2021-05-04 KPFT Finance Cmte Minutes
1. Call to order - Roll Call (5 min)
of permanent secretary (10 min)
3. Minutes approval for March 2021 and April 2021 (10 min)
4. Management report
of current financial state, includes: cash on hand, cash ‘burn’ rate, expenses for May (note any exceptional or
unusual expenses, May fund drive goals and expectations, progress on licensee renewal (10 min)
4A. Q&A on financial
state report (10 min)
5. Management presentation of initial 2022 budget using ‘standard’ Pacifica budget
template. Highlighting of the changes from 2021 budget (15 min) 5A Q&A on draft budget (25 min)
6. Public comment
7. Selection of meeting date for June 2021 ... suggested date June 8 (3 min)
2021-05-04 KPFT Finance Cmte Minutes
1. The meeting was called to order at 4:25pm CT. Present: Teresa
Allen, David Baes (ex officio non-voting), Adriana Casenave, Bill Crosier, Lynden Foley, Wally James, DeWayne Lark, Mike
Lewis, Marianne Martinez, Susie Moreno, Sandra Rawline, Nancy Saibara-Naritomi, Wendy Schroell, Markisha Venzant-Sampson
(ex officio non-voting), Richard Uzzell, Rita Washington, Sandy Weinmann, Ted Weisgal, Egberto Willies. T. Allen
requests excused absence for Robert Gartner. Passed without objection.
2. Election of permanent Secretary (10 min)
S. Weinmann asks that T. Allen continue as Secretary Pro Tem. T. Weisgal moves that GM & Business Mgr. be listed as ex
officio non-voting members, that the phone# & agenda be listed on KPFTx. T. Allen asked if Cmte. has any objections to
listing the phone# on KPFTx. Discussion, T. Allen will serve as Secretary Pro Tem. Passed without objection.
Allen moved to approve 2021-03-09 minutes. Approved without objection. L. Foley moved to approve the 2021-04-06
minutes. Approved without objection.
4. Management report of current financial state, includes: cash on hand, cash
‘burn’ rate, expenses for May (note any exceptional or unusual expenses, May fund drive goals and expectations,
progress on licensee renewal. M. Venzant-Sampson said $72K on hand, $65k/m including Central Services. Pledge drive
4A. Q&A on financial state report
*KPFT is $120K in arrears to Central Services.
Drive Goal is $200K. GM intends to NOT go off the air at all. Filed all paperwork for license renewal on March 30, 2021
(usually takes 3-6 months for turn-around on approval) for 1.) broadcast signal for 90.1fm, 2.) translator in
Huntsville, 3.) Galveston, & 4.) to the studio to transmitter link have been submitted. We will see significant cuts in
internet costs (@$12K savings).
*We have 3 paid staff (GM, Business Mgr. & Engineer) & 1 contractor (Membership).
Salary information can be found on the 990.
*GM/Engineer Mo Thomas was sent to Houston on order of the iED. Antenna
repairs are scheduled 3 weeks in advance—regardless of weather.
*GM says 3 people contributed hours toward the
improved website. We are soliciting in-kind volunteer gifts and hours, in addition to the contributions of 190
*B. Crosier said consider need for more outreach money as we plan more events.
*S. Moreno & T. Allen
offered to call lapsed donors. GM said contact the Development Dir.
*R. Washington wants to reach out to businesses
to be donors; GM said will help seek underwriters.
*GM expects to have an inexpensive phone service as first priority
now and correcting phone# on PSA’s.
*T. Allen asked that we pay no credit card late fees, service charges or
interest moving forward. Business Mgr. says that we have incurred credit card finance charges in the past; she will get
total we paid last year to the Treasurer.
*GM said that he is ready for community sponsorships/underwriters on
air (D. Lark says there is a moratorium on underwriting, but feels KPFT capable of it successfully).
*GM said we
don’t charge for PSAs.
*GM wants more use of updated website and links to Twitter, Instagram, etc.
Report has been sent to the iED. Major obstacles to repair the building; ex. GM met with a plumbing team this morning-
every major pipe has leaks; can’t even put in a water heater.
*T. Weisgal wonders if “Mail Fund Drive” is worth
the effort; suggests we put more info on our solicitation letters (like our program grid). Bus. Mgr, said all funds
from mailings are listed under Listener Support and studies show that simple letters are more effective.
strictly enforcing punishment for plugola, payola and obscenity.
*T. Weisgal will introduce 2 items for next
month’s agenda; will email to the Cmte.
5. Management presentation of initial 2022 budget using ‘standard’
Pacifica budget template. Highlighting of the changes from 2021 budget (15 min) 5A Q&A on draft budget: discussion at
our June meeting.
6. Public comment (10 min) none
7. Selection of meeting date for June 15, 2021 at 6:30pm CT. No
8. R. Uzzell moved to adjourn. Meeting adjourned at 6:16pm CT.
J. Allen, Secretary Pro Tem
2021-06-03; approved 2021-06-15