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1985.06.24_FAB_Minutes_RegularOr" TOWN OF HIGHLAND BEACH, FLORIDA FINANCIAL ADVISORY BOARD June 24, 1985 10.00 A.M. A meeting of the Financial Advisory Board was held at Town Hall on Monday, June 24, 1985 at 10:00 A.M. Those attending included members Reese James and alternate member Walter Peklenk. Also present throughout the meeting were Commissioner Grier, and Town Manager Hugh D. Williams. Absent were members Ben Cohen and Joe Murania. The minutes of the May 28, 1985 meeting were approved as written. The subject for this meeting is the continuing review of the proposed 1985/86 budget. This meeting is to address the General Operating budget. Each department of the budget was reviewed item by item and with the following exceptions were accepted as presented in the June 21st copy. f Exceptions included: Legal - Although the Financial Advisory Board continues to be concerned with the expense involved, the Financial Advisory Board does recommend that pending further review by the Commissioners, the amount of $70,000 should be again budgeted for Fiscal 85/86. Fire - Inasmuch as this item is still in review including a scheduled meeting on Friday, June 28th, it is the view of the Financial Advisory Board that this item be deferred until its July 22nd meeting in the hope that more definitive data will be available. Highways - The Financial Advisory Board does recommend that in the interest of financial responsibility, the commitment of funds for the Greening of AlA be only with the explicit approval of the Commissioners acting after receiving a written proposal from the appropriate committee. In general, the Financial Advisory Board is of the opinion that the Town Manager with his abbreviated term has presented a realistic ( budget in a business like format and we are in general agreement FINANCIAL ADVISORY BOARD June 24, 1985 Pa e 2 of 2 with his proposal subject to our comments as noted in the minutes of our meetings. The meeting adjourned at 11:45 A.M. with the next meeting scheduled for Monday, July 22, 1985 at 10:00 A.M. Respectfully submitted, Reese E. James, Chairman cc: F.A.B. Members Town Commission Town Manager 6/24/85 re _