1988.02.16_FAB_Minutes_Regular�. TOWN OF HIGHLAND BEACH, FLORIDA
FINANCIAL ADVISORY BOARD
REGULAR MEETING - MINUTES
Tuesday, February 16, 1988 9 30 A.M.
A meeting of the Financial Advisory Board was held at 9:30 A.M. on
Tuesday, February 16, 1988, at Town Hall.
Members present included Ben Cohen, Fred Firstenburg and Reese James.
Members Richard Brunton and Grover Ensley were absent.
Also present throughout the meeting were Mayor Betty Jean Stewart and
Town Manager Mary Ann Mariano. Chief Accounting Officer Stanley Novak
attended for part of the meeting and George Harbin, Jr., was also in
attendance as a future member of the F.A.B.
Note was made that the minutes of the February('94i 1988, meeting did not
reflect that the minutes of the January 25, 1988, meeting had been
accepted and approved as written. With this addition, upon MOTION
properly made and seconded, the minutes of the February 8, 1988, meeting
were accepted and approved as written.
There were no items of correspondence for consideration.
The meeting then proceeded with the agenda items:
- PROPOSED BUDGET TRANSFER POLICY
In follow-up to the February 8, 1988, meeting, the Town Manager
had prepared a rewrite of the Proposed Policy which did in-
corporate the several changes that had been agreed to at the
last F.A.B. meeting. During this discussion, it was determined
that the "final draft" should incorporate a statement that a
year-end (9/30) budget transfer was not indicated and would not
serve a useful purpose. With this addition, which the Town
Manager agreed to make, the proposed budget transfer policy was
accepted by the F.A.B. and is endorsed to the Town Commission
for their action.
- PROPOSED PERSONNEL POLICIES
Again, in follow-up to the F.A.B. February 8, 1988, meeting, the
Town. Manager had prepared a rewrite of pages 1-5 which did in-
corporate the changes that had been agreed upon. These pages
(1-5) were again reviewed and further changes were indicated.
The Town Manager made note of these and agreed to have another
rewrite for the February 22, 1988, meeting.
• The F.A.B. then returned to the original draft of the proposed
policy and finished review of pages 6-7. During this discus-
sion, it became apparent that a substantial rewrite of these
Financial Advisory Board
Regular Meeting - Minutes
February 16, 1988
Page 2 of 2
pages was also needed. The Town Manager agreed to have this
material available for the F.A.B. February 22, 1988, meeting.
The time was noted at 12:15 P.M. and, upon proper MOTION, the meeting
adjourned, with the next meeting being scheduled for Monday,
February 22, 1988, at 9:30 A.M.
REJ:amk
cc: F.A.B. Members
Town Commission
Town Manager
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Re ectfully submitted,
Reese E. James, Chairman