The Rochester Philharmonic is projecting a $550,000 deficit this season. But in the short term, finances are even worse. “An estimated cash shortage of up to $900,000 this fiscal year could jeopardize the RPO’s ability to pay its musicians and vendors as soon as next month. The RPO faced a similar budget squeeze last year, but $350,000 in administrative cuts paved the way for a modest surplus. This year, however, the ensemble has little left to cut.”