Loading...
1990.05.08_FAB_Minutes_Regular• TOWN OF HIGHLAND BEACH FINANCIAL ADVISORY BOARD REGULAR MEETING - MINUTES Tuesday, May 8, 1990 9:30 A.M. A Regular Meeting of the Financial Advisory Board commenced at 9:30 AM in Commission Chambers. Present were Chairman Fred Firstenburg, Vice Chairman Benjamin Cohen and Regular Members, Victor J. Page and John F.Rand. Regular Member Richard Brunton was absent. Also present were Town Manager Mary Ann Mariano, Chief Accounting Offi- cer Jo Ann Rutherford, Accounting Clerk Michael Seaman and Deputy Town Clerk Doris Trinley. After a short discussion, the minutes of the Regular Meeting of March 8 were unanimously approved. Consideration was then given to the proposed 1990/1991 Budget Calendar and it was agreed by the members that their review of budget requests . and Town Manager recommendations with Department Heads, as well as re- view of available revenue information, could be accomplished in one meeting. Therefore, the May 15 meeting was deleted from the calendar, its agenda to be addressed at the June 12 meeting. OLD BUSINESS The Town Manager advised the members that the current purchasing policy needed to be made clearer and more concise and in this regard the Chief Accounting Officer had secured copies of the policies and procedures in effect at the City of Lake Worth, the City of West Palm Beach and the Town of Palm Beach to assist the Town in developing a current pur- chasing policy and procedures manual tailored for the Town. The members were assured that there is no misspending involved; however, both the Chief Accounting Officer and the Town Manager felt this was an impor- tant undertaking, which would tighten the system of checks and bal- ances, strengthen internal accounting controls and keep vendors com- petitive. At this time, Mr. Rand requested the opportunity to ask some questions. Among his inquiries were: Control Over Internal Budget Transfers - Mrs. Mariano said the Town did have a Budget Transfer Policy and a copy was made available. iFlorida Job Service - This agency is similar to state employ- ment agencies, the Town Manager said, and no fee is involved. Employee Criminal Record Search - Mrs. Mariano said that this was not an uncommon procedure. A discussion ensued about the Financial Advisory Board Regular Meeting - Minutes May 8, 1990 Page 2 of 4 possibility of adopting an ordinance requiring same for all elected officials, which the Town Manager felt would be ill- advised because of certain government processes regarding civil rights. "Cafeteria" Fringe Benefits - Mr. Firstenburg commented that this approach to benefits was only discussed at the August 22, 1989 meeting and he personally was not in favor of it since it was his opinion that it would be advantageous only to younger workers, who could buy more with the same amount of money than older workers. Mrs. Rutherford advised that Elizabeth Ulitsch of the Finance Department has been looking into various other types of em- ployee/dependent coverage and had requested bids from several companies, including Blue Cross -Blue Shield. For the record, Mr. Rand then advised those present that besides being a Regular Member of the Financial Advisory Board, he was also a member of the Board of Directors of the Bel Lido Property Owner's Association, Inc. He also noted that he had previously so advised Mayor Boulay, who • saw no conflict with Mr. Rand serving in both capacities. Mr. Rand stated that should the FAB ever have to put anything having to do with Bel Lido to a Motion, he would abstain from voting. Projects Approved by the Town Commission After Budget Approval - Mrs. Mariano said this involves the Contingency Fund. She gave as an example the $8,000 budgeted by the previous Commission for new seating in Commission Chambers. The present Commission has not addressed new seating, but might be interested in possible additional outside lighting for Town Hall due to their meetings being moved to evening. Should it be necessary, the $8.000 originally designated for seating could be used for lighting. Deferred Compensation Monies - The possibility of these funds being used for claims of the Town's general creditors was discussed. Mrs. Rutherford advised that this was a determi- nation of the IRS as stated under IRC Section 457 and, accord- ingly, the monies must be so treated to enjoy tax benefits. Mrs. Mariano added that employees were so advised of the Inter- nal Revenue Code requirements for the 457 deferred compensation plan and that was also noted in the Notes to the Financial Statements. GENERAL During a brief discussion regarding the differences between financial &nd governmental accounting, the Chief Accounting Officer stated that the emphasis of governmental accounting is on accountability rather than profitability. She added that the Town is responsible to the tax- payers and its concern is an accounting to them. Financial Advisory Board Regular Meeting - Minutes May 8, 1990 Page 3 of 4 BUDGET TRANSFERS: Before addressing the individual transfers, Chief Accounting Officer Rutherford stated they had been prepared by Michael Seaman and compli- mented both he and Elizabeth Ulitisch on the fine work they are doing in the Finance Department The items covered for transfer included: Water Department - Depreciation, new equipment, contractual services and unanticipated contractual needs. Library - miscalculation of Librarian's salary (including insurance. Buildinj Department - unexpected costs for inspection of new buildings in Town (multi -family) . Post Office - operating supplies (unanticipated sale of mailing envelopes); increase in cost of maintenance agree- ment on mailing machine. • Finance Department - vacation and sick leave pay -out to former Chief Accounting Officer. Town Commission - operating supplies re costs for producing Town Newsletter; increase in Commissioners' salaries; re- fund of property taxes (Bank of Nova Scotia/Teron Property; number of units reduced from 132 to 14). Town Manager - increase in Town Manager's salary. A Final Budget Transfer for the Finance Department was presented to the members by the Chief Accounting Officer. Mrs. Rutherford said it had been discovered that one of their computer units was "unintelligent," i.e., it has no memory or central processing unit and, therefore, it cannot stand alone as a computer. Also, it cannot handle software be- cause it has no storage or processing capabilities. She further ex- plained that within the next five (5) months large projects, as well as routine duties, will be required of Department personnel. These projects include the fiscal year budget, bids on sanitation contracts that must be reflected as a budget cost, updated purchasing policies and procedures and, finally, the preparation of a Comprehensive Annual Financial Report that must be submitted to the State Attorney's Office and the Auditor General's Office. Mrs. Rutherford added that too much of the work in the Department is done manually, as there is only one computer terminal currently capable of handling software for a staff of three. Financial Advisory Board Regular Meeting - Minutes May 8, 1990 Page 4 of 4 In this regard, the Chief Accounting Officer advised she had initially checked with IBM and the Data Processing Manager for the Town of Palm Beach. From the information obtained, she determined that the equipment needed could be purchased for approximately $2500 and will seek bids on same. After some further discussion, and upon MOTION by Mr. Rand/Mr. Cohen, all budget transfers were recommended for approval as presented. FINANCIAL REPORTS The Board next reviewed year-to-date financial reports as of March 1990 and found them to be acceptable. Mr. Rand asked about the "radon tax" and the Town Manager explained that this is money collected for the county on new construction, of which the Town is allowed to retain a small administrative fee. (Note: After the meeting, the Chief Accounting Officer presented a written explanation of this tax, a copy of which is attached to and made part of these minutes.) • OTHER: Questioned by Mr. Rand, Mr. Seaman replied that the holders of the Town's two bond issues were NCNB and Manufacturers Hanover. Mrs. Mariano advised the members that representatives from Southeast Municipal Bond had already addressed the Water Resources Advisory Board and, as that Board's work went forward, she would like to arrange for Southeastern to address the FAB as well. There being no further business to come before the Board at this time, Chairman Firstenburg then announced that the next meeting would be held on Tuesday, June 12 at 9:30 A.M. He adjourned the meeting, with unan- imous vote, at 11:20 A.M. APPROVN: Fred Firstenberg, Chair �f ,/.-._...- OTTES DATE: dmt Benjamin Cohen, Vice Chairman ;Jo . Rand 0 L� STATE OF FLORIDA DEPARTMENT OF HEALTH AND REHABILITATIVE SERVICES NEW LEGISLATION EFFECTIVE ON BUILDING PERMIT l &N Bruce Sutherland Building Official Town of Highland Beach 3614 S Ocean Blvd Highland Beach, FL 33431 Dear Building Official: Attached is a copy of the radon Iegislat�on which has recently been passed. Please note that Section 1 amends Chapter'404056,Florida Statutes (F.S.), in which "department" refers to the Department of Health and Rehabilitative Services (FIRS), and Section 2 creates Chapter 553.98, F.S., in which "department" refers to the Department of Community Affairs (DCA). The specific portion of the legislation authorizing the assessment and collection of a buildin..... tr t sureha` a 'beginning Jul 1 088 .is found on page eight, Section 1(4). The P �µ g g Y P g g �.. funds collected are to be remitted to HRS "within .'one- month :following`'th� : ad f h calendar quarter. In .addition, the legislation, allows the unit of government collecting the surcharge�td r_em"n-up td S percent for this service; and provides for a termination date for the assessment and collection of the surcharge. The funds collected from the surcharge will be used to develop radon resistant building codes, to provide training to building inspectors on these codes, to conduct a public information program on radon and, if necessary, to supplement the certification program of radon measurement and mitigation companies in the state. It is anticipated that each quarter'£Tsingle reporting form will be submitted' o HRS "b1`—` pe ttin agency, The form will list the totaL";riumber -of buildin ermits -' ed tb—CWAL g P, numhei` o �T `'ez, et the t om __ y agency and h`e�neamount remitted to HR t forltheequartermoTh s latter ea amount should be sent to the Office of Radiation Control at the address given below. Specific rules regarding these requirements are currently being developed by the department. If you have any questions or require further information you may contact the Office of Radiation Control at the address given below or at (904) 4874004. Attachment V, —QA, . -11 Ct g I 1317 WINEWOOD BLVD. • TALLAHASSEE, FL 32399-0700 BOB MARTINEZ, GOVERNOR GREGORY L. COLER, SECRETARY ra N v • 0) m • ID m CL CL V 17 7 a ■ 1 .h 7 N A A O O a d ~ O n ~ N A 7 frtp A d 0 IV N' M nto A A M q" r' A IV A a u A d ,'� CL 1 Q u O 2 n mto ►�. A A IN YV a A O r A d 'C 0 A d A MI iA v1 a M a A h R CL to 0 a r N o pp w ' n b. n m 0 3 rt a ►01f A. h+ O .O O 'A T Lfl it W < A A W co 3 N ?AO: 3 d O pi V O A A M 0CL O �t u A n O M d .r O d A .► 9 � 1A.+ 9 CL . w ., d R w "'• .h A .h A A •' V • O • 1 1 Me a • 1 1 I i I I I I I 1 a I I I 1 I 1 1 I I 1 e i 1 C 1 i 1 C r I a I U 1 J 1 W W N N N N N N N N N N 1•r 1•� P+ 1•r N D. M 1•r 1••• r• ►r O .O O V ill Ln i W N O .O m V Cv. Ln r W N ►r O .O Co V P 1f1 r W N «•• n 1. a O tr O T T d 0. > n B 0. T A O C 7 I 7 O a n 0dc d a a p d a we n or• d rt a I" a asly x LL n r• d7b. MO a' C N, na n S dt073OaID r• rt 3 fl N + 3 O d O n 3 •r O r• n O 3 3 fL d O O d w O n n — n r• O o 0 c (D A ID L A CD t7 d tr _ 0 DI •t• r• d 'o 7 ►r 14 e Ir MIn 1% a e T a —1 ►E Iww s a o _ - o