Minutes
2021-05-04 KPFT Finance Cmte Minutes
Draft Agenda
1. Call to order - Roll Call (5 min)
2. Election
of permanent secretary (10 min)
3. Minutes approval for March 2021 and April 2021 (10 min)
4. Management report
of current financial state, includes: cash on hand, cash ‘burn’ rate, expenses for May (note any
exceptional or unusual expenses, May fund drive goals and expectations, progress on licensee renewal (10 min)
4A.
Q&A on financial state report (10 min)
5. Management presentation of initial 2022 budget using
‘standard’ Pacifica budget template. Highlighting of the changes from 2021 budget (15 min) 5A Q&A on draft
budget (25 min)
6. Public comment (10 min)
7. Selection of meeting date for June 2021 ... suggested date June 8
(3 min)
8. Adjourn
2021-05-04 KPFT Finance Cmte Minutes
1. The meeting was called to order at 4:25pm CT.
Present: Teresa Allen, David Baes (ex officio non-voting), Adriana Casenave, Bill Crosier, Lynden Foley, Wally James,
DeWayne Lark, Mike Lewis, Marianne Martinez, Susie Moreno, Sandra Rawline, Nancy Saibara-Naritomi, Wendy Schroell,
Markisha Venzant-Sampson (ex officio non-voting), Richard Uzzell, Rita Washington, Sandy Weinmann, Ted Weisgal, Egberto
Willies. T. Allen requests excused absence for Robert Gartner. Passed without objection.
2. Election of permanent
Secretary (10 min) S. Weinmann asks that T. Allen continue as Secretary Pro Tem. T. Weisgal moves that GM & Business
Mgr. be listed as ex officio non-voting members, that the phone# & agenda be listed on KPFTx. T. Allen asked if Cmte.
has any objections to listing the phone# on KPFTx. Discussion, T. Allen will serve as Secretary Pro Tem. Passed
without objection.
3. T. Allen moved to approve 2021-03-09 minutes. Approved without objection. L. Foley moved to
approve the 2021-04-06 minutes. Approved without objection.
4. Management report of current financial state,
includes: cash on hand, cash ‘burn’ rate, expenses for May (note any exceptional or unusual expenses, May
fund drive goals and expectations, progress on licensee renewal. M. Venzant-Sampson said $72K on hand, $65k/m including
Central Services. Pledge drive starts 05-06-2021.
4A. Q&A on financial state report
*KPFT is $120K in arrears
to Central Services.
*Pledge Drive Goal is $200K. GM intends to NOT go off the air at all. Filed all paperwork for
license renewal on March 30, 2021 (usually takes 3-6 months for turn-around on approval) for 1.) broadcast signal for
90.1fm, 2.) translator in Huntsville, 3.) Galveston, & 4.) to the studio to transmitter link have been submitted. We
will see significant cuts in internet costs (@$12K savings).
*We have 3 paid staff (GM, Business Mgr. & Engineer) & 1
contractor (Membership). Salary information can be found on the 990.
*GM/Engineer Mo Thomas was sent to Houston on
order of the iED. Antenna repairs are scheduled 3 weeks in advance—regardless of weather.
*GM says 3 people
contributed hours toward the improved website. We are soliciting in-kind volunteer gifts and hours, in addition to the
contributions of 190 programmers.
*B. Crosier said consider need for more outreach money as we plan more
events.
*S. Moreno & T. Allen offered to call lapsed donors. GM said contact the Development Dir.
*R. Washington
wants to reach out to businesses to be donors; GM said will help seek underwriters.
*GM expects to have an
inexpensive phone service as first priority now and correcting phone# on PSA’s.
*T. Allen asked that we pay no
credit card late fees, service charges or interest moving forward. Business Mgr. says that we have incurred credit card
finance charges in the past; she will get total we paid last year to the Treasurer.
*GM said that he is ready for
community sponsorships/underwriters on air (D. Lark says there is a moratorium on underwriting, but feels KPFT capable
of it successfully).
*GM said we don’t charge for PSAs.
*GM wants more use of updated website and links to
Twitter, Instagram, etc.
*Building Report has been sent to the iED. Major obstacles to repair the building; ex. GM
met with a plumbing team this morning- every major pipe has leaks; can’t even put in a water heater.
*T.
Weisgal wonders if “Mail Fund Drive†is worth the effort; suggests we put more info on our solicitation
letters (like our program grid). Bus. Mgr, said all funds from mailings are listed under Listener Support and studies
show that simple letters are more effective.
*GM is strictly enforcing punishment for plugola, payola and
obscenity.
*T. Weisgal will introduce 2 items for next month’s agenda; will email to the Cmte.
5.
Management presentation of initial 2022 budget using ‘standard’ Pacifica budget template. Highlighting of
the changes from 2021 budget (15 min) 5A Q&A on draft budget: discussion at our June meeting.
6. Public comment (10
min) none
7. Selection of meeting date for June 15, 2021 at 6:30pm CT. No objection.
8. R. Uzzell moved to
adjourn. Meeting adjourned at 6:16pm CT.
Respectfully submitted,
Teresa J. Allen, Secretary Pro
Tem
2021-06-03; approved 2021-06-15