Minutes for the regular National Finance Committee meeting March 23, 2010.<br />
<br />
Meeting convened at 8:36 PM (ET) a quorum being present, the Chair and<br />
Secretary being present.<br />
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Attending: Alonzo Brown, Alberto Luera, R. Paul Martin, Simon Pius, Summer<br />
Reece, Tracy Rosenberg, Alex Steinberg, Lavarn Williams, Bruce Wolf<br />
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Agenda:<br />
<br />
Roll call<br />
Establish quorum<br />
Call the meeting to order<br />
Approve Agenda<br />
Review and discuss 1st quarter actuals vs. budget for KPFA, KPFK, WPFW (30<br />
min each)<br />
- With possible reports from IGMs or Business Manager(s) from those signal<br />
areas<br />
Report from LaVarn Williams (30 min)<br />
Schedule Next Meeting <br />
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<br />
Motion: (Summer Reece) "To approve the agenda" (passed without objection)<br />
<br />
Review and discuss 1st quarter actuals vs. budget for KPFA 8:41 PM (ET)<br />
<br />
	The committee reviewed and discussed KPFK's compliance with its FY10<br />
budget. ED Arlene Engleheart participated.<br />
	CFO Lavarn Williams reported that the audit was finally done.<br />
	The committee asked for more information regarding Staff, maybe in<br />
executive session. The ED said she'd get that information.<br />
<br />
Review and discuss 1st quarter actuals vs. budget for WPFW 9:31 PM (ET)<br />
<br />
	The committee reviewed and discussed KPFK's compliance with its FY10<br />
budget. The CFO reported that WPFW's revenue was about $50,000 off,<br />
blizzard during their on-air fund raiser was a factor. The CFO said there<br />
would be more on the next NFC call.<br />
<br />
Review and discuss 1st quarter actuals vs. budget for KPFK 9:57 PM (ET)<br />
<br />
	The CFO reported that drive timing was an issue for KPFK. Their drive was<br />
budgeted to have started in January, but was not started until February,<br />
she expects listener support to be at or above budget by the end of the<br />
second quarter. The ED said that there was another item for executive<br />
session.<br />
<br />
Schedule Next Meeting 10:21 PM (ET)<br />
<br />
Motion: (Summer Reece) "To meet on April 6, and April 20." (Passed without<br />
objection)<br />
<br />
Motion: (Summer Reece) "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 />