KPFK Local Station Board Finance Committee

Meeting Minutes of March 14, 2011

(draft minutes - not approved)

The regular, monthly meeting of the KPFK LSB Finance Committee was held on
Monday, March 14, 2011 at 7:44 PM at Radio Station KPFK, 3729 Cahuenga Blvd.
West, North Hollywood, California, CA 91604-3504. Kim Kaufman served as Chair.
John P. Garry III served as Secretary Pro-Tem. No minutes were approved. No
motions were passed.

LSB member-attendees: Ken Aaron (arrived 8:05), Fred Blair, Leonard Isenberg,
Kim Kaufman, Brenda Medina, Margie Murray, Martina Steiner.

Public member-attendees: Douglas Barnett (arrived 8:25), Marla Bernstein
(arrived 8:25), John De Simio, Israel Feuer, John P. Garry III, Maria de
Lourdes Gonzalez (left 9:18).

Authority and Notice: This meeting was authorized by the Finance Committee at
its previous meeting (January 31, 2011). Specific notice was posted on the and other websites beginning on March 5, 2011 (see Appendix A).

The meeting was called to order by the chair at 7:44 PM. There was no agenda.

"FY2010 Income Statement and FY2011 Budget" and "February 2011 Financials" were
handed out and discussed.

Garry moved (as amended by Kaufman) to set time for adjournment at 9:30 PM.
Passed by unanimous consent.

Steiner distributed "Pacifica Foundation-KPFK Detailed Trial Balance for 2010"
(LSB expenses section), followed by discussion.

Medina moved to cut the LSB budget in half and to come up with two free or
inexpensive LSB meeting venues for the future by Saturday. No vote taken due to
of adjournment.

Meeting extended five minutes by majority voice vote, with one abstention.

A motion to substitute from Murray: to eliminate the LSB food budget, retain
the paid Secretary position, and commit to find less expensive LSB meeting
venues. Motion failed by hand vote: Yes-5 No-5 Abstention-1.

Meeting adjourned by the Chair at 9:40 PM.

Respectfully submitted by John P. Garry III, Finance Committee Secretary Pro-
(these minutes have not been approved)

APPENDIX A-Meeting Notice

Emailed by Terry Goodman on Sat, March 5, 2011 4:50:34 AM

The KPFK Local Station Board Finance Committee will meet on Monday,
March 14, 2011 beginning at 7:30 pm in the downstairs Conference Room
at KPFK, 3729 Cahuenga Blvd. West, North Hollywood, CA 91604, 3/4
block southeast of the intersection of Lankershim and Ventura Blvds.
Main phone: (818) 985-2711.