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<div class="moz-cite-prefix">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<br>
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<span style="font-size: 10pt;"><a moz-do-not-send="true"
href="mailto:grimie@mcn.org"></a></span> </div>
On 2/28/2014 7:09 AM, David wrote:<br>
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<p class="MsoNormal"><font color="navy" face="Arial" size="2"><span
style="font-size:
10.0pt;font-family:Arial;color:navy">No Beth. You’re
incorrect. <o:p></o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Arial" size="2"><span
style="font-size:
10.0pt;font-family:Arial;color:navy"><o:p> </o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Arial" size="2"><span
style="font-size:
10.0pt;font-family:Arial;color:navy">David<o:p></o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Arial" size="2"><span
style="font-size:
10.0pt;font-family:Arial;color:navy"><o:p> </o:p></span></font></p>
<div>
<p class="MsoNormal"><font color="navy" face="Bodoni MT Black"
size="2"><span
style="font-size:10.0pt;font-family:"Bodoni MT
Black";color:navy">David Steffen</span></font><font
color="navy"><span style="color:navy"><o:p></o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Bodoni MT Black"
size="2"><span
style="font-size:10.0pt;font-family:"Bodoni MT
Black";color:navy">KZYX Business
Development</span></font><font color="navy"><span
style="color:navy"><o:p></o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Bodoni MT Black"
size="2"><span
style="font-size:10.0pt;font-family:"Bodoni MT
Black";color:navy">(707)
895-2324 office</span></font><font color="navy"><span
style="color:navy"><o:p></o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Bodoni MT Black"
size="2"><span
style="font-size:10.0pt;font-family:"Bodoni MT
Black";color:navy">(707)
322-9895 cell</span></font><font color="navy"><span
style="color:navy"><o:p></o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Bodoni MT Black"
size="2"><span
style="font-size:10.0pt;font-family:"Bodoni MT
Black";color:navy">(707)
895-2451 fax</span></font><font color="navy"><span
style="color:navy"><o:p></o:p></span></font></p>
<p class="MsoNormal"><font color="navy" face="Times New Roman"
size="3"><span style="font-size:12.0pt;color:navy"> </span></font><o:p></o:p></p>
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</span></font></div>
<p class="MsoNormal"><b><font face="Tahoma" size="2"><span
style="font-size:10.0pt;
font-family:Tahoma;font-weight:bold">From:</span></font></b><font
face="Tahoma" size="2"><span
style="font-size:10.0pt;font-family:Tahoma">
<a class="moz-txt-link-abbreviated" href="mailto:kzyxtalk-bounces@lists.mcn.org">kzyxtalk-bounces@lists.mcn.org</a>
[<a class="moz-txt-link-freetext" 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 class="moz-txt-link-abbreviated" 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 class="moz-txt-link-abbreviated" 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><o:p></o:p></p>
</div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><font
face="Times New Roman" size="3"><span
style="font-size:12.0pt">Does that mean David
Steffen is eating up the current underwriting income in
salary and
benefits? beth<o:p></o:p></span></font></p>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><br>
----- Original Message -----<o:p></o:p></span></font></p>
<div>
<div>
<p class="MsoNormal" style="background:#E4E4E4"><b><font
face="Times New Roman" size="3"><span
style="font-size:12.0pt;font-weight:bold">From:<o:p></o:p></span></font></b></p>
</div>
<p class="MsoNormal" style="background:#E4E4E4"><font
face="Times New Roman" size="3"><span
style="font-size:12.0pt">"doug mckenty"
<a class="moz-txt-link-rfc2396E" href="mailto:dougmck@gmail.com"><dougmck@gmail.com></a><o:p></o:p></span></font></p>
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<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
<div>
<p class="MsoNormal"><b><font face="Times New Roman" size="3"><span
style="font-size:12.0pt;font-weight:bold">To:<o:p></o:p></span></font></b></p>
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<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><a class="moz-txt-link-rfc2396E" href="mailto:Kzyxtalk@lists.mcn.org">"Kzyxtalk@lists.mcn.org"</a>
<a class="moz-txt-link-rfc2396E" href="mailto:Kzyxtalk@lists.mcnorg"><Kzyxtalk@lists.mcnorg></a><o:p></o:p></span></font></p>
<div>
<p class="MsoNormal"><b><font face="Times New Roman" size="3"><span
style="font-size:12.0pt;font-weight:bold">Cc:<o:p></o:p></span></font></b></p>
</div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
<div>
<p class="MsoNormal"><b><font face="Times New Roman" size="3"><span
style="font-size:12.0pt;font-weight:bold">Sent:<o:p></o:p></span></font></b></p>
</div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt">Fri, 28 Feb 2014 00:12:20 -0800<o:p></o:p></span></font></p>
<div>
<p class="MsoNormal"><b><font face="Times New Roman" size="3"><span
style="font-size:12.0pt;font-weight:bold">Subject:<o:p></o:p></span></font></b></p>
</div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><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. <o:p></o:p></span></font></p>
<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><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.<o:p></o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><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).<o:p></o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><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.
<o:p></o:p></span></font></p>
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<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt"><o:p> </o:p></span></font></p>
</div>
<div>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span
style="font-size:
12.0pt">Doug<o:p></o:p></span></font></p>
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