The BSO had a debt of about $4 million in mid-2004. But the orchestra ran a deficit of $7.3 million in 2004-05 and expects a shortfall of $4.5 million in the current fiscal year.
W. Gar Richlin, a board member who took over as president and CEO when James Glicker resigned in January, told the Sun that he was aiming to balance the orchestra's budget next season. He declined to be specific about budget cuts, but would not rule out reducing the number of full-time musicians or eliminating year-round employment for players.
Jane Marvine, a musicians' representative who sat in on the interview, said that players would support "creative solutions" to reach fiscal health, but would not accept changes that would damage the artistic quality of the ensemble. The players' current contract expires in September.