1998.10.15_FAB_Minutes_RegularTOWN OF HIGHLAND BEACH
• FINANCIAL ADVISORY BOARD
QUARTERLY MEETING MINUTES
Thursday, October 15, 1998 9:30 A.M.
Chairman Felix R. Goldenson called the Quarterly 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 DeMarco, Members Byron
R. McKinley and Marianne Salibello and Charles D. Cohn. Finance
Director Stan Novak, Vice Mayor Thomas J.Reid and Commissioner
Sorrelli were also present.
APPROVAL OF MINUTES
The minutes of the July 14, 1998 Meeting will be redistributed and
approved at the January 1999 Quarterly Meeting.
NEW BUSINESS
Quarterly Report
The Board reviewed the Quarterly Report and Expenditure Report,
which will be finalized by the Town's accountants.
• Light Duty Policy
There was lengthy discussion re subject policy, with conclusion
being that Stan Novak will rework the proposal using the Delray
Beach format and resubmit to the Town Attorney for his review and
written approval. The Financial Advisory Board will then re -review
for possible recommendation to the Town Commission.
The following MOTION was made by MR.GOLDENSON/MR. COHN:
RESUBMIT THE LIGHT DUTY POLICY PROPOSAL TO THE TOWN
ATTORNEY TO REVIEW AND OFFER HIS CONCURRENCE OF SAME IN
WRITING.
Motion met with unanimous approval.
Operations Audit
Acting Town Manager stated that the Ad Hoc Committee recommended a
proposal re having an independent operations audit outside the
scope of the Town Manager, but had not gone before the Town
Commission with subject recommendation according to procedure, and
went forth with a meeting with the Town auditors. Ms. Trinley also
felt that this independent audit should be disclosed to the
forthcoming candidate for the Town Manager.
Vice Mayor Reid suggested this be placed on the agenda for the
October 27 Town Commission Work Shop meeting, whereby the
recommendation for an independent audit may be transferred.
Financial Advisory Board
• October 15 1998 Page 2 of 2
With no further business to come before the Board at this time,
MOTION to adjourn was made by MR. DEMARCO/MR. MCRINLEY at 10:40
a.m.
APPROVE:
Felix R. Goldenson, Chairman
R. DeMarco; Vice Chairman
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Marianne Salibello
Attest:
Date:
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