Minutes for the regular National Finance Committee meeting September 6,<br />
2011.<br />
<br />
Meeting convened at 8:37 PM (ET) a quorum being present, the Chair and<br />
Secretary being present.<br />
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Attending: Ken Aaron, Jim Boyd, Bill Crosier, Campbell Johnson, Kim<br />
Kaufman, R. Paul Martin, Tracy Rosenberg, Alex Steinberg, Barbara<br />
Whipperman, Lavarn Williams, Bruce Wolf,  also attending were Executive<br />
Director Arlene Englehardt, WPFW General Manager John Hughes, WPFW Business<br />
Manager Robert West and KPFA interim General Manager Andrew Phillips.<br />
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Agenda:<br />
<br />
1. Approve Draft Agenda<br />
2. Approve August 23 Minutes - Open Session<br />
3. WPFW - Consult re: open/closed session - Do back-up plans in session as<br />
possible<br />
4. Status on KPFK and WBAI<br />
5. KPFA Budget - Approve/Modify<br />
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<br />
Motion: (Tracy Rosenberg) "To approve the agenda." (Passed without<br />
objection)<br />
<br />
Approve August 23 Minutes - Open Session 8:40 PM (ET)<br />
<br />
A correction was made to the minutes.<br />
<br />
Motion: (Tracy Rosenberg) "To approve the minutes of the August 23, 2011,<br />
meeting as corrected." (Passed without objection)<br />
<br />
WPFW - Consult re: open/closed session - Do back-up plans in session as<br />
possible 8:44 PM (ET)<br />
<br />
The committee discussed with the WPFW General Manager and Business Director<br />
the contingency plan for WPFW's move in case the station can't raise as<br />
much revenue as projected in its draft FY12 budget.<br />
<br />
The WPFW General Manager reported that WPFW's lease expires at the end of<br />
July 2012, not November 2012.<br />
<br />
Motion: (Bruce Wolf) "That prior to the next NFC meeting on September 13,<br />
WPFW Management send to the committee, in writing, it's contingency plan as<br />
outlined to us tonight, and at that time the NFC will take up the issue of<br />
recommending the WPFW FY12 budget." (Passed without objection)<br />
<br />
Status on KPFK and WBAI 9:22 PM (ET)<br />
<br />
It was reported that the WBAI LSB has a meeting scheduled for Wednesday,<br />
September 14, 2011, at which it will consider WBAI's draft FY12  budget,<br />
but that a venue for the meeting has not been found yet.<br />
<br />
It was reported that the KPFK LSB has voted to approve its draft FY12<br />
budget and that it would be presented and voted on by the NFC at the<br />
September 13, 2011, meeting.<br />
<br />
KPFA Budget - Approve/Modify 9:34 PM (ET)<br />
<br />
The committee discussed the KPFA draft FY12 budget proposal. As per a<br />
motion passed at the previous meeting the committee considered the version<br />
of the KPFA draft FY12 budget passed by the KPFA LSB on August 20, 2011, as<br />
the definitive version. The committee discussed the details of the budget,<br />
including depreciation, which the CFO said had to be in the budgets from<br />
now on. Changes were made to the budget proposal. The fund raising efficacy<br />
of a proposed Development Director hire was discussed.<br />
<br />
Motion: (Ken Aaron) "That KPFA implement a 20% cut from it's FY11 actuals<br />
of $255,724 for CPB funding in its FY12 budget." (Passed 6 for, 3 against,<br />
1 abstention)<br />
<br />
The committee discussed adding another meeting. The Chair will ask the<br />
Chair of the PNB Programming Committee if the NFC can meet in that<br />
committee's Friday night time slot on September 9.<br />
<br />
Motion: (Bruce Wolf) "To adjourn." (Passed without objection)<br />
<br />
Adjourned 11:41 PM (ET)<br />
<br />
Submitted by R. Paul Martin, Secretary.<br />