2001.02.06_FAB_Minutes_Regulara
FINANCIAL ADVISORY BOARD
QUARTERLY MEETING
MINUTES
Tuesday, February 6. 2001 2.00 P.M.
Chairman Felix R. Goldenson called the meeting to order at 2:00 P.M. in Commission
Chambers. In attendance were Members Bryon R. McKinley, Charles D. Cohn and S.
Myran Browner. Vice Chair Marianne Salibello was absent. Also present were Town
Manager Ben Saag, Finance Director Stan Novak and representatives from the Town's
auditors, Haas Diaz.
APPROVAL OF MINUTES
Upon MOTION by MR. COHN/MR. McKINLEY, the Minutes of the November 29, 2000
Quarterly Meeting were unanimously approved.
NEW BUSINESS
Review Draft of Comprehensive Annual Financial ReportSept 30 2000
The Board reviewed subject document with Haas Diaz representatives. After discussion
• of subject document, and review completed, the following MOTION was made by MR.
BROWNER/MR. COHN:
THE FINANCIAL ADVISORY BOARD REVIEWED COMPREHENSIVE
ANNUAL FINANCIAL REPORT FOR SEPTEMBER 30, 2000, AND
RECOMMENDS APPROVAL BY THE TOWN COMMISSION.
MOTION was unanimously approved.
Chairman Goldenson suggested that a meeting be scheduled at a future date to discuss
the Town's Investment Policy.
Year End Financial Report was discussed, with no noted concerns.
Election of Officers for 2001
Upon MOTION by MR. Cohn/Mr. Browner, FELIX R. GOLDENSON was re -nominated
as CHAIRMAN. Upon MOTION by Mr. Cohn/Mr. Browner, MARIANNE SALIBELLO was
re -nominated as VICE -CHAIR. Motions met with unanimous approval.
With no further business to come before the Board, MOTION to Adjourn was made by
MR. BROWNERIMR. COHN at 10:35 a.m.
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• Financial Advisory Board
February 6. 2001 Page 2 of 2
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APPROVAL
Felix R. Goldenson, Ch.
Marianne Salibello, V.Ch.
Charles D. Cohn
S. Myron- Browner
ATTES'
DATE: o%