2004.09.29_FAB_Minutes_Special• FINANCIAL ADVISORY BOARD
SPECIAL MEETING
MINUTES
Wednesday, September 29 2004 9 00 A.M.
Chairman John DeMarco called the meeting to order at 9:30 A.M. in Commission
Chambers. In attendance were Vice Chair Alan Teller, James W. Newill and Anthony
Philosophos. Max Angel was absent. Also present were Acting Town Manager Doris
Trinley, Finance Director Stan Novak and members of the general public.
APPROVAL OF MINUTES
Upon MOTION by MR. NEWILL/MR. PHILOSOPHOS, the minutes of the July 8 Regular
Meeting and the two July 22 Special Meetings were unanimously approved.
NEW BUSINESS
Mr. Newill asked to discuss the June and July Financial Statements reflecting on the
public works operating expenses. August Financials were t*eP--fe*ea7ett-A1aW�d,
Discussion ensued about insurance coverages. The Board felt that the FAB and Town
• Commisssion should review insurances policies and current rates on a yearly basis, with
the possibility of chang�ss insurers. A future meeting will be scheduled to review the
policies. 0t
ADJOURNMENT
With no further business to come before the Board, MOTION to Adjourn was made by
MR. NEWILL/MR. TELLER at 2:40 p.m.
APPROVAL
John DelYllarco, Ch.
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Alin Teller, V. Ch.
absent
Max Angel
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