1991.01.21_FAB_Minutes_Regular•
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TOWN OF HIGHLAND BEACH
FINANCIAL ADVISORY BOARD
QUARTERLY MEETING MINUTES
Thursday January 21 1999 10:30 A.M.
Vice -Chairman John R. Demarco called the Regular Meeting to order
in Commission Chambers at 10:30 a.m.
Deputy Town Clerk Jane Dillon called the roll. Present were Vice
Chairman John R. Demarco, Members Byron McKinley, Charles D. Cohn,
and Marianne Salibello. Chairman Felix R. Goldenson was absent.
Finance Director Stan Novak, Town Manager Ben Saag were present as
well as members of the general public.
APPROVAL OF MINUTES
Upon MOTION by MR. MCKINLEY/MR. COHN, the minutes of the July 14,
1998 Quarterly Meeting were approved, and upon MOTION by MR. COHN/
MR. MCKINLEY, the minutes of the October 15, 1998 Quarterly Meeting
were approved. Motions met with unanimous vote.
NEW BUSINESS
Review Draft of Comprehensive Financial Report
Debbie Diaz of Haas Diaz, the Town's Auditors, was present to
review subject document with the Board. Mr. Demarco pointed out
several items for clarification and change, which were noted. Ms.
Diaz reviewed document noting several items that were incorrectly
calculated and will be changed.
As the document was not distributed to the Board until day prior to
this meeting, several members felt they needed more time to review
it. Vice -Chair Demarco set February 4 as the cutoff date for any
concerns to be brought forth regarding the document. A memo will
be sent to the Town Commission recommending approval of the
Financial report, after any concerns are addressed.
Budget Transfers
There was brief discussion
recommended changes. Memo
recommending adoption of same.
OTHER BUSINESS
Election of Officers for 1999
on the Budget Transfers, with no
will go to the Town Commission
Upon MOTION by Mr. Demarco/Mr. McKinley, FELIX R. GOLDENSON was
re-elected as CHAIRMAN. Upon MOTION by Mr. McKinley/Ms. Salibello,
JOHN R. DEMARCO was re-elected as Vice Chairman.
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Financial Advisory Board
January 21, 1999 Page 2 of 2
Revenue Report
Mr. Novak discussed report with the Board, with no concerns
arising.
OLD BUSINESS
Workmen's Compensation will be discussed at the next Quarterly
Meeting in April.
With no further business to come before the Board at this time,
MOTION to adjourn was made by MR. McKINLEY/MR. COHN at 11:30 A.M.
APPROVE:
Felix R. Goldenson, Chairman
R1 DdMardo, Vice Chairman
a
-gyrorf R. Mc n e
Charles D. Cohn
Marianne Salibello
Attest:
Date:
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