Wonder if that source was Cycle News yesterday??? Not only did they cover this aspect, but they also had an basic outline of the steps being considered to help lessen the financial crunch that is going to hit some of the locals who make the majority of their business profits on the TT and surrounding events.
However, unless this source was on the board(I believe of governors or some such thing) of the town and Isle(which I highly doubt), I wouldn't put much stock in this sources say-so... however, sources within those meeting to determine the fate of the event have not been optomistic(or should it be optomizitc... putting a "z" in place of an "s"... they're so cute at that wannabe-gangster age) about the event being staged this year. Personally, I think it will come down to a matter of cash that has to be shelled out. Will it be more to handle complaints and vaccinations and possible quarantines or to support a local economy for a year? How very Fight Club...