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By Tyler Falk, Reporter
NPR plans to continue implementing cost-saving measures next fiscal year to offset a projected $29 million budget deficit, CFO and Treasurer Deborah Cowan said during a board committee meeting last week. Cowan presented a breakdown of the FY21 budget that showed anticipated revenues of $250.6 million, down from $253.4 million in FY20 and $258.7 million in FY19. Before the pandemic disrupted the economy, NPR expected revenues for the current fiscal year to reach $267 million, which was 5% more than NPR’s revised projections for the fiscal year that closes Sept. 30. NPR’s $240.9 million expense budget for FY21 assumes about $25 million in savings from the budget cuts.
By Mike Janssen, Digital Editor
KCRW in Santa Monica, Calif., is reducing staff to offset a projected shortfall of 30% of its budget caused mainly by waning sponsorship income. In a letter to members and listeners Wednesday, President Jennifer Ferro said the station is eliminating four positions.
By Grace George, Editorial Intern
As the election approaches, several public radio stations that focus on serving people of color are promoting voter registration and education in their communities. Four of the stations air the CPB-backed Urban Alternative music format.