1996.07.16_FAB_Minutes_Regular.J
• TOWN OF HIGHLAND BEACH
FINANCIAL ADVISORY BOARD
REGULAR MEETING
AMENDED MINUTES
Tuesday, July 16, 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, Vice Chair John R. DeMarco, Members
William Wm. Rothenberg, Bryon R. McKinley and Felix R. Goldenson.
Also present were Town Manager Mary Ann Mariano, Finance Director
James Zablosky, Sr., Commissioner Thomas J. Reid and S. Myron
Browner.
APPROVAL OF MINUTES
Upon MOTION by MR. ROTHENBERG/MR. MCKINLEY, the Minutes of the
July 2, 1996 Regular Meeting were unanimously approved.
NEW BUSINESS
• Chairman Hadeed welcomed new board member Felix Goldenson.
Mr. Zablosky presented an overview of the proposed revenues, at
which time discussion ensued with questions and answers. The board
showed concern on recommending approval of the one millon for the
Town Renovation, since they have not analyzed the project expenses.
After all concerns were addressed,
The following MOTION was made by MR. ROTHENBERG/MR. DEMARCO,
The Financial Advisory Board recommends approval of the
proposed 1996/1997 fiscal year expenditure budget with
exception of the one million dollars for the Town Hall
renovation until further review.9
The following MOTION was made by MR. DEMARCO/MR. ROTHENBERG,
The Financial Advisory Board recommends that the millage
remain at the present rate of 4.000.
The following MOTION was made by MR. ROTHENBERG/MR. MCKINLEY,
The Financial Advisory Board recommends approval of the
water rates based on the July 10, 1996 proposal.
• Financial Advisory Board
• Financial Advisory Board
July 16, 1996 Page 2 of 2
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The following MOTION was made by MR. DEMARCO/MR. ROTHENBERG:
The Financial Advisory Board recommends approval of the
proposed sewer rate schedule, at 13.15 per unit/month.
The Board voted in favor of the above said Motions. Copies of both
rate proposals are attached hereto and made a part of these
minutes.
A Financial Advisory Board meeting is scheduled for Tuesday, July
23, 9:30 a.m. to discuss potential funding methods for proposed
Town Hall renovation.
With no further business to come before the board, MOTION to
adjourn was made by MR. GOLDENSON/MR. ROTHENBERG at 10:35 a.m.
APPROVE:
ictor P. Hadeed, Chairman
R. DeMarco, 'Vice Chairman
V Z'J.. is
Werner Wm. Rothe erg
Byron r. McKi ey
ATTEST: v�
DATE: `��L