Minutes for the adjourned National Finance Committee meeting October 20,<br />
2011.<br />
<br />
Meeting convened at 8:35 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, Marcus Jetter, Campbell<br />
Johnson, Kim Kaufman, R. Paul Martin, Tracy Rosenberg, Alex Steinberg,<br />
Barbara Whipperman, Lavarn Williams, also attending was Executive Director<br />
Arlene Englehardt.<br />
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Agenda:<br />
<br />
1. Approve/Act NO Budget<br />
2. Approve/Act Cons Budget (if possible)<br />
3. Meeting Dates/ Agenda for the Rest of the Year<br />
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<br />
The Chair noted that since this is an adjourned meeting the agenda has<br />
already been set.<br />
<br />
The Chair welcomed Marcus Jetter who is the new Treasurer of WPFW to the<br />
meeting.<br />
<br />
Approve/Act NO Budget 8:40 PM (ET)<br />
<br />
The committee discussed the National Office draft FY12 budget proposal. The<br />
CFO reported that the amount for employee parking is included along with<br />
other things in the "Office & Supplies Exp" line in the draft budget, which<br />
is line 64 in the spreadsheet and line 6600 in the General Ledger. The<br />
total amount for that line is $12,900. The Executive Director said that she<br />
had discussed the employee parking compensation with an attorney and he<br />
said that as long as it doesn't exceed $150 per employee per month it's not<br />
a problem to include it in this line. The committee continued the<br />
discussion of the budget proposal.<br />
<br />
Motion: (Bill Crosier) "To recommend to the PNB that it approve the<br />
National Office FY12 budget as presented." (Passed 8 for, 1 against, 2<br />
abstentions)<br />
<br />
Approve/Act Cons Budget 9:40 PM (ET)<br />
<br />
The committee discussed the draft FY12 consolidated budget for the Pacifica<br />
Foundation.<br />
<br />
Motion: (Jim Boyd) "That the FY12 Consolidated Budget be approved, and the<br />
NFC recommends that the PNB approve it." (Passed 8 for, 1 against, 2<br />
abstentions)<br />
<br />
Meeting Dates/ Agenda for the Rest of the Year 10:05 PM (ET)<br />
<br />
Motion: (Ken Aaron) "To cancel the December 27, 2011, NFC meeting." (Passed<br />
without objection)<br />
<br />
The Chair called for a discussion of future agenda items. The committee<br />
members suggested central file servers, consistent file name conventions,<br />
on-air fund raiser receipts, updating training issues for Business Managers<br />
around templates, etc., and the accounting platform. In addition the<br />
committee will hear reports on the FY11 budget to actual compliance for<br />
each station.<br />
<br />
Motion: (R. Paul Martin) "To adjourn to executive session." (Passed without<br />
objection)<br />
<br />
Adjourned 10:30 PM (ET)<br />
<br />
Submitted by R. Paul Martin, Secretary.<br />