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1993.07.13_FAB_Minutes_RegularTOWN OF HIGHLAND BEACH, FLORIDA • FINANCIAL ADVISORY BOARD REGULAR MEETING Tuesday, July 13, 1993 9:30 a.m. Chairman S. Myron Browner called the Regular Meeting to order in the Commission Chambers at 9:30 a.m. Others present were Members Fred Firstenburg, Thomas J. Reid, and Frank Magarace. Vice Chair- man Victor P. Hadeed was absent. Also in attendance were Town Manager Mary Ann Mariano, Town Clerk Anne M. Kowals and Finance Director Michael Seaman. APPROVAL OF MINUTES MOTION by MR. FIRSTENBURG/MR. REED approving the Minutes of the June 17, 1993 Regular Meeting carried without objection. Mr. Firstenburg, alluding to Commissioner Rand's comment at the June 17 FAB Meeting, was advised not much money remains in the State Pooled Investment Fund, currently paying 3-1/4% interest, as monies have been moved from said fund and invested in the recommended U.S. Treasury Notes. OLD BUSINESS Chairman Browner noted, at the June 17th Meeting, the FAB agreed three consecutive absences from Regular Meetings by a Member would result in termination. Town Manager Mariano, noting the Commis- sion requested each Chairman submit a recommendation regarding this issue, advised the FAB was the only Board suggesting the three meeting rule be adhered to. After reviewing the matter, the Commission directed the Town Attorney draft an ordinance to amend the code to reflect 'three consecutive unexcused absences' would apply to all Boards thereby making all Boards consistent. Chair- man Browner stated he is distressed over this ruling (meaning the Chairman had the power to decide on dismissing a three meeting absentee Board Member). In response to Chairman Browner's query regarding a discussion at the last meeting concerning delinquent real estate taxes, the Finance Director advised the Palm Beach County Tax Collector's Office is sending the Town a print-out listed by property control numbers. Chairman Browner noted he is sticking by the statement he made at the last meeting regarding agreement as far as no adjustment or challenge to the salary increases included in this budget. The Chairman stated "We have budget savings; effectively, those salaries would not raise our millage rate which we anticipate will Pdecrease". Noting he feels the Town's employees are deserving of Financial Advisory Board Regular Meeting Minutes • July 13, 1993 Page 2 of 4 increases which are based on the 'Long Report', the Chairman re- peated a prior request to have the Town Commission direct the FAB review the 'Long Report' with the anticipation of putting a per- centage cap on salary increases. Town Manager Mariano noted the 'Long Report', prepared approxi- mately 8 years ago by an outside agency who sat with every Town employee analyzing pages of the responsibilities of each employee, resulted in a scale of salaries which set ceilings on each posi- tion. The 'cola' is separate from the 'Long Report' which assured caps which is a control; caps are increased according to the April CPI annually thereby keeping the 'Long Report' current. Our Per- sonnel Policy, approved by the FAB and Town Commission, provides that while one is in the 'Long Report', a merit increase of 3-5% may be awarded, depending on one's evaluation. It was noted the Town has a number of long-term employees in the 'excel' catagory; that means their ceiling will not increase as they are at the top. The Town Manager stated if this Board wants to get into reviewing the 'Long Report', she will not recommend the Town do so unless they are prepared to engage 'Long Associates', or any other con- sultant, inasmuch as no Board Member has the expertise to review municipal salaries to see if we are competitive with everyone • else. It was noted we fall in the middle of the scale and are competitive with all municipalities in Palm Beach County. Noting no one is over -paid, the Town Manager stated each employee does a good job and should be considered on his/her merit. The Town Manager went on record to oppose the FAB changing the 'Long Report' in any way unless a consultant is involved in the process. Mr. Firstenburg indicated that such consultants are generally pro - employee. In answer to Mr. Firstenburg's query, the Town Manager advised the Town's ICMA Retirement Plan requires the Employer contribute 5% of an employee's salary with the Employee mandated to contribute 2%. Replying to Mr. Magarace's question, Town Manager Mariano noted a survey of employee salaries in cities under 10,000 population is received annually from the Florida League of Cities. Noting he does not think it is the role of the FAB to review the 'Long Report', Mr. Magarace commented he has a philosophical prob- lem with caps as he feels salary adjustments and increases should be based on performance, professional advancement through academic studies, and the market; often times, caps are an impediment with regard to an employee's motivation. It was noted the Town has a re-classification provision that is implemented when needed. 0 Financial Advisory Board Regular Meeting - Minutes • July 13, 1993 Page 3 of 4 CORRESPONDENCE Town Manager Mariano advised she received correspondence from Vice Chairman Victor Hadeed suggesting the line items be broken up to reflect one is Contingency with a separate line item reflecting "Reserve Reimbursement". The budget should be clarified for all to see that part is for "Contingency" with the other part being a reimbursement of the "Reserve" monies that had been used to satisfy expenditures. This would present the opportunity for us to adhere to a policy of 5-8% "Contingency Fund" with any revenues above that placed in the "Reserve Reimbersement Fund". Continuing, the Town Manager repeated Mr. Hadeed's suggestion, i.e., whatever we lump together, if we are trying to replenish what was taken out in the past, for the public's clarification as well as ours, we should set a specific "Contingency" amount and, if there are excess funds we wish to use to replenish the re- serves, we should call it "Reserve Reimbursement". Mr. Reid noted money placed in the "Contingency" can be allocated anywhere while money in the "Reserve Reimbursement" would be protected with regard to where that money will go. • NEW BUSINESS Members reviewed the proposed 93/94 fiscal year budget at length. During substantial discussion regarding the cuts implemented in the budget (i.e. delaying the purchase of a computer system for the Town Clerk's Department, capping the merit raise at 3%, etc.), when Chairman Browner questioned if the "Contingency" might be reduced further, the Town Manager advised she would be happy to consider any 'specific' cuts he might suggest; however, the budget has been cut to the max and the "Contingency Fund" is necessary for any unforeseen emergency that may surface. With regard to the Expenditures, the Town Manager noted, as discussed at the last FAB Meeting, the Town Attorney submitted a request for an increase in the general litigation retainer. Since there will be a decrease in the other legal items, the overall budget for the legal depart- ment would remain the same as last year. At the end of the lengthy deliberation, the Financial Advisory Board took the following action: MR. FIRSTENBURG MOVED the FAB accept the budget as revised and recommended the Town Commission adopt it; and a milage rate of 3.3662 be adopted for the fiscal year 1993/94 which includes the debt service. MR. MAGARACE SECONDED the MOVE which was favorably received by the • Membership. Financial Advisory Board Regular Meeting - Minutes • July 13, 1993 Page 4 of 4 MR. FIRSTENBURG MOVED, on the recommended Garbage and Trash Charges, the FAB approve a rate schedule for 1993/94 fiscal year of $10.80 for curbside units with $7.00 for commercial yardage. The MOVE, SECONDED by MR. REID, passed without objection. A MOTION by MR. FIRSTENBURG to concur with staff recommenda- tion of no change in the 1993/94 fiscal year rates charged for water and sewer, was SECONDED by MR. REID. This MOTION received unanimous approval. The matter of the "Long Report" was broached again. Town Manager Mariano stated she will inform the Town Commission of the FAB's repeated request to review said report. Upon proper MOTION and SECOND, Chairman Browner adjourned the Regular Meeting of the Financial Adviso y� Board at 10:50 a.m. APPROVED: • - S .` Myr n Browner, Chairm&n--— (Absent) Victor P. Hadeed, Vice Chairman Fred Firstenburg 9,esct) f YFrA. Ma arac1 Thomas J. Reid ATT ST: DATE: AMK 0 s MEMORANDUM • TO: TOWN COMMISSION FROM: S. MYRON BROWNER, CHAIRMAN FINANCIAL ADVISORY BOARD DATE: JULY 15, 1993 RE: 1993/94 FISCAL YEAR BUDGET RECOMMENDATIONS At the Financial Advisory Board Meeting of July 13, 1993, the following recommendations concerning the 1993/94 Fiscal Year Budget received unanimous approval from the Membership: The FAB accepts the budget as revised and recommends it be adopted by the Town Commission; and, the FAB further recom- mends a millage rate of 3.3662, which includes the debt service, be adopted for the fiscal year 1993/94. The FAB approved the following recommended rate change for • Garbage and Trash Charges for the 1993/94 fiscal year: $10.80 ..... Curbside units (Current rate $10.25) $ 7.00 ..... Condominium (Current rate $6.45) The FAB concurred in the staff recommendation of no change in the rate charges for water and sewer for the fiscal year 1993/94 S. Myron Browner /AMK cc: Town Manager 18