accounting immediately.
Thank you very much for the patience you've shown in this matter.