2004.07.22_FAB_Minutes_Special (2)• FINANCIAL ADVISORY BOARD
SPECIAL MEETING
MINUTES
•
Thursday. July 22 2004 9 00 A.M.
Chairman John DeMarco called the meeting to order at 9.00 A.M. in Commission
Chambers. In attendance were Vice Chair Alan Teller, Max Angel, James W. Newill and
Anthony Philosophos. Also present were Town Manager Ben Saag, Finance Director
Stan Novak and members of the general public.
NEW BUSINESS
Review 2004-2005 Operating Budget
Town Manager Ben Saag offered a power point presentation re budget. Lengthy
discussion followed with questions being asked by the members.
It was noted that on page 74 (library) need to correct related costs: that there are related
costs.
MOTION was made by MR. NEWILL/MR. TELLER to recommend to the Town
Commission that they approve the 2004-2005 Operating Budget.
MOTION carried unanimously.
ADJOURNMENT
With no further business to come before the Board, MOTION to Adjourn was made by
MR. TELLER/MR. ANGEL at 10:30 a.m.
APPROVAL
Ph�--DeM'arco, Ch.
Alan rTeller, V. Ch.
Max Angel
Attest:4�'u�Date:
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Ja W. Newill
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nthony hilosophos
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