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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>UW written this fiscal year to date totals
$47388 with four months to go.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>As for my salary and benefits, it’s
none of your business. <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>But since some of you are so fixated on
these measurements I will only say that the cost of having me here is a bargain
when compared to what I contribute here in all the things I do. And
underwriting is just one of the things I do.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>David<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Bodoni MT Black"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black"'>David Steffen</span></font><font
size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:navy'><o:p></o:p></span></font></p>
<div>
<p class=MsoNormal><font size=2 color=black face="Bodoni MT Black"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black"'>KZYX Business
Development</span></font><o:p></o:p></p>
<p class=MsoNormal><font size=2 color=black face="Bodoni MT Black"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black"'>(707) 895-2324 office</span></font><o:p></o:p></p>
<p class=MsoNormal><font size=2 color=black face="Bodoni MT Black"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black"'>(707) 322-9895 cell</span></font><o:p></o:p></p>
<p class=MsoNormal><font size=2 color=black face="Bodoni MT Black"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black"'>(707) 895-2451 fax</span></font><o:p></o:p></p>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'> </span><o:p></o:p></font></p>
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color=black face="Times New Roman"><span style='font-size:12.0pt;color:windowtext'>
<hr size=2 width="100%" align=center tabindex=-1>
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<p class=MsoNormal><b><font size=2 color=black face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma;color:windowtext;font-weight:bold'>From:</span></font></b><font
size=2 color=black face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma;
color:windowtext'> kzyxtalk-bounces@lists.mcn.org
[mailto:kzyxtalk-bounces@lists.mcn.org] <b><span style='font-weight:bold'>On
Behalf Of </span></b>Kelly<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, February 28, 2014
7:30 AM<br>
<b><span style='font-weight:bold'>To:</span></b> kzyxtalk@lists.mcn.org<br>
<b><span style='font-weight:bold'>Subject:</span></b> Re: [Kzyxtalk] Finances</span></font><font
color=black><span style='color:windowtext'><o:p></o:p></span></font></p>
</div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>David,<br>
Please correct the information if it is incorrect.<br>
The logic seems good to me.<br>
If the current underwriting is 40k that would probably equal your salary and
benefits package, no?<br>
Thanks,<br>
Kelly<o:p></o:p></span></font></p>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><br>
<br>
</span></font><font size=2><span style='font-size:10.0pt'><a
href="mailto:grimie@mcn.org" moz-do-not-send=true></a></span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>On 2/28/2014 7:09 AM, David wrote:<o:p></o:p></span></font></p>
</div>
<blockquote style='margin-top:5.0pt;margin-bottom:5.0pt'
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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>No Beth. You’re incorrect. <u5:p></u5:p></span></font><o:p></o:p></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><u5:p> </u5:p></span></font><o:p></o:p></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>David<u5:p></u5:p></span></font><o:p></o:p></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><u5:p> </u5:p></span></font><o:p></o:p></p>
<div>
<p class=MsoNormal><font size=2 color=navy face="Bodoni MT Black ;color:navy"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black \;color\:navy";color:navy'>David
Steffen</span></font><o:p></o:p></p>
<u5:p></u5:p>
<p class=MsoNormal><font size=2 color=navy face="Bodoni MT Black ;color:navy"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black \;color\:navy";color:navy'>KZYX
Business Development</span></font><o:p></o:p></p>
<u5:p></u5:p>
<p class=MsoNormal><font size=2 color=navy face="Bodoni MT Black ;color:navy"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black \;color\:navy";color:navy'>(707)
895-2324 office</span></font><o:p></o:p></p>
<u5:p></u5:p>
<p class=MsoNormal><font size=2 color=navy face="Bodoni MT Black ;color:navy"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black \;color\:navy";color:navy'>(707)
322-9895 cell</span></font><o:p></o:p></p>
<u5:p></u5:p>
<p class=MsoNormal><font size=2 color=navy face="Bodoni MT Black ;color:navy"><span
style='font-size:10.0pt;font-family:"Bodoni MT Black \;color\:navy";color:navy'>(707)
895-2451 fax</span></font><o:p></o:p></p>
<u5:p></u5:p>
<p class=MsoNormal><font size=3 color=navy face="Times New Roman"><span
style='font-size:12.0pt;color:navy'> </span></font><u5:p></u5:p><o:p></o:p></p>
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<p class=MsoNormal><b><font size=2 color=black face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma;font-weight:bold'>From:</span></font></b><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'> <a
href="mailto:kzyxtalk-bounces@lists.mcn.org">kzyxtalk-bounces@lists.mcn.org</a>
[<a href="mailto:kzyxtalk-bounces@lists.mcn.org">mailto:kzyxtalk-bounces@lists.mcn.org</a>]
<b><span style='font-weight:bold'>On Behalf Of </span></b><a
href="mailto:nsi@mcn.org">nsi@mcn.org</a><br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, February 28, 2014
4:34 AM<br>
<b><span style='font-weight:bold'>To:</span></b> doug mckenty; <a
href="mailto:Kzyxtalk@lists.mcn.org">Kzyxtalk@lists.mcn.org</a><br>
<b><span style='font-weight:bold'>Subject:</span></b> Re: [Kzyxtalk] Finances</span></font><u5:p></u5:p><o:p></o:p></p>
</div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><u5:p> </u5:p><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-bottom:12.0pt'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt'>Does that mean David
Steffen is eating up the current underwriting income in salary and
benefits? beth<u5:p></u5:p><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><br>
----- Original Message -----<u5:p></u5:p><o:p></o:p></span></font></p>
<div>
<div>
<p class=MsoNormal style='background:#E4E4E4'><b><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;font-weight:bold'>From:<u5:p></u5:p></span></font></b><o:p></o:p></p>
</div>
<p class=MsoNormal style='background:#E4E4E4'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt'>"doug mckenty" <a
href="mailto:dougmck@gmail.com"><dougmck@gmail.com></a><u5:p></u5:p><o:p></o:p></span></font></p>
</div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><u5:p> </u5:p><o:p></o:p></span></font></p>
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<p class=MsoNormal><b><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt;font-weight:bold'>To:<u5:p></u5:p></span></font></b><o:p></o:p></p>
</div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><a href="mailto:Kzyxtalk@lists.mcn.org">"Kzyxtalk@lists.mcn.org"</a>
<a href="mailto:Kzyxtalk@lists.mcnorg"><Kzyxtalk@lists.mcnorg></a><u5:p></u5:p><o:p></o:p></span></font></p>
<div>
<p class=MsoNormal><b><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt;font-weight:bold'>Cc:<u5:p></u5:p></span></font></b><o:p></o:p></p>
</div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><u5:p> </u5:p><o:p></o:p></span></font></p>
<div>
<p class=MsoNormal><b><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt;font-weight:bold'>Sent:<u5:p></u5:p></span></font></b><o:p></o:p></p>
</div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>Fri, 28 Feb 2014 00:12:20 -0800<u5:p></u5:p><o:p></o:p></span></font></p>
<div>
<p class=MsoNormal><b><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt;font-weight:bold'>Subject:<u5:p></u5:p></span></font></b><o:p></o:p></p>
</div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>[Kzyxtalk] Finances<br>
<br>
<br>
I have been looking at the GM reports going back to 2008 in order to discern
the evolution of the financial crisis. Near as I can tell, most of
the 95k in debt was accrued in the fourth quarter of that year. 2009
was a terrible year, resulting in the 175k of debt we have become accustomed to
hearing about. <u5:p></u5:p><o:p></o:p></span></font></p>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><u5:p> </u5:p><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>Last year was a good year due in large part to 60k in
unexpected CPB grant increases, though membership donations were higher than
expected as well.<u5:p></u5:p><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><u5:p> </u5:p><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>Underwriting is down from 100k in 2008 to about 40k,
and KZYX does spend about 30k on programming...down from about 55k in earlier
years (perhaps due to rural status with NPR).<u5:p></u5:p><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><u5:p> </u5:p><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>I urge you all to take a look at the managers reports.
Remember the fiscal year ends June 30 so the July reports contain yearly
budget info. <u5:p></u5:p><o:p></o:p></span></font></p>
</div>
<div>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><u5:p> </u5:p><o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'>Doug<u5:p></u5:p><o:p></o:p></span></font></p>
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<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><br>
<br>
<br>
<fieldset class="mimeAttachmentHeader"></fieldset><o:p></o:p></span></font></p>
<pre><font size=2 color=black face="Courier New"><span style='font-size:10.0pt'>_______________________________________________<o:p></o:p></span></font></pre><pre><font
size=2 color=black face="Courier New"><span style='font-size:10.0pt'>Kzyxtalk mailing list<o:p></o:p></span></font></pre><pre><font
size=2 color=black face="Courier New"><span style='font-size:10.0pt'><a
href="mailto:Kzyxtalk@lists.mcn.org">Kzyxtalk@lists.mcn.org</a><o:p></o:p></span></font></pre><pre><font
size=2 color=black face="Courier New"><span style='font-size:10.0pt'><a
href="http://lists.mcn.org/mailman/listinfo/kzyxtalk">http://lists.mcn.org/mailman/listinfo/kzyxtalk</a><o:p></o:p></span></font></pre></blockquote>
<p class=MsoNormal><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt'><o:p> </o:p></span></font></p>
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