Minutes for the special National Finance Committee meeting September 4, 2012.<br />
<br />
Meeting convened at 8:36 PM (ET) a quorum being present, the Chair and Secretary being present.<br />
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Attending: Ken Aaron, Jim Boyd, Bill Crosier, Kim Kaufman, R. Paul Martin, Tracy Rosenberg, Alex Steinberg, Barbara<br />
Whipperman, Also attending were acting Executive Director Summer Reese and KPFK General Manager Bernard Duncan.<br />
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Agenda:<br />
<br />
The KPFK FY13 draft budget<br />
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<br />
Motion: (Kim Kaufman) “To approve the agenda.” (Passed without objection)<br />
<br />
The KPFK Treasurer presented her findings with regard to the draft FY13 KPFK budget. She has produced her own<br />
assumptions sheet based on approximations. She told the committee that the one which had been supplied didn’t look<br />
right. The committee discussed this.<br />
<br />
KPFK General Manager Bernard Duncan joined the call while on the road.<br />
<br />
The KPFK General Manager and the KPFK Treasurer had arrived at different totals for some line items. There appears to be<br />
a problem with how several revenue lines are calculated in the draft budget proposal. There appear to have been<br />
increases in personnel costs during FY12. The committee discussed the budget proposal and tried to determine accurate<br />
amounts for the line items.<br />
<br />
Concerns were raised regarding KPFK’s ability to buy and install a new transmitter during FY13, especially in light of<br />
increased personnel costs. Raising the capital for a new transmitter was discussed. The committee discussed how KPFK<br />
would pay its “Shared Services,” which are currently in arrears.<br />
<br />
The issue of KPFK and KPFA having somewhat different on-air fund raiser dates but sharing some programming was briefly<br />
discussed.<br />
<br />
The committee agreed to schedule a special meeting for September 10, 2012, to continue discussing this budget proposal.<br />
<br />
Adjourned 10:14 PM (ET)<br />
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Submitted by R. Paul Martin, Secretary.