83SINCLAIR1•Coreadvertisingtrendsremainsolidinmostcategorieswitheffectiveyieldmanagementandsalestrainingprocessesdrivingbest−in−industrycoreadvertisinggrowthoverlastseveralquarters;expectrecordpoliticalrevenuesin2024,excl.GArunofftiotanesrePsgninra4E2Q•DrivenlargelybypoliticaladvertisinganddistributionrevenueincreasesNetcashtaxpayments7 First Quarter Balance Sheet (Consolidated) ■ Bank Debt ■ Notes | Undrawn Revolver tio ta n e s re P s g ...