Pacifica National Board
Finance Committee Meeting - September 13, 2007

MINUTES

A regular meeting of the PNB Finance Committee was called to order at 5:35 pm
PDT by Chair LaVarn Williams on September 13, 2007 with Terry Goodman serving
as Secretary, this meeting having been scheduled pursuant to a motion adopted
on August 29, 2007. The minutes of 8/23/07 and 8/29/07 were approved.


Attendance

Present: Baruti Bediako, Brian Edwards-Tiekert, Jane Gatewood (left at 7:58),
Terry Goodman, Lonnie Hicks, Sandra Rawline, and LaVarn Williams.
Absent: Dave Adelson, Mike Martin, Berthold Reimers, and Thomas Ruffin.

Revised Agenda
1) Roll Call, Approval of Agenda (5 minutes)
2) Approval of Minutes (2 minutes)
3) Next Meeting (5 minutes)
4) CFO Report and Approved 2008 Budgets (50 minutes)
5) Motions Approved in July PNB Meeting
6) Motions Referred to NFC by PNB
7) Financial Policies & Procedures Manual
8) Web Work Consolidation
9) New Business (2 minutes)
10) Adjournment
** Times are for guidance only **

1. Roll Call and Approval of Agenda
The Chair will request PNB appointment of replacements for frequently absent
Director members of the Committee. The agenda was revised and approved without
objection on the motion of Brian Edwards-Tiekert at 5:47 pm.

2. Approval of Minutes
The minutes of August 23 and August 29, 2007 were approved without objection on
the motion of Terry Goodman at 5:53 pm.

3. Next Meeting
Motion from LaVarn Williams that the Finance Committee schedule a regular
meeting for Wednesday, September 19, 2007 at 8:00 pm EDT.
Motion passed without objection at 5:50 pm.

4. CFO Report & 2008 Budget Status
The CFO's report began at 5:56 pm and included an update of LSB budget approval
status at each station.

4a. KPFA
Motion from Lonnie Hicks that the PNB Finance Committee approves the KPFA FY'08
budget and refers it to the PNB for adoption.
Motion passed without objection at 6:32 pm.

4b. KPFK
Motion from Lonnie Hicks that the PNB Finance Committee approves the KPFK FY'08
budget and refers it to the PNB for adoption.
Motion postponed without objection at 8:24 pm.
A headcount report for KPFK is requested for Committee review by September 19,
2007.

4c. WPFW
The WPFW LSB has postponed budget approval pending receipt of information
requested from local management. The WPFW LSB needs to approve a budget. The
Committee Chair will contact WPFW LSB members to report a sense of that body.
The CFO will plan for this budget to be a late addition to the PNB Meeting
Packet.
Consideration postponed pending LSB budget approval.

4d. WBAI
The WBAI LSB adjourned its last meeting before voting approval of a revised
budget. The WBAI LSB needs to approve a budget. The CFO will work with the
WBAI GM and Business Manager to prepare a 12 or 18-month cash flow analysis for
Committee review by September 19, 2007. Mr. Edwards-Tiekert has additionally
requested submission of a development worksheet to support the budget
submission.
Consideration postponed pending LSB budget approval.

4e. National Office
The National Office budget cannot be finalized until station budgets have been
finalized.
Consideration postponed pending LSB budget approvals.

5. Motions Approved in July PNB Meeting
6. Motions Referred to NFC by PNB
7. Financial Policies & Procedures Manual
8. Web Work Consolidation
9. New Business
Consideration postponed by meeting adjournment.

10. Adjournment
The meeting was adjourned without objection on the motion of Lonnie Hicks at
8:32 pm.

Terry Goodman, Secretary
These minutes were approved on 9/19/07.