Minutes for the special National Finance Committee meeting October 16, 2013.<br><br>Meeting convened at 8:39 PM (ET) a<br />
quorum being present, the Chair and Secretary being<br />
present.<br>----------------------------------------------------------------------------------------------------<br>Attending:<br />
Jim Boyd, John Cromshow, Marcus Jetter, R. Paul Martin (Secretary), Tony Norman, Michael Novick, Tracy Rosenberg<br />
(Chair), Raul Salvador (CFO), Richard Uzzell, also attending were Interim Executive Director Summer Reese and Pacifica<br />
Radio Archive Director Brian<br />
DeShazor.<br>----------------------------------------------------------------------------------------------------<br><br>National<br />
Office FY14 budget Proposal 8:44 PM (ET)<br><br>The committee received the National Office FY14 budget proposal just<br />
after the meeting had started. The Pacifica Radio Archives (PRA) FY14 budget proposal was sent to the committee later in<br />
the meeting.<br><br>The interim Executive Director reported that the National Office FY14 budget proposal called for<br />
expenses for two PNB in-person meetings instead of four. They are budgeting 50% of “Shared Expenses” for WPFW and 20%<br />
for WBAI. The contract with Democracy Now! is expired and the expenses for that contract are being put in the budget at<br />
the last contract’s rate, but Pacifica Management will attempt to negotiate a 50% reduction in the annual Democracy Now!<br />
fees. The entire budget proposal is based on last year’s actuals.<br><br>The CFO said that the National Office was<br />
projecting a deficit of $193,248 owing to the proposed hiring of a Human Resources Director and a National Program<br />
Director. With other adjustments and the lowering of the Democracy Now! fees it is projected that the National Office<br />
FY14 budget proposal will show a surplus of $11,854.<br><br>The committee discussed the budget proposal. It was felt by<br />
some that the committee had seen the written proposal too recently and needed more time to study the spreadsheets. It<br />
was also felt that the legal expenses were too low. The current WBAI and WPFW on-air fund raisers were discussed. The<br />
affordability of hiring of a Human Resources Director and a National Program Director was discussed. The possibilities<br />
of getting various grants were discussed.<br><br>The committee agreed to continue its consideration of the National<br />
Office FY14 budget proposal, and start consideration of the PRA FY14 budget proposal, at the regular meeting on October<br />
22.<br><br>Adjourned 11:18 PM (ET)<br><br>Submitted by R. Paul Martin, Secretary.