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1988.11.14_FAB_Minutes_RegularTOWN OF HIGHLAND BEACH, FLORIDA • FINANCIAL ADVISORY BOARD REGULAR MEETING - MINUTES Monday, November 14, 1988 9 30 A.M. A Regular Meeting of the Financial Advisory Board was called to order by Chairman George Harbin at 9:30 A.M. on Monday, November 14, 1988 at Town Hall. Members present included Chairman Harbin, Fred Firstenburg, Richard Brunton and Grover Ensley. Mr. Benjamin Cohen was absent. Also present for the meeting was Town Manager Mary Ann Mariano, Chief Accounting Officer Stanley Novak and Deputy Town Clerk Redawna Bavender. The Regular Minutes of August 9, 1988 were approved as submitted. All members voted AYE. Correspondence: Town Manager Mariano addressed the Board regarding the memorandum she sent on October 4, 1988 regarding the water rate increase. The Town Commission has requested that the Financial Advisory Board reevaluate the water rate fee schedule in six months. The FAB noted they will review this in the March -April time frame. Mr. Firstenburg questioned the water and sewer rates for Holiday Inn. Mr. Novak explained that for sewer rates, they are billed for direct usage rather than a flat rate. For water rates, Holiday Inn is excluded on the per unit charge. Town Manager Mariano and Mr. Novak will study this situation and report to the FAB at their next meeting. Old Business: Town Manager Mariano reported that the FY 1988-89 Budget was adopted by the Town Commission. All requirements have been met with the Department of Revenue and all necessary forms have been filed with the State. The FAB members complemented the Town Manager, and all others who participated in the compilation of budget information, on the excellent quality of the budget package. Mr. Firstenburg questioned Town Manager Mariano regarding trash and garbage rate increases. Town Manager Mariano replied those increases come from County Sanitation and are within the guidelines of their contract. Town Manager Mariano reported attending a Solid Waste Authority meeting recently where recycling was discussed and will continue to be discussed during the next few months. The State requires Palm Beach County Solid . Waste Authority to cut down on the waste brought to a landfill by 1993. This recycling specifically deals with glass, aluminum, plastic and newspaper. Financial Advisory Board • Regular Meeting Minutes November 14, 1988 Page 2 of 2 New Business: The Financial Advisory Board reviewed the September Financial Statement noting it was the end of the year report for fiscal year 1987-88. Long Report Evaluation: It was noted that one Commissioner had questioned the appropriateness of the 0-5% merit increase ranges whereupon the Town Commission asked the FAB to reevaluate the Long Report. Mr. Firstenburg volunteered to research salary ranges and merit ranges in surrounding cities. It was also noted that the Town's fringe package should be evaluated to assure its comparability with other agencies. Town Manager Mariano, along with Mr. Novak, will prepare a study of various insurance packages and possibilities. Town Manager Mariano is also considering preparing a survey for the employees of the Town in order to evaluate what kind of benefits employees are interested in. Discussion re Members Notebooks: Town Manager Mariano presented a draft of the Financial Advisory Board Manual and explained it will be used primarily as a guideline for • members and to educate new FAB Members. All other Town Boards are currently preparing notebooks as well. The proposed manual was reviewed with no changes being recommended by the FAB. The next meeting of the Financial Advisory Board has been scheduled for December 13, 1988 at 9:30 A.M. The election of officers will take place during the meeting, as well as to discuss the status of the Audit report and the preliminary status of those reports as noted above. There being no further business to come befo e Board, Chairman Harbin adjourned the meetit �,UQJAWt-G?� '1a-3 . APPROVE: I "L Georg Fred F cbae( the Financial Advisory 11:15 A.M. ruin, Chairman st Brun / AWSENT - "r" Benj�a in Cohen. rover Ensley