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1997.12.19_FAB_Minutes_RegularI ; 0 a TOWN OF HIGHLAND BEACH FINANCIAL ADVISORY BOARD REGULAR MEETING MINUTES Friday, December 19, 1997 9:30 A.M. Chairman Felix R. Goldenson called the Regular Meeting to order in Town Hall at 9:30 A.M. Deputy Town Clerk Jane Dillon called the roll. Present were Chairman Felix R. Goldenson, Vice Chair John R. DeMarco, Members Bryon McKinley, Charles D. Cohn, and new member Marianni Salibello Finance Director Stan Novak, Town Manager Mary Ann Mariano and Commissioner Reid were present as well as members of the general public. APPROVAL OF MINUTES Upon MOTION by MR. DEMARCO/MR. MCKINLEY, the minutes of the August 26, 1997 Regular Meeting were approved. NEW BUSINESS REVIEW YEAR END INTERNAL FINANCIAL STATEMENTS AND YEAR END BUD GET TRANSFERS. Mr. Novak reviewed the expenditures within the report with particular line items being addressed as needed. The Members agreed to hold Quarterly Financial Reviews with the following schedule set in place for same: March, June, September and December. Mr. Novak will continue to distribute the monthly financial reports. The Board will meet the end of January, 1998 to finalize the year end preliminary budget. With no further business to come before the Board at this time MOTION to adjourn was made by MR. DEMARCO/MR. MCKINLEY at 11:15 A. M. I ., 0 Financial Advisory Board I -A�deust Paae 2 of 2 ,bec�-. (Cii APPROVE: q��, 0,-5jq�g� Felix R. Goldenson, Chairman r,,f�j, j �k ohn R. DeMarco, c Charles D. Cohn Marianne Salibello Attest: Date: ce Chairman