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The CY Production Report is a summary of all transactions that have entered the U-M Fundraising system from their original point-of-entry. This method removes, wherever possible, all payments or gifts made downstream of an original gift or gift intention declared by the donor. Thus a pledge, in its total amount, is counted at the date and fiscal year the pledge is booked in the system and the subsequent pledge payments are not re-counted as they are made over time. This method produces a relativ