Minutes for the regular National Finance Committee meeting September 29, 2015.

Meeting convened at 9:16 PM (ET) a quorum being present, the Chair and
Secretary being present.
Attending: Lydia Brazon, Adriana Casenave, Bill Crosier, Brian Edwards-Tiekert
(Chair), R. Paul Martin (Secretary), Tony Norman, Michael Novick, Cerene
Roberts, also attending were Executive Director John Profitt, Efren Llarinas,
National Office Financial Planning and Analysis Manager, KPFT General Manager,
Duane Bradley, KPFT Business Manager Markisha Venzant Sampson and Leslie
Radford, KPFK General Manager.

Call to Order (5 minutes)

Agenda Approval (5 minutes)

Minutes Approval (5 minutes)
Minutes of September 15, 2015
Minutes of September 22, 2015

Budget Review and Approval
National Office (30 minutes)
Pacifica Radio Archive (30 minutes)

First Review of station budgets:
WPFW [15 minutes]

Second Review of station budgets:
KPFT time certain: 9:30 PM (ET) (10 minutes)
WBAI (10 minutes)

Third Review of station budgets:
KPFK time certain: 10:00 PM (ET) (10 minutes)

5. Adjourn 11:15 PM (ET)--------------------------------------------------------

The committee discussed having an additional meeting.

Motion: (Brian Edwards-Tiekert) "To meet on October 20, 2015, at 8:30 PM (ET)."

Amendment: (Michael Novick) "To meet on October 19, 2015." (passed 4 for, 1
against, 3 abstentions)

Motion as amended: "To meet on October 19, 2015, at 8:30 PM (ET)." (Passed
without objection)

Motion: (Lydia Brazon) "To approve the agenda." (Passed without objection as

Amendment: (Brian Edwards-Tiekert) "To set a time certain of 10:15 PM (ET) for
the review of the KPFK budget."

Amendment: (Cerene Roberts) "Make it 10:00 PM (ET)." (Passed without objection)

Amendment as amended: "To set a time certain of 10:00 PM (ET) for the review of
the KPFK budget." (Passed without objection)

Second Review of station budgets 9:32 PM (ET)

KPFT 9:32 PM (ET)

There was disagreement regarding which version of the KPFT draft FY16 budget
was to be presented to the committee.

Motion: (Adriana Casenave) "To postpone this item to the next meeting." (Passed
without objection)

Minutes Approval 9:51 PM (ET)

There were no draft minutes awaiting approval.

Budget Review and Approval 9:51 PM (ET)

National Office 9:51 PM (ET)

The National Office Financial Planning and Analysis Manager reported that he
hadn't been able to attend to the National Office draft FY16 budget.

The Executive Director said that he and the National Office Financial Planning
and Analysis Manager had been supervising the completion of the Pacifica Radio
Archives draft FY16 budget. The Central Services fees and station information
were proving hard to obtain. It was suggested that PRA use the Cental Services
figures from the last three years to start.

The Chair had to leave the meeting, Tony Norman agreed to chair the rest of the
meeting, and assumed the chair. 9:57 PM (ET)

Third Review of station budgets 10:00 PM (ET)

KPFK 10:00 PM (ET)
The KPFK Treasurer said that changes made to the KPFK draft FY16 budget
included some reductions in salaries, not filling some open positions, and
filling some at half time. The draft budget proposes 102 days of on-air fund
raising, and sets the fulfillment rate in the 82% range.

The KPFK General Manager said that they had pulled all grants and expenses
related to grants from the draft budget, had pulled sustainers, had reduced car
donations, had reduced salaries for new hires, included the month of December
in the temporary hours reduction and had included all vendors' payables.

The committee discussed the KPFK draft FY16 budget proposal. There was a
discussion about where to put back payments for Central Services fees that KPFK
doesn't meet this year. KPFK is budgeting for two elections in FY16, and for
more for community events than in FY15. Overall expenses have been lowered in
the draft budget by about $350,000, revenue is projected to be about the same
as in FY15. There was a discussion of the impact on fund raising of cutting
personnel so much. The KPFK General Manager said that if people wanted more
cuts she was open to making them but she didn't see where more cuts could be
made. The KPFK LSB has passed a motion to have a Fund Raising Committee, which
they hope will raise significant revenue. The impact of past indebtedness was
discussed. The KPFK FY15 budget had projected a $200,000 surplus which was
supposed to have been used to pay down past debt, but that surplus did not
materialize. The efficacy of "flash drives, " short, on-air fund raisers, was
discussed. There can be no further layoffs at KPFK while there are workers on
the California Work Share program. Some ideas for KPFK's draft budget were
discussed. Committee members wanted to study the KPFK draft FY16 budget more,
ask more questions and see what the results of the changes that were discussed
would be.

Adjourned 10:59 PM (ET)

Submitted by R. Paul Martin, Secretary.