Minutes for the regular National Finance Committee meeting September 13,<br />
2011.<br />
<br />
Meeting convened at 8:38 PM (ET) a quorum being present, the Chair and<br />
Secretary being present.<br />
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Attending:  Ken Aaron, Jim Boyd, Bill Crosier, Campbell Johnson, Kim<br />
Kaufman, R. Paul Martin, Tracy Rosenberg, Alex Steinberg, Barbara<br />
Whipperman, Lavarn Williams, Bruce Wolf,  also attending were Executive<br />
Director Arlene Englehardt, WPFW General Manager John Hughes and KPFK<br />
General Manager Bernard Duncan.<br />
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Agenda:<br />
<br />
1. Approve draft agenda<br />
2. Approve September 6, and September 9, minutes - open session<br />
3. Review and act on WPFW divisional budget<br />
4. Adjust 1925 depreciation for KPFA divisional budget<br />
5. Review and act on KPFK divisional budget<br />
6. Brief review of NFC report for in-person meeting<br />
7. KPFT depreciation<br />
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<br />
Motion: (Barbara Whipperman) "To approve the agenda." (Passed without<br />
objection)<br />
<br />
Motion: (Bill Crosier) "To add KPFT depreciation as item #7." (Passed<br />
without objection)<br />
<br />
Approve September 6, and September 9, minutes - open session 8:43 PM (ET)<br />
<br />
Motion: (Bill Crosier) "To approve the minutes of the September 6, 2011,<br />
meeting." (Passed without objection)<br />
<br />
Motion: (Bruce Wolf) "To approve the minutes of the September 9, 2011,<br />
meeting." (Passed without objection)<br />
<br />
Review and act on WPFW divisional budget 8:45 PM (ET)<br />
<br />
The committee discussed the proposed WPFW draft budget and the station's<br />
contingency plan for the WPFW move with WPFW General Manager John Hughes.<br />
The committee also discussed the depreciation in the WPFW FY12 proposed<br />
budget.<br />
<br />
Motion: (Bruce Wolf) "That the NFC recommend that the PNB approve the WPFW<br />
FY12 budget including the contingency plan." (Passed 9 for, 0 against, 1<br />
abstention)<br />
<br />
Adjust 1925 depreciation for KPFA divisional budget 9:28 PM (ET)<br />
<br />
The Chair asked that the committee swap agenda items four and five. The<br />
committee agreed.<br />
Review and act on KPFK divisional budget 9:30 PM (ET)<br />
<br />
The committee discussed the proposed KPFK draft FY12 budget. KPFK General<br />
Manager Bernard Duncan participated in the discussion.<br />
<br />
Motion: (Ken Aaron) "That the NFC recommend that the PNB approve the KPFK<br />
FY12 budget as submitted." (Passed without objection)<br />
<br />
Adjust 1925 depreciation for KPFA divisional budget 10:13 PM (ET)<br />
<br />
The Chair said that in the time since the committee approved KPFA's FY12<br />
budget a suggestion has been made to make a small adjustment to correspond<br />
to the building depreciation for 1925 MLK Way, a semi-detached building<br />
where the Pacifica Foundation offices are. The depreciation wouldn't be<br />
assessed to KPFA, but to the National Office. The committee discussed this.<br />
<br />
Brief review of NFC report for in-person meeting 10:28 PM (ET)<br />
<br />
The Chair suggested that we did not have enough time left to put together<br />
the report that the NFC should give to the in-person PNB meeting. She<br />
proposed that the committee discuss the report at it's September 15,<br />
meeting and do the WBAI FY12 budget proposal and maybe amend the KPFT FY12<br />
budget then too. The committee would also have to do the National Office<br />
budget after that.<br />
<br />
Motion: (R. Paul Martin) "To adjourn." (Passed without objection)<br />
<br />
Adjourned 10:42 PM (ET)<br />
<br />
Submitted by R. Paul Martin, Secretary.<br />
<br />