Minutes for the regular National Finance Committee meeting October 22, 2013.<br><br>Meeting convened at 8:41 PM (ET) a<br />
quorum being present, the Chair and Secretary being<br />
present.<br>----------------------------------------------------------------------------------------------------<br>Attending:<br />
Jim Boyd, John Cromshow, R. Paul Martin (Secretary), Tony Norman, Tracy Rosenberg (Chair), Manijeh Saba, Raul Salvador<br />
(CFO), Richard Uzzell, Barbara Whipperman, also attending were Interim Executive Director Summer Reese and Pacifica<br />
Radio Archive Director Brian<br />
DeShazor.<br>----------------------------------------------------------------------------------------------------<br>Agenda:<br><br>Approve<br />
Minutes<br>Continue Consideration of the National Office FY14 Draft Budget<br>Pacifica Radio Archives FY14 Draft Budget<br />
- special item for 9:30 PM<br />
(ET)<br>----------------------------------------------------------------------------------------------------<br><br>Motion:<br />
(Richard Uzzell) “To approve the agenda.” (Passed without objection)<br><br>Approve Minutes 8:45 PM (ET)<br><br>Motion:<br />
(Tracy Rosenberg) “To approve the minutes of the September 18, 2013, September 19, 2013, September 24, 2013, September<br />
27, 2013, and October 16, 2013, meetings, with the spelling of Barbara Whipperman’s name corrected.” (Passed 6 for, 0<br />
against, 1 abstention)<br><br>Continue Consideration of the National Office FY14 Draft Budget 8:51 PM (ET)<br><br>The<br />
interim Executive Director recapped what the committee had discussed on this topic at the previous meeting. She<br />
explained that the National Office budget proposal was very conservative on “Shared Services,” and that WPFW and WBAI<br />
were doing better in their current on-air fund raisers than they had in the recent past.<br><br>The committee discussed<br />
the budget proposal.<br><br>The time for the special agenda item arrived and the committee agreed to go to the special<br />
item and resume discussion of the National Office FY14 budget proposal after the next item was disposed<br />
of.<br><br>Pacifica Radio Archives FY14 Draft Budget 9:33 PM (ET)<br><br>The Director of the Pacifica Radio Archives<br />
(PRA), the interim Executive Director and the CFO presented the PRA draft FY14 budget proposal to the committee. PRA<br />
projects an end of year surplus of $84,684 with revenue from a targeted appeal letter for PRA, car donations,<br />
monetization of part of the collection and grants, along with Shared Services and on-air fund raiser days dedicated to<br />
PRA. There are eight FTEs, some of which will not persist from all of FY14. The Chair noted that the spreadsheets given<br />
to the NFC need to show all of the details, with nothing blacked out, as was done with some details in this budget<br />
spreadsheet.<br><br>The committee discussed the PRA draft budget proposal. The CFO said that Shared Services revenue for<br />
PRA has been produced on the same theory as for the National Office, with WPFW sending in 50% of its Shared Services and<br />
WBAI sending in 20%. <br><br>Continue Consideration of the National Office FY14 Draft Budget 10:06 PM (ET)<br><br>The<br />
committee resumed its consideration of this item.<br><br>It was agreed that any increase in National Office personnel<br />
would be contingent on the Executive Director being able to raise the money for those positions in some way, including<br />
negotiating lower rates for national programming contracts.<br><br>The Chair said she needed some time to make the<br />
calculations and asked the Secretary to take the chair for that time.<br><br>At 10:28 PM (ET) the Secretary took the<br />
chair.<br><br>Discussion of the draft budgets continued.<br><br>Motion: (Richard Uzzell) “The NFC approves the PRA FY14<br />
budget, with an additional $47,000 from 100% payment of Shared Services and recommends its approval to the PNB.” (Passed<br />
without objection)<br><br>Motion: (R. Paul Martin) “That the committee recess for six minutes.” (Passed without<br />
objection) 10:39 PM (ET)<br><br>At 10:45 PM (ET) the acting chair called the committee to order.<br><br>Discussion of<br />
the National Office draft FY14 budget continued.<br><br>At 10:55 PM (ET) the Chair resumed the chair.<br><br>The<br />
committee discussed the Chair’s proposed changes to the National Office FY14 budget proposal.<br><br>Motion: (Jim Boyd)<br />
“To approve the National Office FY14 budget as amended and recommend it to the PNB.” (Passed without<br />
objection)<br><br>It was noted that the NFC has a special meeting scheduled for October 29, 2013.<br><br>Adjourned 11:07<br />
PM (ET)<br><br>Submitted by R. Paul Martin, Secretary.