Greater Euclid Little Theater (GELT) Vice President Janet Dobbs proposed a budget to GELT board members addressed four points, the first problem Concerning the unrealistic estimates of revenues and expenditures, in the second point, Dobbs should present the contrasts of expenditures and revenues over the last six years. Third, the debt crisis was addressed and the fact that simply balancing the 2002 budget would not be enough to eliminate the crisis. Finally, the budget addressed spending to reduce debt and increase profits. The board rejected the budget for many reasons. The budget cut expenses, most board members wanted to increase Spaulding's salary, which was not included in the budget, and some believe GELT's revenue would increase if the theater sold all the tickets for the representations. Board members like Roberta Mackie said that "by limiting revenue projections, the budget committee was 'limiting our ability to dream' and that 'high revenue estimates would cause the organization to work towards achieve them.” Board member Jacob Grimm argued that GELT is not about "counting beans" but about enriching the lives of others throughout life. In my opinion, I believe that the budget proposed by Janet Dobbs was overturned because she lost sight of GELT's mission, which is to "provide professional quality theater at an affordable price for families in the greater region of Euclid. Although the budget did a good job of resolving the debt GELT inherited, it left out the steps that should be taken to eliminate debt and increase revenue while keeping GELT's mission in mind. I believe Ms. Dobbs' financial plan was a realistic plan but it lacked information, it lacked a plan... middle of paper ... should be clearly outlined. The goals and objectives should be discussed, as well as the implementation process. If I had to take sides with this budget, it would be Janet Dobbs'. I believe she had clear financial plans as to how much money was to be allocated and where in the name of the organization. Its only fault, I would say, is not keeping the mission in mind. She had only one goal in mind: eliminate the debt. Once the debt is eliminated, what other goals would the company strive to achieve? I understand that board members are not worried about debt at this time, but focusing solely on connecting with the public through art, and not on the finances of the organization, will eventually result in the closure of the business. (June 11, 2015). Retrieved September 24, 2015 from http://www.investopedia.com/articles/07/budgetingforcompanies.asp