1998.03.12_FAB_Minutes_Regular•
TOWN OF HIGHLAND BEACH
FINANCIAL ADVISORY BOARD
QUARTERLY MEETING MINUTES
Thursday, March 12 1998 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 Marianne Salibello. Town
Manager Mary Ann Mariano, Finance Director Stan Novak and Vice
Mayor Thomas Reid were present as well as members of the general
public.
APPROVAL OF MINUTES
Upon MOTION by MR. COHN/MR. MCKINLEY, the minutes of the January
26, 1998 Regular Meeting were approved.
Review Ouarterly Budget
• There was lengthy review of subject Budget, with Mr. Novak
reviewing some particulars of the report with the Board.
Other New Business
Ms. Mariano and Mr. Novak presented the Town of Highland Beach
Employee Benefits questionnaire which was faxed to Palm Beach
County municipalities. The compiled results of the survey were
given to the Board for their review.
The ICMA Retirement fund was discussed, regarding the possibility
of offering a choice of one of two plans to all employees.
A Loan Guidelines packet was distributed for the Board's review.
A FAB meeting has been scheduled for Tuesday, April 21 at 1:30 p.m.
to continue review of these issues.
With no further business to come before the Board at this time,
MOTION to adjourn was made by MR. DEMARCO/MR. COHN at 10:45 a.m.
• Financial Advisory Board
• Financial Advisory Board
March 12, 1998 Pacre 2 of 2
APPROVE:
i
Felix R. Goldenson, Chairman
I-fm �
C
R. DeMarcb, vice Chairman
Bryon R. McKinley
• Charles D. Cohn
Marianne Salibello
Attest:
Date: