Chief Financial Officer Report – Pacifica National Board Meeting 12-18-2014

The enclosed sound clip details the CFO report from the Pacifica National Board meeting of 12-18-2014. The report provides details on the stalled 2013 audit, the financial straits of the network and its radio stations and a heated discussion with KPFT listener rep Richard Uzzell about months of promises that the audit would proceed in as soon as June of 2014, although it did not begin until November 15th, ended after less than a week due to the inability to provide audit schedules and now has no scheduled date of completion. Pacifica stations will not be able to get out of suspended status with the Corporation for Public Broadcasting and regain a million dollars in annual funding unless the 2013 and 2014 audits are completed and filed by March 31, 2014.

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