2003.07.17_FAB_Minutes_Regular• FINANCIAL ADVISORY BOARD
REGULAR MEETING
MINUTES
•
CJ
Thursday, July 17, 2003 10:00 A.M.
Chairperson Marianne Salibello called the meeting to order at 9:30 A.M. in Commission
Chambers. In attendance were Members Byron R. McKinle'Alan Teller and
John De Marco. Felix R. Goldenson was absent."resent were Town Manager Ben
Saag, Finance Director Stan Novak and members of the general public.
APPROVAL OF MINUTES
MpQe'.-
Minutes were to the next scheduled meeting.
NEW BUSINESS
Review 2002-2003 Proposed Budget
Town Manager Ben Saag opened the meeting with a visual presentation of subject
budget. Assorted pie charts and graphs were shown, with explanation being made of
same. The Board discussed and asked questions, with the following MOTION being
made by MR. TELLER/MR. DeMARCO:
THE FINANCIAL ADVISORY BOARD RECOMMENDS TO THE TOWN
COMMISSION, APPROVAL OF THE PROPOSED 2003-2004 FISCAL
YEAR EXPENDITURE BUDGET. IT ALSO RECOMMENDS THAT THE
MILLAGE REMAIN AT THE PRESENT RATE OF 4.000.
MOTION passed with unanimous vote.
ADJOURNMENT
With no further business to come
R. MR. McKINLEY/MR. DeMARI
APPROVAL
Marianne Salibello, Ch.
B on R. McKinley,'V. Ch.-I
Felix R. Goldenson
ION to Adjourn was made by
Alan Teller
In Demarco
Attest: ate: Ociv2 0 3