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  • US SKIING HITS THE SLOPES FACING BUDGET CUTS

         US Skiing is "facing major budget cuts," already cutting
    $1.2M and looking to cut another $1.3M from its $12.4M annual
    budget.  Officials cite fundraising competition from the '96
    summer games and "belt tightening from major corporate
    contributors" as reasons.  US Skiing CEO Mike Jacki their "break-
    even point" will be down to about $9.8M: "We are scaling back and
    down sizing to be commensurate with income.  We are going through
    budget cuts, trying to be creative and find better ways to spend
    money" (Craig Hansell, SALT LAKE TRIBUNE, 9/30).
    

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