I was just elected president of the Fire Company.
Like other fire companies, we're in a free-fall, both financially ($14,000 deficit this year) and in terms of membership (we're down to 12 active responders).
Only 11% of our operating budget comes from municipal tax revenue, 2% comes from investments, and the rest comes from our own fundraising work. It's killing us.
I want our income to be:
60% tax sources
20% investments
20% fundraising activities
within 5 years.
Has anyone taken a company this way? Any pointers?