Thread: BoD Voting
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Unread 11-07-2009, 12:17 PM   #8
Merl
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Quote:
Originally Posted by Rich Parker View Post
Doesn't look like they care to much about the money after reading this one.

The Board considered a motion which would require KCBS to not enter into or conduct a program, contract or venture of KCBS in the future, which is not calculated to be economically sound and projected to at least break even without the Board first appropriating and approving the amount of estimated economic loss to KCBS. At no time may KCBS expend an amount greater than the economic loss which was approved by the Board.
Vote:
Rod Gray, no
Gene Goycochea, yes
Don Harwell, yes
Paul Kirk, no
Wayne Lohman, no
Linda Mullane, yes
Steve Ownby, no
Ed Roith, no
Tana Shupe, no
Carol Whitebook yes
Merl Whitebook yes
Vote 5 Yes, 6 no 0 abstentions, the motion failed.
According to the 2008, 990 filed on guidestar.com, KCBS lost $75,000.00 in 2008, that is why these motions to have budget constraints were brought up. For three years I have urged motions to operate under budget constraints, each of which have been defeated. Last year is the first year to experience a major budge deficit.

Merl
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