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1988.08.09_FAB_Minutes_RegularTOWN OF HIGHLAND BEACH, FLORIDA • FINANCIAL ADVISORY BOARD REGULAR MEETING - MINUTES n U Tuesday, August 9, 1988 9.30 A.M. A Regular Meeting of the Financial Advisory Board was called to order by acting Chairman Richard Brunton at 9:30 A.M. on Tuesday, August 9, 1988 at Town Hall. Members present included acting Chairman Richard Brunton, Grover Ensley, and Fred Firstenburg. Chairman George Harbin and Benjan►in Cohen were absent. Also present for the meeting was Mayor Betty Jean Stewart, Town Manager Mary Ann Mariano, Chief Accounting Officer Stanley Novak, and Deputy Town Clerk Redawna Bavender. A MOTION was made by Mr. Ensley/Mr. Firstenburg to approve the minutes of July 12, 1988., Regular Meeting as submitted. All voted AYE. CORRESPONDENCE: There was no correspondence to be discussed. OLD BUSINESS: Mr. Firstenburg stated that he has done research regarding the water/sewer rates the Financial Advisory Board recommended at their July 12, 1988 Regular Meeting to be presented to the Town Commission. It is his opinion that the rate structure Town Manager Mariano presented would be much better than the rate the Financial Advisory Board recommended. Mayor Stewart noted the Town Commission has not yet acted on this proposal but will be reviewing same at the August Workshop Meeting. Also regarding the water rates, Mr. Firstenburg stated he felt Holiday Inn's water rates should be increased in proportion with the rest of the water custon►ers in Town. Town Manager Mariano stated this is an issue she and Chief Accounting Officer Novak plan to address before the Town Commission. Mr. Firstenburg stated he was unhappy with son►e of the language in Article 2, Section 3 in the Personnel Rules and Regulations. It is his opinion that merit increase ranges and inflationary rates should not have been published. Town Manager Mariano noted that all budgetary matters are open to public review. FINANCIAL ADVISORY BOARD •Regular Meeting Minutes August 9, 1988 Page 2 of 3 Also regarding the Personnel Rules, Mr. Ensley questioned if Article 4, Section 2, regarding Gifts and Gratuities, was stated clearly enough so employees would comply with all rules contained therein. Town Manager Mariano stated all employees received and signed for a copy of the Personnel Rules and Regulations. The responsibility of complying with such rules lies with the employee. NEW BUSINESS: The Financial Advisory Board Members reviewed and discussed at length the June 1988 Financial Statement as presented by Chief Accounting Officer Novak, noting the various problem areas. It was noted that the five (5) main problem areas concern: Town Commission - Comprehensive Plan Legal - Boca Hi Litigation Other General Govt. - Bel Lido Bridge and other projects Post Office - Increased hours for Dept. Head General Obligation Debt - Debt Service Fee •Under revenue, shortfalls fell into three (3) main categories, those being the Florida Power and Light Franchise Fee, Interest Account, and General Fund - Administrative Reimbursements. However, there were several unanticipated revenues in the areas of a State grant for Xeriscape, Comprehensive Plan, Road and Bridge rebate from the County, franchise fees, taxes, etc. Town Manager Mariano stated that an office supply spending freeze has been initiated whereby all requests must be approved by the Town Manager. BUDGET TRANSFERS: Several budget transfers were reviewed and discussed at this time. The transfers were under the areas of: Town Commission Legal Council General Public Building Post Office General Obligation Debt Budget Inter -fund Transfer Water System • Sewer System - Professional Services, Comprehensive Plan Update, Municipal Code Update - Boca Hi Litigation - Greening Committee, Bel Lido Bridge/ Landscaping - Salary and Fringes - Other Debt Cost 1972 G.O Issue - Transfer surplus revenues from sewer system to water system - Postage & Freight, Repairs & Mainte- nance, Transfer from General Fund - Insurance/General, Repairs & Mainte- nance, Transfer to General Fund FINANCIAL ADVISORY BOARD Regular Meeting Minutes August 9, 1988 Page 3 of 3 It was the CONSENSUS of the board that the Town Manager should prepare an evaluation of the volume of work and man-hours needed to accomplish the work in the Post Office. This iten► will be placed on the agenda for the next regular meeting of the FAB. A MOTION was made by Mr. Ensley/Mr. Firstenburg to approve the budget transfers as submitted. The MOTION carried unanimously with all favorable votes. It was noted that a former part-time/no fringe Town employee received unemployment compensation. The board members agreed the Town should not be held responsible to pay for any of these costs. Town Manager Mariano stated she would look into this matter. Mayor Stewart noted she would like to see a breakdown of the bills accumulated for each police car. Town Manager Mariano brought up the question of preparing a "clean-up" budget ordinance where we finish up at the end of the year rather than leave it open ended. The members of the board didn't feel this would be beneficial. The FAB members and Mayor Stewart discussed setting up a manual to provide guidelines as to the duties of the Chairman, Vice Chairman and Board Members, agenda preparation, meeting dates, future projects of the Financial Advisory Board, etc. After discussion, Mr. Firstenburg was appointed Vice Chairman for a term of six (6) months. The next Regular Meeting of the Financial Advisory Board will be scheduled as needed. The meeting was adjourned at 11:45 A.M. APPROVED: - AlkS FJJ T- Georg M Ha , Chairman rd B u Ma -ABSENT- Ben j an ' n Cohen 04-. Grov EnsAT ST: 7 Fred Firstenburg DA E: cc: FAB Members, Town Commission, Town Manager