Minutes for the regular National Finance Committee meeting November 10,<br />
2009.<br />
<br />
Meeting convened at 8:38 PM (ET) a quorum being present, the Chair being<br />
present and the Secretary being absent.<br />
----------------------------------------------------------------------------------------------------<br />
Attending: Grace Aaron, Brian Edwards-Tiekert, Sherry Gendelman, Campbell<br />
Johnson, Luzette King, Alberto Luera, R. Paul Martin, Summer Reese, Jamie<br />
Ross, Susan Young.<br />
----------------------------------------------------------------------------------------------------<br />
Agenda<br />
<br />
1. KPFA budget<br />
2. WBAI budget<br />
3. Any other budget items<br />
4. Year end report by NFC<br />
5. Legal costs from PNB<br />
6. Response to information requests to Management<br />
7. Heath account repayment<br />
----------------------------------------------------------------------------------------------------<br />
<br />
The committee discussed postponing the meeting.<br />
<br />
KPFA budget 8:50 PM (ET)<br />
<br />
The committee discussed the KPFA FY10 budget proposal.<br />
<br />
At 8:57 PM (ET) the secretary joined the meeting.<br />
<br />
Motion: (Brian Edwards-Tiekert) "To approve the KPFA budget, with the<br />
proviso that:<br />
1)      If KPFA does not prevail in its appeal of its CPB grant, KPFA<br />
defers its $55,000 phone system upgrade in order to bring its budget into<br />
balance.<br />
2)      KPFA provide to the NFC an updated cash reserve and cash flow<br />
information by end of business on November 13, 2009." (Passed without<br />
objection)<br />
<br />
WBAI budget 9:15 PM (ET)<br />
<br />
The committee discussed the proposed WBAI FY10 budget. WBAI's fulfillment<br />
rate problem was discussed. It was noted that one third of WBAI's<br />
membership changed every year. The possibility of a need to re-staff some<br />
positions was brought up.<br />
<br />
KPFA, KPFT and WPFW's budget was discussed briefly.<br />
<br />
Motion: (Alberto Luera) "To adjourn." (Passed without objection)<br />
<br />
Adjourned 11:36 PM (ET)<br />
<br />
Submitted by R. Paul Martin, Secretary<br />