Timeline:    According  to  documents  available  to  the  Musicians  dating  back  to  2009  we  have  found  the  following  concerns  we’d  like  to  share  with  the  board.    From  January  14,  2009:  

       

           

In  February  of  2009,  the  projections  of  losses  were  off  by  millions,  and  Jon  Campbell  suggested  the  Orchestra  had  a  “serious  liquidity  challenge.  “    

   At  the  September  14,  2009  Executive  Committee  meeting  current  chair  Jon  Campbell,  and  past  Chair  Richard  Davis  supported  hiding  large  deficits  in  the  downturn  as  to  not  negatively  effect  the  public  perception  of  the  Orchestra’s  plan  to  build  a  new  hall  and  secure  funds  from  the  Legislature.        

 

   And  may  have  been  done  to  mislead  the  Legislature:      

   In  April  of  2010,  the  Finance  Committee  expressed  that  reporting  deficits  could  still  impact  the  bonding  proposal  at  the  Legislature:    

 In  the  April  2010  meeting  of  the  Executive  committee,  it  was  noted  that  there  was  a  plan  to  reduce  revenue  by  $2.7  million  and  that  endowment  draws  were  only  .7  percent  away  from  the  goal  of  5  percent:    

   In  September  2010,  staff  indicted  they  were  deferring  expenses  related  to  BFF:      

   In  September  2010,  before  the  Musicians  had  considered  even  hiring  a  lawyer  for  negotiations,  management  hired  Padilla  Speer  Beardsley  to  prepare  for  negotiations:  

   In  March  of  2011,  the  Board  Minutes  Financial  updates  indicates  that  the  Finance  committee  said  that  board  donations  had  been  stable  year  over  year.    

   

The  Auditors  Report  dated  November  22,  2011  directly  contradicts  this  the  Finance  Committee  update  of  March  11,  2011.    From  the  audit  by  Larson  Allen:      

   On  September  12,  2011  Board  Chair  Jon  Campbell  informed  the  committee  that  were  identifying  “public  relations  issues”  with  regards  to  what  size  of  deficit  to  report.    

   On  September  16th,  2011,  the  Finance  Committee  deferred  the  deficit  report  to  a  public  relations  firm.    

     On  November  2nd,  2011  at  the  Board  of  Directors,  Jon  Campbell  reported  

how  the  deficit  reported  would  be  $2.9  million  but  that  $4.3  million  would  be  withdrawn  from  the  endowment.    

   In  March  of  2012,  the  Finance  Committee  reviewed  the  proposed  contract  and  were  briefed  on  how  the  Detroit  Symphony  dealt  with  a  work  stoppage.    This  was  before  the  contract  had  been  presented  to  the  Musicians  or  the  first  meeting  of  the  Musicians  and  Management.