Pacifica National Board
Finance Committee Meeting
May 4, 2006

The meeting was called to order at 5:17 p.m. pacific standard time by LaVarn
Williams, Chair.

Attendance
Present: David Adelson, Baruti Bediako, Jane Gatewood, Patty Heffley, Lonnie
Hicks, Casey McFall, Sandra Rawline, LaVarn Williams

Guest: Greg Guma, Executive Director

Absent: Brian Edwards-Tiekert, Ambrose Lane, Sandy Weinmann

Approval of Agenda
The following changes were made to the agenda:
1. Move Review of Financial Statements to #4 on Agenda
2. Add review of budget calendar to immediately after review of
financials.
3. Add discussion of budget priorities.
Approved as amended without objection.

Approved Agenda:
1) Roll Call and approval of agenda (5 minutes)
2) Scheduling of next meeting (5 minutes)
3) Approval of Minutes (5 minutes)
4) Review of Financial Statements
a) Review of Budget Calendar
b) Budget Priorities
5) Status of motions submitted at Jan and Mar 06 PNB meetings (30
minutes)
a) GM expense reimbursement procedures - Hicks is working on
implementation plan to be brought to NFC for review
b) Dotted line reporting relationship from station
business manager to CFO
c) National Spanish Language budget
d) Motion to convene national finance staff including treasurers,
Business Managers and National Staff as appropriate
e) Motion: At or before the June PNB meeting, that the CFO and NFC
chair will convene a conference call with the NFC, Business Mgrs and
appropriate national staff to identify budget and financial issues
for forwarding to the PNB. Submitted by Hicks
f) Original motion to convene national finance staff including
treasurers, Business Managers and National Staff as appropriate.
Submitted by Williams
g) Motion: That the NFC recommends that the PNB authorize the Chief
Financial Officer to procure corporate credit cards for the National
Office and each station; and that the CFO provide the PNB with
details concerning all controls and credit limits placed on the use
of those cards. Submitted by Adelson
h) Motion: 2006-07 Budget and the Budget Calendar (see
below)
6) Status of motions approved at NFC Meetings (10 minutes)
a) Original motion to convene national finance staff including
treasurers, Business Managers and National Staff as appropriate.
b) At or before the June PNB meeting, that the CFO and NFC chair
will convene a conference call with the NFC, Business Mgrs and
appropriate national staff to identify budget and financial issues
for forwarding to the PNB.
c) Motion to include topic of an investment oversight
committee.
d) Motion to address the question of how to develop a National
Capital Campaign.
7) National Finance Committee Goals and Timeline (10 minutes)
8) New Business (10 minutes)
a) KPFT's request for funds so that our GM and Engineer can place
the order for the new (much needed) transmitter (10 minutes)
9) Adjourn

Scheduling of Next Meeting
The next meeting was scheduled for May 25, 2006 at 5 p.m. Pacific Standard
Time. The meeting agenda will focus on the review and discussion of budget
priorities in the National Office and the Pacific Radio Archives.

Approval of Minutes
Minutes for the March 20, 2006 meeting were postponed to the next meeting.

New Business
Motion by Rawline, that the National Finance Committee recommends that, on or
before May 17, 2006, the Pacifica National Board authorize KPFT to use existing
cash on hand in the amount of $27,500.00 for a deposit on a new 100,000 watt
transmitter. The total cost of the transmitter is anticipated to be $65,000.
Additional funds beyond the deposit will be provided through a capital campaign
and/or a CPB grant. The expenditure will not interfere with KPFT's ability to
end the fiscal year with a one month operating surplus.

Approved without objection.

Motion by Adelson to adjourn.
Approved without objection.

The meeting was adjourned at 7:47 p.m. pacific standard time.

.Respectfully submitted,

Casey McFall
Secretary
These minutes were approved on 11/29/07.