Minutes for the special National Finance Committee meeting September 15,<br />
2011.<br />
<br />
Meeting convened at 8:35 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 and WBAI General Manager Berthold Reimers.<br />
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Agenda:<br />
<br />
1. Approve draft agenda<br />
2. Houston modification<br />
3. KPFA modification<br />
4. WBAI draft FY12 budget review special order 9:15 PM (ET)<br />
5. National/Consolidated Schedule<br />
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<br />
Motion: (Tracy Rosenberg) "To approve the agenda." (Passed without<br />
objection)<br />
<br />
Houston modification 8:41 PM (ET)<br />
<br />
The KPFT Treasurer said that an event that was not revenue producing would<br />
be removed from the budget and that the corporate match had been severely<br />
underestimated. The changes would still leave KPFT with surplus at the end<br />
of FY12 of about $5,000 to $6,000. The committee discussed this proposal.<br />
<br />
Motion: (Tracy Rosenberg) "To approve the modifications for the KPFT FY12<br />
budget." (Passed without objection)<br />
<br />
KPFA modification 8:47 PM (ET)<br />
<br />
The committee again discussed the idea of putting the depreciation of<br />
building improvements at 1925 MLK Way in the National Office FY12 budget,<br />
not the KPFA FY12 budget.<br />
<br />
WBAI draft FY12 budget review 9:06 PM (ET)<br />
<br />
The committee discussed at length the WBAI FY12 budget proposal. It was<br />
noted that due to not finding a meeting space the WBAI LSB had not passed<br />
the draft budget. Participating in the discussion was WBAI General Manager<br />
Berthold Reimers. The committee made a number of changes to the draft<br />
budget proposal.<br />
<br />
Motion: (Tracy Rosenberg) "To recommend to the PNB the noted modifications<br />
to balance the WBAI FY12 budget submitted by R. Paul Martin and the WBAI<br />
Finance Committee with a letter from the WBAI General Manager due no later<br />
than September 19, 2011, at 8:00 PM (ET) acknowledging WBAI's<br />
responsibility to pay shared services at the agreed upon rate of 19.5%."<br />
(Passed 6 for, 0 against, 4 abstentions)<br />
<br />
Motion: (R. Paul Martin) "To adjourn." (Passed without objection)<br />
<br />
Adjourned 12:42 AM (ET), September 16, 2011.<br />
<br />
Submitted by R. Paul Martin, Secretary.<br />
<br />