Monday, November 26, 2018 || By Michael Romain || @maywoodnews
Dear valued villager,
I’ve made a personal pledge to the great people who print and deliver the weekly print edition of Village Free Press that we’ll pay off all of our printing and delivery debts by Dec. 31, 2018, so that we can go into the new year on a solid financial footing.
I’m going to keep that pledge. If I can’t, then that will send a critical signal about the long-term financial viability of maintaining a newspaper company in Proviso Township.
Let me give you a sense of our financial burden. It costs roughly $21,000 a year to print out 3,000 copies of the 12-page weekly that we currently give out at no cost to our readers. It costs another $7,200 a year just to distribute them to dozens of drop-off locations in our target market.
And I haven’t yet added on editorial content, design, advertising, legal notice processing, professional association, accounting and other administrative and labor-intensive costs.
This year, our advertising and legal notice sales have helped offset those costs, but only partially. So far this year, we’ve paid off about two-thirds of our baseline costs, but we’re still deep in the hole heading into 2019 — about $10,000 deep.
That means, we still have printing, delivery and other administrative bills we need to pay before the year is out, if we’re to go into the next year debt-free and prepared to be bigger and better than the year before.
Since 2013, Village Free Press has offered consistent news content for Proviso Township at no cost to the great people who rely on us for vital local information about what’s happening in their communities.
We want to continue offering that service. But to keep doing so, we need your support.
Click here to donate via PayPal — any amount helps. If you’d like to donate off-line via cash, check or money order, feel free to email email@example.com or call me at (708) 359-9148 for more information on how that can be done.
All checks should be written out to: The Village Free Press and mailed to Wednesday Journal, 141 S. Oak Park Ave., Oak Park, IL 60302 (c/o: The Village Free Press).
The name of anyone who gives anything will be added to a list of supporters we’ll update each week in the print paper and online (unless you prefer to remain anonymous).
We’ve made great progress so far and we have great plans ahead, but we need to clear this hurdle first before covering even more terrain. And I’m confident we will. VFP