PNB Withholds Approval of FY'08 Budgets for WBAI, PRA and the National Office
PNB Motions on WBAI, PRA and NO Budgets by LaVarn Williams as amended:
Motion 1: Resolved, that the Pacifica National Board does not approve the FY'08 budgets of WBAI, PRA and the National Office. This continuing resolution shall allow WBAI, PRA and the National Office under the FY '08 budgets submitted for the next 90 days, with the exceptions that
a) Any salary cuts shall apply equally to all employees.
b) Any salary cuts, staff cuts or restructuring at WBAI shall not be implemented without consulting the paid and unpaid staff and unions and shall be consistent with union contracts.
Furthermore, the management of WBAI, PRA and the National Office shall submit weekly reports including fundraising/Memsys reports and cash flow statements/ bank statements to the CFO, the ED and the iED, and the Chair of the Finance Committee.
Motion 2: WBAI, PRA and the National Office shall submit budgets with all supporting detail; and the CFO shall initiate internal financial audits at all units within the next 30 days for review and approval by the National Finance Committee. At the end of the 90-day period, WBAI, PRA and the National Office budgets and recovery plans to comply with budgets targets-- including the requirement for a one-half month surplus-- shall be considered for approval or for a continuing resolution.
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