Draft Minutes for the regular National Finance Committee meeting November 15,
2016.

Meeting convened at 8:34 PM (ET) a quorum being present, the Chair and
Secretary being present.
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Attending: Nick Arena, Fred Blair, Adriana Casenave, Joseph Davis, R. Paul
Martin (Secretary), Tony Norman, Michael Novick (Chair), Cerene Roberts,
Barbara Whipperman and Director Nancy Sorden as an observer.
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Agenda:

Call to Order
Roll Call
Selection of time keeper
Agenda Approval (10 minutes)
Minutes Approval (5 minutes)
Audit Update (10 minutes)
Review of SCA motion approved by PNB (30 minutes)
Review of KPFT budget approved by KPFT LSB (45 minutes)
New Business (20 minutes)
Scheduling of additional meetings and budget reviews (10 minutes)
Adjournment
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Motion: (Barbara Whipperman) "To approve the agenda." (Passed without objection
as amended)

The Committee discussed the motion.

Amendment: (R. Paul Martin) "To add 'Audit Update' for10 minutes after Minutes
Approval." (Passed 4 for, 3 against, 2 abstentions)

The committee discussed the amendment.

Minutes Approval 8:47 PM (ET)

Motion: (R. Paul Martin) "To approve the minutes of the September 27, 2016
public session meeting." (Passed 5 for, 0 against, 4 abstentions)

Audit Update 8:50 PM (ET)

The Chair reported that the auditors had been paid an additional $10,000 on
Friday and one of the auditors had told him that it would be released. The
Chair didn't know if it had been received at the National Office. A member said
that the interim Executive Director had said that there was still about $10,000
outstanding. The Chair said that the interim Executive Director had said that
it would be released and that there would be no "going concern" statement
included with the audit.

Point of Order: (Adriana Casenave) "Members need to ask for permission to speak
and should mention their names. It's difficult to know who's talking."

The Chair agreed with the point of order and asked members to state their names
when speaking.

There was a question as to when the audit would be released and if Pacifica had
paid $50,000 for the 990 forms.

Point of Order: (Adriana Casenave) "I don't understand what we're doing here."

The Chair said the question did not relate to the agenda item, and that the
audit had been released on November 11. The Chair said he'd looked at the
Pacifica Web site and the audit had not been posted yet.

There was a discussion regarding if it was in order for the NFC to discuss the
expense of the audit.

Review of SCA motion approved by PNB 8:58 PM (ET)

The Chair read the following motion that had been approved by the PNB.

"SCA (SUBCARRIER) MOTION

Subsidiary Communications Authority (SCA) Income, informally referred to as a
station's 'subcarrier(s)' rental is currently applied to the National Office
budget before individual stations' monthly Central Service payments/shared
services are assessed and therefore has the effect of reducing the overall
amount due to the National Office from all the stations.

We are a family of stations and should collaborate with and support each other,
however, the present application of SCA income obscures the contribution of
individual stations and deprives individual stations of the ability to use
subcarrier rental to offset the sometimes significant cost of using the space
where the station's antenna/transmitter is located; therefore,

Be it hereby resolved, that effective January 1, 2017, while all payments will
continue to be collected by the National Office, ninety-five percent (95%) of
SCA* rental fees for use of any station's subcarriers and/or High Definition
channels shall be credited to that station's Central Services accounts with the
National Office as described below and the remaining five percent (5%) shall be
retained by the National Office for such purposes as equipment, accounting, and
legal and other related services:

Where a station owes itemized and documented Central Service payments to the
National Office, 75% of each rental payment received by the National Office
will be applied to the arrears and 20% to current Central Service changes.

Where a station is current on its itemized and documented Central Service
payments to the National Office, the full 95% of each rental payment received
by the National Office will be applied to current Central Service charges.

Further, the Interim Executive Director is to provide confidential copy of all
existing contracts to the respective General Manager and to the PNB within 30
days of passage of this motion, and

That an accounting of all SCA related income and expense since January 2009
including billing and payment of legal and collection fees, and maintenance and
upgrade costs, and any other expense, be submitted to the respective General
Manager and the PNB within 75 days of its passage of this motion, and further

The PNB shall be allowed a review period of up to 20 days for all pending and
each future contracts."

The Committee discussed the SCA motion that had been passed by the PNB. There
was a discussion of whether the committee needed to go into executive session
to discuss the specific details of this motion.

Point of Order: (Adriana Casenave) "Call for the orders of the day." 9:31 PM
(ET)

The Chair said he'd talk to the National Office financial Staff about the
figures.

Review of KPFT budget approved by KPFT LSB 9:32 PM (ET)

The Chair asked the committee if it should consider this draft budget proposal
at this time since neither the General Manager nor the Business Manager from
KPFT were on the call.

The committee discussed the KPFT draft FY17 budget. Concerns were raised about
Listener Support being lower than in the past. KPFT will not have a Program
Director for FY17. A point was raised that some of the figures between the
draft budget and some other financial documents from the National Office not
matching.

New Business 10:15 PM (ET)

The committee discussed whether the KPFA draft FY17 budget would need to be re-
done by the KPFA Business Manager in light of the SCA motion passed by the PNB.
There was a discussion of getting the WPFW and WBAI draft FY17 budgets before
the committee soon.

Motion: (Cerene Roberts) "That the NFC Chair shall coordinate with network
station management to schedule their appearances at NFC meetings to discuss the
budgets." (Passed without objection)
The Committee discussed the motion.

Motion: (Cerene Roberts) "To hold a closed session meeting at 10:30 PM (ET) on
November 22, 2016, and to hold a closed session meeting at 10:00 PM (ET) on
November 29, 2016."

The Committee discussed the motion.

Motion: (R. Paul Martin) "To divide." (Demand of a single member compels
specified separate vote)

Motion: (Cerene Roberts) "To hold a closed session meeting at 10:30 PM (ET) on
November 22, 2016." (Passed 4 for, 3 against, 1 abstention)

Motion: (Cerene Roberts) "To hold a closed session meeting at 10:00 PM (ET) on
November 29, 2016." (Passed without objection)

Motion: (Cerene Roberts) "To adjourn." (Passed without objection)

Adjourned 10:31 PM (ET)

Submitted by R. Paul Martin, Secretary.