auDA expenditure on legal fees: 2001 $109,841 2002 $150,204 Budget 2003 $212,600 from anticipated gross income of $less than 2 million. (This figure takes into accounting and audit fees which in previous years have been about $50,000.) That is an annual expenditure of approximately 10% of gross income per year. Not just start up costs these are ongoing costs. And yet there is no tender process? If not it is a disgrace. Kind regards James GuyReceived on Fri Oct 03 2003 - 00:00:00 UTC
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