1996.07.02_FAB_Minutes_Regular4
• TOWN OF HIGHLAND BEACH
FINANCIAL ADVISORY BOARD
REGULAR MEETING
MINUTES
Tuesday. Julv 2, 1996 _ 9:30 A.M.
Chairman Victor P. Hadeed called the Regular Meeting to order in
Commission Chambers at 9:30 A.M.
Deputy Town Clerk Jane Dillon called the roll. Present were
Chairman Victor P. Hadeed and Members S. Myron Browner, William Wm.
Rothenberg and Bryon R. McKinley. Vice -Chair John R. Demarco was
absent.
Also present were Town Manager Mary Ann Mariano, Finance Director
James Zablosky, Sr. and Felix R. Goldenson who was in the audience.
Thomas J. Reid was also present to act as consultant to the board.
APPROVAL OF MINUTES
Upon MOTION by MR. BROWNER/MR. ROTHENBERG, the Minutes of the March
11, 1996 Regular Meeting were unanimously approved.
NEW BUSINESS
• Chairman Hadeed welcomed Mr. McKinley, Commissioner Reid and Felix
Goldenson. Ms. Mariano introduced Finance Director James Zablosky,
Sr., stressing his admiral work on the budget which the board would
be reviewing.
Ms. Mariano offered an overview on the budget, stating the
inclusion of merit increases this year, which had been eliminated
last year. She informed the Board of the pending consolidation of
departments in the City, explaining that the Maintenance Department
will be placed under the jurisdiction of the Building Official, and
the Post Office will be placed under the jurisdiction of the
Finance Director.
The FAB reviewed the proposed expenditures for the 96/97 budget,
with discussion, questions and answers. Following are some items
focused on:
1. A larger reimbursement from the Government for the Post Office
due to increased traffic will be investigated.
2. Library Foundation: While the Town has the legal resposi-
bility of funding the expense for any expansion of the town hall
and library, any money raised through the Foundation will be
donated back to the Town to go toward the library portion of the
renovation.
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Financial Advisory Board
July 2, 1996 Page 2 of 2
Discussion centered around the town hall expansion and the 1 millon
dollars which is being allocated in the budget for same. There was
discussion of approving only the definite expenses and not
including the money for the renovation in the budget.
Ms. Mariano stated that if the renovation should not be approved,
the budget could be amended, but at this point the million dollars
needs to be included. Commissioner Reid added that it will be
included as an expenditure, but will not be coming out of existing
revenue sources.
After completion of the budget review, it was recommended that
Commissioner Reid report to the Town Commission that the Financial
Advisory Board has received and reviewed the operating expenses and
at a subsequent meeting will review the revenue sources.
CORRESPONDANCE
Mr. Browner resigned from the Financial Advisory Board, effective
Tuesday, July 2, 1996. His letter of resignation is attached
hereto and made a part of these minutes.
The Committee extended a Motion of appreciation and congratulation
to Mr. Browner.
With no further business to come before the Board at this time,
MOTION to adjourn was made by MR. BROWNER/MR. ROTHENBERG at 10:50
a.m.
APPROVE:
ictor P. Hadeed, Chairman
Absent
John R. Demarco, Vice Chairman
S. Myron Browner
1 J1Xn
Werner Wm. Rot enberg
i
• Bryon R. McKin ey
ATTEST:
DATE:
S. Myron Browner
• 4740 South Ocean Boulevard, Apt. 102
Highland Beach, Florida 33487
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