 I will recall, I will call to order the meeting of the board of directors regular meeting for March 25, 2024. We're starting at 537 due to technical difficulties. You turn the volume on the iPad down as far as it will go. You can't get in there. That's it. Okay. I'll have the secretary. Call the roll. Yeah. I'm here. Here. Here. Here. I'm here. Here. Here. Here. Here. Here. Here. Here. Here. Okay. We have a quorum. Yeah. Oral communications. Any person may address the board during its oral communication period. All oral communications must be directed to an item not listed on today's consent or regular agenda. And must be within the jurisdiction of the board. in many oral communications, but not authorized. Okay. Number three, consideration of late additions to the agenda additions and deletions to the consent and regular agendas. Seeing none, we'll move to the consent agenda. We have three items approve our meeting agenda, approve the board meeting minutes of February 26, 2024 and accept the February, 2024 financial reports as reviewed by the financial committee. Any questions, comments on those items, Tom? Because I wasn't at the last meeting, I will have to abstain on the minutes. Okay. If that could be noted. Yep, noted for the record. Mannheim was abstain on regarding the minutes for the consent agenda. Any other questions or comments? Any discussion of the financial reports? We'll be talking about the budget shortly, so we'll get into that. Okay. I will entertain a motion to approve the consent agenda. I vote to consent agenda. I have a motion by Director O'Driscoll. Second? Second. All second. All those in favor? Aye. Aye, with one exception. We will set one session on the minutes for record. Okay. Regular agenda, executive directors report. And I will now mute myself and Becca, you come on. Okay. Okay, thanks, thank you everyone for coming and sorry for the big kerfuffle at the beginning. I'm sorry, I forced all you Mac people to figure out a PC and then it had no camera. It's okay with me, but I can't get my muscle. So you won't see me, but nobody will miss hearing me. You can't see me either. No, no, you can't see anyone, just hear them. But that's good. I mean, at least we have the audio. So thank you. This report that I'm bringing you is for... Can you join me? Can I join you? Oh, I mean, I see you're here. Yes, yes. Hello. Well, what's going on? There you go. I think you should be good now. All right. Okay, everybody's in. Okay, this is for February and we're going to talk first about revenue in February. The Co-working Center earned $12,550. It's a really good number for us. So the satellite remains 25.23% ahead of its projected goal. So we're well ahead, which is really, really nice. And we have two new government technicians and they have completed their training and they're now running meetings on their own. So this is really good for us. We've had a really, it's been a whole bunch of people left at once. That happens sometimes with people. Everybody graduates, and Victor has had to train new people and he's had to do some of the government meetings. He's been running the Board of Supervisors. It's hard to get... It's easy to build the nighttime slots, but the daytime ones are harder. So, but he has that all covered now. So that's a good thing for us. On our paid services, we did 15 government meetings in February and we covered the senior council candidate forum. And this morning, I learned that we're also gonna cover the Artist of the Year event. So that's a nice thing for us to get. I guess we've done that two or three years in a row now. Under facilities and equipment, we've just put the new floor in the kitchen. It's been a long time coming and it finally happened. They came on Saturday and installed it. But this is the February report. So for our purposes, it'll be installed in March. And in studio productions, we have members have been producing shows in the studio in February. There was only one. Usually they've been doing two and one of them usually always is on first Friday. So that's always nice. We have a lot of people in the studio and people in the front as well. So very fun. And we did, the studio is rented for three different professional shoots as well. And we have a production coming in April. Under outreach. Let me interject. I will note that Director Elizabeth has joined us. Oh, yes, there she is. How did you get in? Okay. Welcome. Great. Okay. Let's see. The next thing is outreach. We did a program for the Resource Center for Non-Violence and UCSC is taking them a while to figure out a way, but they are going to share sports content with us. And they might not be, we're not sure and they're not sure if they can share games because of the NCAA. I had no idea that they would be in that division, but apparently they are. Division three, it's all NCAA. Oh, it's just the, yeah. Yeah, they're in division three. They're in division three. Okay. Yes, they do. I didn't even think about that, but they are probably not gonna let us have any games. But they do have other things. They have talks and other sports things that we can have, they're not games. So Victor's gonna be working with them with that. I think we're gonna upload their basketball banquet. So that should be really fun. And the nice thing about it, I think is, students come to UCSC from Santa Cruz, of course, but they also come from all over the country to come here. And now if they do their basketball banquet, their grandma in Dubuque could see them because we're on streaming networks. So they can watch on Roku or Apple or what's the third one, Amazon Fire. So it's very exciting. I think it's really cool we can connect. And the same thing with our high school kids at Watsonville High School, they have a studio grant and now the things that they do, their relatives, no wonder where they are, can see them. Look, they have streaming. I guess there is that one thing, but it's exciting to know they can get out of town. We had our first Friday event in February and we'll have another one in March. Nice turnout, the artist was really good and she brought a lot of people. She had a good list of friends and family and this client said by her art and they came. And it was a nice full house and we got people looking at offices and just going, oh, I didn't know this was here. Including some producers, so that was nice. And we'll keep doing that, it's paying off for us. It's a good thing and it allows us to meet new people and for new people to see what we have to offer, both the co-working and the TV. And usually it's been nice, there's been something going on in the studio. So if they are here early enough, they get to peek in and see them setting up. Let's see, we have first Friday scheduled through June, we won't do it in July because so many people will be out of town and we are closed the first Friday in July. So that is my report for February. Great, any questions, comments, observations? Thank you. Let's see, let me get my agenda. I just joined. Joe, then, okay, let me mute. He's in, he's in, okay, I'm still on my attendee list. So I'm looking at him. Okay, I see him here in the panelist, there he is. Okay, okay. Okay, we have item number eight, this is an action item to review and approve the Community Television Budget Fiscal Year 2024-2025. Jill? I just wanted to, before Becca starts up to explain a little of what happened procedurally. Hopefully we're taking care of your sound on your audio a little bit. Anyhow, I just want to do that as a prelude to Becca's review of it. And one thing that is noticeable is the investment we have in Schwab in the government T-bills is giving us some flexibility we haven't had for many years. So those are kind of the more financial resources because we're earning a fair amount of interest right now on a monthly basis. So if we had to adjust things before, a lot of times it was adjusted by taking something from here to move it to there. Now we may have to do that, but we do have this extra cushion of financing that we haven't had for basically a long time. So that was kind of one of the biggest things I saw. And I just wanted to ask Keith or Tom, if you have any comments, I'm done with mine and I'm gonna mute myself now. But Tom, why don't you go ahead if you have any comments? The only thing I would mention just so that it's not confusing. Yes, I'm unmuted. Just so that it's not confusing to anybody on the budget that we have in the packet, that second column which is labeled actuals year to date, it's actually projected actuals year to date because what we did is we looked at where we were in February or in January, did the math to say, well, if we kept at that rate, where will we be by the end of the year? So I just wanted to clarify that. And I'm just gonna note for Elizabeth, we're operating under kind of funny circumstances here, the normal owl that we use for the Zoom isn't working. So we're all on individual laptops, some with cameras, some without, we're muting selectively and turning off sounds so we don't get all this feedback. So that's why we're jumping on and off. But it seems to be working pretty well and you can hear us now. So I'm gonna go mute Keith. No, I don't really have any comments. I think it was a great meeting. It was very thorough look at the budget. I guess I'll have Becca maybe give an overview and then if there are particular questions, but we kind of tore it up and put it back together a little bit there. But it's a good solid budget. It's got room for growth. It's got, as Joe said, it's got a little bit of wiggle room, I guess, from our investments, which is nice and a nice thing to have, particularly for the operating expenses. So with that, I'll- Question? Yes, please. Before you start. So what we got in our packet is what you guys worked on. So I actually brought you another- Just a second. So whatever we got in our packet is what you all massaged and- Yeah, then I did the appeal work. Good. We had ideas and other things to change and some people thought- Different thoughts. This is the capital budget was the- Oh, well, okay. I have a- But there was a- I'm not good at Excel. So I have to be careful. And there were a whole bunch of formulas I had to put together to make this third budget, the draft budget and the approved budget and the, oh, you know what? I'll just interject here right now that we didn't really care at a part. I mean, it was a fine budget. It was just- We looked at it pretty thoroughly and, you know, and fixed a couple of things. But it's not like we- Yeah, I saw it. It was a nice budget. It was a ranking. Well, it's a really good thing to do because if I do it all by myself and no one else looks at it, I can make a mistake and I did. I couldn't figure out what- I had this really wonderful number from the go working. I said, it would have been fabulous. But I had jotted down all these calculations and I pulled this number and did the calculation and it gave us a giant budget. And I was fine with that. And later, Tom was like, well, that seems like a big jump. And he was right. And when I went back, I found I was like, oh, there's this little number I wrote here and I used it. And it was in a list of other numbers and it was not the number for this. But so it was a- There's a calculation we use. We take where we are whatever month we're looking at. We know year to date from Mel and we divide it by that number of that month in our budget in our year. And then we know what's left and we divide by that number and multiply by 12 and it should say I am. You have the monthly number and then off you go. But I got a great, great fact at the start. But the real number is still very good. One thing also just when you were mentioning asking about the swab income, if you go to line, there it is, 4185 miscellaneous income. It's a little bit difficult to fathom what that is, but that's the swab interest income for a year. 25. Yeah, and there were a lot of other little things we clarified. I'll let Becca go through all that. There's no reason for you to hear it from two. Okay. I'll just point out the things I think that might catch your eye. And then you can ask me any questions that you want. So we're looking at the... Share your screen. I could, would that be a good idea? I don't know, I was thinking you guys had hard copies, but I'll share because that'll be easy. Multiple panelists can share. Well, I'm good. Okay, I guess that's me. Share my screen. It is this so easy. So there you have it. Do you guys see it? I only see the top. Oh, that's because of this. There. Yeah, sorry. I need to drag it. So you see it Matilda? Okay. Okay, so starting at the top, you can see the county. This is an interesting thing. And tell me if I'm telling you too much and things you don't care to know. But the Board of Supervisors and the City of Santa Cruz, well, let's start with the Board of Supervisors because they're there at the top. And we projected what we would make with them and it turned out to be a little different because we just never know. Sometimes they have more meetings than we think. They go longer depends on who running them or they're shorter. So they're ahead. They did way more than we thought they would. On the other hand, the City of Santa Cruz, way less. So these numbers for government meetings are either raised or lowered based on what happened this year. And usually once they have a person in there running the meetings, which seems to be the variable, that person is there for a while. So we should be okay here. And for the City of Santa Cruz, that'll be continuing. They're no longer rotating mayors. We have an elected mayor, which means that the City of Santa Cruz will probably be pretty stable for, is it two years or four years? Four years, yeah. Okay, so that's always good for us because we can tell what's happening. And that's a nice thing. So a lot of those numbers I lowered just to be conservative. And we'll see how that goes. But the good thing about this is, as you know, we've never not met our budget. So those things balance out. We have so many of them. Some will do more, some will do less, but it always balances out if this is real wood. And then we, let's see what, okay, then under donations, you see $1,000 is what we projected. And 675 is what we've actually gotten to date, but we have a quarter to go. So we may make it, but I lowered it just in case. And we also have interest earned is, it's a fun, it's a little category that we have. We have a couple of CDs and some savings accounts and that's where that interest comes from. And then we also have Schwab is miscellaneous income. And that's just a wonderful thing, pretty consistent. And I don't think production services was 4,000. We usually have 4,000 and we mostly make it. We still have a quarter to go and we do have a new project that we're doing and we have the Resource Center for Nonviolence that we'll be working with. I lowered that number just to be closer to the real what we've earned so far, but I believe we'll exceed it, but it doesn't hurt us to have a lower number there. Close captioning, because the city used to do a lot more time, a lot more hours of meetings. So the budget for captioning is always correlating with the number of meetings. So when we do more meetings, we spend more for captioning and we make more. And when we do less, we get less. So those two, those two are tied together. Let's see, advertisements. That's a real number for advertising. That's a steady cost. We pay the same amount every month for it. So that's the actual, actual for a real year. And let's see, so bank charges went up and that is because more money. So the more people charge, the more they go up. And bank charges or credit card charges. So when people charge and everybody pays with a credit card, so the more they pay, the more we pay. So that went up this year, but that was a good thing. Let's see, this is the interest expense. That is a one-time thing. That's why I changed that, Tom, because we had to amortize it across the year, but it's really just a one-time charge usually. And this year, we probably won't have any because before it's all been, it's been the EIDL and different things that we were paying for that there was interest attached to. But right now, Mel says there won't be any going forward because we don't have anything that has an interest that we're paying. So, but we put a little in there, maybe we'll do something and then we'll have that there. Office supplies, the same thing. We've raised it because we've had a lot of people and production expenses we've lowered because we really haven't used it. We've spent on the budget for about five years and we haven't used it yet. This, we have a huge expense. We had to send a big piece of equipment across the country this year. So there was a giant fee for that. So, I raised the shipping a little bit, but we won't be doing that again, I don't think. So it doesn't match the actuals because that's a one-time weird one-off thing. Let's see, printing is the same and facilities expenses are up because there's more people in the place. Licenses are also a one-time thing. So that's a hard, it's, they're $78 a year. So, and we know that. Now, here's a fund category. Telephone, yes? So, the actual expense. If the actual expense for telephone communication internet is $404 a month, then it looks like 4,073 is not enough. I will tell you why it'll be okay. That, I went over this with Mel because that's a big jump. And I went back and looked through all of our reports for most of the year and I saw the beginning of the year, it was $800 a month and then it went down to 300 something. So what happened was that was an old account that we closed and now we're just paying certain things out of that account. So that telephone telecommunication internet thing is actually only $400 a month because that includes, that used to have the internet in it and we moved that to capital. So now it's just real telephones. $404 a month. Is column D the budget for 24, 25? Yes. So 12. No, column B is 23. I thought you said D. I said D. Oh, I'm sorry. Column D is the next year's budget. So if it's $440 a month times 12 is at least $4,848. So that's what I'm saying, it's not enough. No, I think. I don't think that's right. Let me look at my notes. Okay, isn't I thought I heard you say that the 404 is the actual, but it's less? Yes, because you took the internet out of it. Yeah. So the 404 is. The 404 is not the actual. No. No, that's what sort of the actual would be, but the internet and all are in there. So it's now less. Less. Exactly. Sorry. Let's see. No, that's such a mystery category. I've always hated that one. Your number is 6,000 something. Yeah. Your contract service. Yeah. So that is the audit. We do a compilation every year. It's always cost $1,800. So that's what's in there. The contract services, production support, I zeroed out because we put money in there every year and we never use it. So I just took it out this year. We don't have CMAPs. Occasionally Victor will go there and do something. So I leave that line in the budget in case we charge it and we can put it in. But I don't budget for them because. But these are expenses. These are contracted services. Oh, that's me. That's the old me. Yeah, that's what I thought. So we could take that out. Yeah. The consulting, we didn't use that much this year. So I lowered it and we left the legal services the same. We bumped them out last year because we were gonna do a lease, which we haven't done yet. So we'll probably do it this year. So I left that money in there. As for our attorney, and let's see, contract services. Catching was lowered because we're doing less marketing. And then the training and conferences, I lowered that because the national conference that we go to is in San Jose. So we don't have to travel. Yay. Yeah, that's a good, that's a nice thing. Training and conferences, I always keep a little in there in case Victor wants to go to something or something comes up that's cool that we could learn or we might do a new thing and someone does something about it. So he's in there, but we don't usually use it, but I like to keep it in there because just in case Victor wants to do something, I like to be able to let him. Special events is usually our business dinner, Thanksgiving, lunch, or something like that. And so we always keep a little in there for that. And so these salaries, remember, for some of us are not the whole thing for Victor and me and a little of Mel and a little of Olivia, but some of that is allowed to go to the capital because we're working on the building or maintaining the building or working on the equipment, or that's a good code rule. So these are not our full salaries. The rest of it is in the capital budget. It's a little bit, it's like 20%. And that includes, that includes 4% raises this year and also for everybody and the technicians as well. And the technician number is the actual number that we spend and that we expect to spend this year. The extra help number, so last year, that number was huge because it's a place where you just put extra things. And last year that included all the raises that we, I wanted to give raises and I asked for a raise. And so that all that money was put in that line upon your approval, you guys approved. So we don't need to do that again. So I took that out. I left a little in, but the big number, that's why it was such a big number last year and now it's a little number. Payroll taxes, they went up a little bit, I think, up or down, yeah, they went up a bit. Workers comp is pretty much, it's a formula that Mel gives me that number. And I had a meeting with the insurance guy so I got the actual real numbers for insurance. And so this is a really actual number of what we'll pay this year. And the severance vacation payouts is just a pool we keep there in case somebody leaves and actually has, they case, like if Olivia would take off and see, we know where it's gonna come from, not prompt time, but PTO. So we always have a little in there for Victor and Olivia. And that's it for this budget. Do you guys have questions or thoughts or do you wanna run through the capital listing? I will, but I just thought, you might forget all about this by the time we get through the capital budget. Is there anything in here that you think? No. Karen, or one thing. Oh, there is one thing I wanted to say, sorry. You go ahead and give me this line. Well, the facilities and equipment line is so fun. So it was a lot more fun before Tom, but now it's more accurate and still fun. So last year 105, that was what we projected. This year we actually will be able to, like with pretty accurate numbers, make 130,000. That's, we never made that much. That's amazing. So I'm just really happy about that. I was happier when it was 140, but it's okay. Now we'll really reach that number. So I just wanted to point out that that's really good growth for us. And it's kind of a growth spurt. And we still have room to grow because we haven't filled this yet. And we have someone looking at wanting to rent the whole thing. So we could be in, we could really, we're gonna do great before the end of this year, but next year we'll do really well. So that's what I was gonna say. That's all. I think my voice will pick up on your insight. I will mute me. Yeah. There's one thing she mentioned audits and we now have permission from the county to do something called a compilation because the audit was gonna be about 15,000. I think we talked about it, but Mel is now going back and we'll mute you. Please. Sorry. Anyhow, Mel is going back and we're catching up our compilation. So I was always thinking we should stay on top of that and we are now. These are kind of the things that are settling down after the COVID. So it's nice to see that happening. So thank Mel. And I apologize to everybody's watching this with me moving my high foot. He'd be really sick. Anyhow, that's all I had to say. Okay, so I'm gonna move on to capital. So much fun. Capital is, the capital's a little bit different. I added in the year to date column and I have copies here for you if you want it. I couldn't get it into the budget in time to get it into the packet in time for the Brown Act because I had to do a lot of formulas and I just have to be careful. So I do have it and I have it here if you want to know. But these are different because most things in here we don't pay across the year. We pay them once or we've allowed a certain amount for something and we stick to that. We're not going over it, that's our budget. So it isn't the same as like the light bill that we know is always gonna be a certain amount every month. This is just, these are mostly one time or fixed costs. So we get money from the county and that is we get $500,000 from PegFees and $100,000 for our grant. And then here's how we use it. The facility lease is, you can see there, it goes up 4% every year. And this year we also raised it a little more than that because we factored in the new security cost and so that you can see it's more than 4% higher but that's because of the security. And under the insurance number is the real number as we get the bill every year and we pay it. And I added a little just in case. So that's the improvements that I put $10,000 in there. I used to have 12 but we've done a lot of the things I wanted to do so I brought it down. And now we heard that there might be termites so we want it, it's an old building. And they told us it's because we water the indoor plants too much and our indoor plants are fake. But probably shouldn't be barring them so much. So dry water, dry water. So that's an issue we can handle somehow. I put a little bit in case we rented some equipment. We always have it tucked in there in case we did a big shoot. We need to rent a crane or something. Actually we have a crane but we might rent something. So there's a little money in the budget in case we do. And then of course whatever that would be to pay for it but I like to have it in there so that we have a place to put it. The copy machine leases what it is. It's always the same. Equipment repair, same kind of things. Just a little money in case we repair equipment. We generally don't, but actually we never have. I keep putting $1,000 in there and we haven't repaired anything yet. The equipment appreciated just is the kind of expense we can appreciate and others are things that we don't appreciate. So they're the bigger items. So we have 34,000 in there, a little less than last year. But we bought so much last year. I mean, we had all those things we did to upgrade everything and we're pretty good. One thing we wanna maybe do is take a look at updating the control room. But I think this is enough to cover that. The equipment grant program is 100,000 every year. The equipment leases, that is, I'm gonna take that out but I was afraid to do it because I thought I'd improve things a little bit after this I'll take it out. It is money I used to hold just in case we wanted to make an equipment lease and I wanted to make sure we had the money to buy the gear for the person who wanted to lease it. But we can just, we can actually get it right out of our regular depreciated category. So I'm gonna take that, I'll have Mel take it out because she can do it safely. Software as a service, I know that seems like a lot, but it's all things we use. It's a million things we use, everything costs something. It isn't like a monthly charges, it's usually annual charges. And so they're all over the map when they happen. But that's what it turns out to be Mel and I looked at it again this year to see if we could remove anything and we really didn't think anything we could take out. Telephones and telecommunications and the internet, this is on the capital side. So that we have two fiber lines now, one for our building generally, this is for us to use and that is for the technicians in Victor. So they are not using the satellite wifi and we don't want satellite to be using the TV wifi. So we have two separate and then we have one fiber line that goes to the county building to take off to the head end. So we do have a lot of fiber and that's kind of expensive. And we also have telephones. Not, we don't have like any telephones. We give a stipend to all of our people who have cell phones who we talk to. So because we call them on their cell phones, they have data plans, we need to take care of that. So all our technicians, me, Victor, Olivia, Mel, everybody has it because we all talk on cell phones. Now, this is so tiny. The building maintenance, that's something breaks and we broke it or we have to replace light bulbs or anything like that. There are things that we do mobs and burms and stuff like that. So that's the building maintenance number and it's kind of consistent. Equipment maintenance. Okay, now, oh wait, wait, that's not right. I'm sorry, that's not right. There are those things, but this is not that category. These three things under capital maintenance repair, those are, that is where the 20% of our salaries go as we do the work, we fix the things and we repair the building and we do the repairing of equipment and all of that is us. Then the media licensing is the music library so that we don't have to pay for music. And it's really nice music. So I'm happy to use it. Any questions or thoughts on any of this? I'll just note the reason why we're doing this now is so we can get it to the county early for them to make a decision they want it. So that's what we're doing. Now they have to improve our budget before the end of the year. No, none here. Thank you for a good overview. Any other questions, comments? Tom. Move approval. We have a motion on the floor. Sorry. Yep. Move approval. Second. I'm motioned by director Mannheim, seconded by director Hall to approve the meeting television of Santa Cruz County fiscal year 2024-2025 budget. Let's have a roll call for this. Yes. Yes. Yes. Yes. Yes. Go home. Yes. Go to the show. Yes. I saw a yes. And my sound turned off. Good move read. I heard her. Okay. Oops. Great, thank you. And thanks everybody back up for going through all that putting it together and then finding us a committee in particular for looking at it very closely and it's a good budget, you know, cut to growth. I'm trying to, I'm afraid to do it because suddenly everything's disappeared but you guys and Matt and I, oh, there we go. Oh, there it goes. Okay. Now we're back. Oh, that's what it is. So will my share my screen? I can't see you guys. I can only see my document. Okay. Okay. Item number nine. Thanks everybody. So that passes unanimously. Item number nine's education report. If there is one, David's not here but Keith is anything you wish to comment on? Okay. Okay. Board Chairman Ford, same as, oh, yes. I hope so. I actually tuned in, I shouldn't say it that way, and the AI conversation. And it was pretty impressive and it was also impressive everybody's feeling their way through it. How many people did you have on there? Cause you have a ton of questions at the end. Three people. Three. I don't know. Oh, you mean who was watching? Yeah. Yeah, I don't know. There were three guests, of course. Yeah, I know. But I mean, there were questions flowing in and then you cut it off. So I thought it was quite interesting and thank you for doing it. I watched it on the cable channel. Good. Okay. Board Chairman Ford, nothing. Any staff requests? Board member requests for next meeting. No. Any announcements? Seeing none, I recognize Director Rand. I move to... I have to say it already. I can't even know what I'm talking about. What? Without further ado. Just a second. I move to adjourn. All right. All in favor. Thanks for joining us, Elizabeth. Nice to see you. Thanks, everybody. We are adjourned. I think we exhausted ourselves on technology. Thank you guys so much for going through the whole crazy setup of computers at the...