0) Call to Order

President Newman-Limata called the meeting to order, recognizing
Trustees Fierstein, Persoff and Wiktorowski joining the meeting by
conference call at 1:00 p.m.

1) Approval of President

Newman-Limata asked for a motion to approve the
Minutes minutes for the meeting held on July 14, 2002. Mr. Riley moved
and Jo Ann Golden seconded a motion to approve the minutes as
written. Ms. Wiktorowski asked that the minutes be corrected to
reflect that she serves on the executive board of the Buffalo
Chapter. Following discussion, the motion was unanimously
approved with correction noted.

2) POP Program for 2002-03

President Newman-Limata asked Alan Schmelkin to give a report
on the POP program. Mr. Schmelkin reported that 585 POP books were sold resulting in sales totaled $838,155 for fiscal year 2001/2002. He recommended the continuation of the POP program for 2002/2003 effective September 1, 2002 with a proposed reduced pricing as follows:

Type of POP Book	Proposed Pricing
	Early Bird	Regular
Member Individual	$ 995	$1,095
Non Member Individual	1,499	1,595
Firm Booklet	1,495	1,595

Mr. Schmelkin reported that the amount of $225, 297 of the
total POP sales was left available in POP deferred revenue at
August 31, 2002. Anticipating a similar usage pattern for next
year’s sales and the psychological benefit of ticket purchases of
under $1,000, he proposed that the Trustees consider the $100
reduction off last year’s pricing.

President Newman-Limata requested that a study be done to
analyze the overall cost of the POP program. She further
suggested that the POP program should be aggressively marketed
to firms. Following further discussion, Jo Ann Golden made a
motion to accept the proposed pricing for the POP program. The
motion was defeated with 5 opposing and 3 in favor of the proposed pricing. As a result of the vote, the current pricing of the POP program and all POP regulations will remain as follows effective September 1, 2002 through August 31, 2003, with an Early Bird cut off date of November 30, 2002:

3) FAE Technology Task Force Update

President Newman-Limata asked Mr. Schmelkin to give an update
on the Technology Task Force activity. Mr. Schmelkin reported
that the task force was asked to study alternative delivery methods
for CPE such as bulletin boards and Internet chat rooms. He stated
that at the most recent meeting only the two student task force members were present for a conference call. He shared their findings that two current providers of online CPE were eMind and Blackboard. A memorandum has been sent to the other task force requesting them to submit reports on their findings.

4) Policy for Complimentary Guests at FAE Conferences

The Trustees discussed the issue of developing a policy to allow
for complimentary guests at FAE conferences. It was noted that
since there was no uniform policy governing such practices, the
Trustees should establish one. Following discussion, a motion was
made by Jeffrey Hoops that only a member of a panel or speaker
at a FAE conference who is a government official may invite one guest. The motion was seconded by Mr. Riley and unanimously carried by all.

5) Pricing Policy for Chapter Originated CPE Courses

President Newman-Limata asked Mr. Schmelkin to give a
Chapter Originated background report on the pricing of chapter programs. He reported that the statewide pricing for chapter programs has been
$75 for a 4-hour program (1/2 day); $150 for an 8-hour program,
and chapter sets their own fees for programs 1-3 hours. Recently,
some chapters have identified outside sponsors to cover some expenses and venues at lower costs. Several chapters requested a price lower than the statewide pricing. It was reported that the Westchester Chapter requested a lower price; $125 as a regular price with an early bird discount price of $99, with the proviso that they seek program sponsors to cover $4,000 to supplement the standard full day price. Mr. Schmelkin explained that preliminary analysis resulted in average overhead of $168 per hour to administer chapter half and full-day programs.

President Newman-Limata then welcomed the chapter presidents on conference call to participate in the discussion on chapter program pricing. The following chapter presidents participated by conference call: Ann Cohen of Buffalo, Robert Ecker of Westchester, Steven Kaplan of Rockland, and Robert Sypolt of Queens. Each chapter representative voiced their concerns over the current pricing structure. Following discussion, the Trustees recommended that going forward a task force be established to study the overhead projection and allocation, thereby setting an overhead per participant charge for chapter four and eight-hour programs. It was suggested that the Vice President of Chapters, the FAE Trustees’ Secretary and Treasurer, and representatives from the chapters serve on the task force. It was concluded that, with the exception of the Westchester Chapter pre-approved reduced registration fee, all other chapters will continue to charge the current standard registration fee of $150 for full day chapter conferences until a new policy is established.

6) New Business --

a. FAE University

The Trustees discussed the merits of the proposal, which presents
the opportunity to build relationships with major universities
across the state. Following discussion, it was recommended that
the staff conduct a cost and benefit analysis of the proposal.