1989.03.16_FAB_Minutes_RegularTOWN OF HIGHLAND BEACH, FLORIDA
• FINANCIAL ADVISORY BOARD
REGULAR MEETING - MINUTES
Thursday, March 16, 1989 9:30 A.M.
A Regular Meeting of the Financial Advisory Board was called to order by
Chairman Fred Firstenburg at 9:40 A.M. on Thursday, March 16, 1989 in
the Commission Chambers at Town Hall.
Members present included Chairman Firstenburg, Mr. Benjamin Cohen and
Mr. Richard Brunton. Mr. George Harbin and Mr. Grover Ensley were
absent.
Also present for the meeting were Mayor Joseph Boulay, Town Manager Mary
Ann Mariano, Chief Accounting Officer Stanley Novak and Deputy Town
Clerk Redawna Bavender.
A MOTION was made by Mr. Brunton/Mr. Cohen to approve the minutes of the
February 14, 1989 Regular Meeting as submitted. All members voted AYE.
NEW BUSINESS
Mr. Novak reviewed, in its entirety, the Annual Financial Audit Report
for the year ending September 30, 1988.
• Mr. Novak relayed background information for Mayor Boulay regardingthe
capitol projects fund and sewer/water fund in 1988.
After discussion, a MOTION was made by Mr. Brunton/Mr. Cohen to approve
the Financial Audit Report for the year ending September 30, 1988,
submitted by Coopers and Lybrand. All members voted AYE.
Town Manager Mariano noted the auditors will present the Audit Report to
the Town Commission at their next Regular Meeting.
Mr. Firstenburg commended Mr. Novak for the excellent report he compiled
regarding the West Virginia Investment Pool Loss article.
Town Manager Mariano noted she and Deputy Town Clerk Bavender will work
with Mr. Firstenburg to compile a survey -type letter to send to other
cities regarding the merit/salary evaluation.
The next meeting was scheduled for April 20, 1989 at 9:30 A.M.
Following a MOTION by Mr. Cohen/Mr. Brunton the meeting was adjourned at
10:45 A.M.
APPROVE: - %~ -
ABSENT -
Fred Firstenburg, Chairman George Harbin
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- ABSENT -
Ben am' Coh n, Vice Chairman Grover Ensley
A t t e s
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