1986.03.10_FAB_Minutes_RegularTOWN OF HIGHLAND BEACH, FLORIDA
FINANCIAL ADVISORY BOARD
Monday, March 10, 1986
10:00 A.M.
A Meeting of the Financial Advisory Board was held at Town Hall on
Monday, March 10, 1986 at 10:00 a.m.
Those attending included members Richard Brunton, Ben Cohen and Reese
James. Member Walter Peklenk was absent. Commissioner Grier and
Town Manager Williams also were in attendance.
The Minutes at the February 20, 1986 Meeting were approved as
written.
At the request of the Town Commission; The subject for this meeting
is the Town's policy for charges for water service. Mr. Ray
Burkhart, a Town resident joined the meeting and presented his views
on this matter. Several factors became evident during the discus-
sion:
1. The Town does not have a policy re the number of meters
required for a residential structure.
2. The present policy of charging for water as it relates
to meters does not appear to be equitable or condusive
to water conservation.
3. That the present system of charges is in need of overhaul.
Also during the ensuing discussion, it became the consensus of the
FAB that in developing a new charging policy, the following should be
the guiding factors:
1. Equity for all property owners.
2. Availability of the service.
3. Recovery of costs of providing the service.
4. Water conservation.
It was also noted that the debt service incurred for development of
the plant and accessories is being borne thru the general revenue
fund, thus all property owners pay their fair share of this cost.
Preliminary thinking of the FAB suggests that a new charge policy
should incorporate:
1. A monthly per unit charge based upon recovery of plant
Operation costs including depreciation.
2. A progressive rate for water usage starting with the
first gallon used.
Financial Advisory Board
March 10, 1986
Page 2 of 2
3. Development of a base for determining a normal usage for
establishing the trigger for excessive use charges.
It was agreed that the Town Manager in conjunction with the Finance
Director would develop the additional data needed and that the FAB
would continue its disussion for a conclusion at its March 24th
Meeting.
The Meeting adjourned at 12:00 noon.
Re ectful submitted,
R ese E. James, Chairman
copies: FAB Members
Town Commissioners
Town Manager