1965.11.12_TC_Minutes
MINUTES: HIGHLAND BEACH TOWN COMMISSION -SPECIAL MEETING NOV. 12 , 1965
A special meeting to review the tentative budget and approve and adopt a final budget .
All Commissioners were present . All items of expected income and expense were com-
pared with 1964 yearly audit figures and current monthly financial statements .
With a few minor changes and the assumption that the interest rate on the approved
$300,000.00 bond issue would not exceed 4%, Commissioner Bunn moved that the
revised budget should be approved and adopted as the final budget for the fiscal year
starting November 1 , 1965. Commissioner Johnson seconded and all voted in the
affirmative .
The final budget is included in these minutes as page 2
Commissioner Johnson called attention to Resolution #131 ,approved August 3, 1965,
authorizing the town to execute a mortgage on the newly acquired Town Hall property
in the amount of $22 , 500.00. He stated that , with the approval of the bond issue on
November 2, 1965, there was no further need for this precautionary measure and moved
that Resolution #131 be rescinded. Commissioner Bunn seconded and all Commissioners
voted in the affirmative .
APPROVED:
ATTEST:
`~CLEM HACKMAN, MAYOR
FRED BUNN, VICE MAYOR
HAROLD E . J HNSO TOWN CLERK
MILDRED NOBLE, COMMISSIONER
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G. ARTHUR JONES, CO ISSIONER
TOWN CLERK
FINAL BUDGET FISCAL YEAR NOVEMBER 1, 1965
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ESTIMATED REVENUE
REAL ESTATE TAXES 32,564.00
WATER SALES 13,jQ0.00
LICENSE & PERMITS 2,000.00
ELECTRIC FRANCHISES 1,600.00
TELEPHONE FRANCHISES '750.00
LAND RENT 480.00
MISCELLANEOUS 600.00
TOTAL ESTIMATED REVENUE:
ESTIMATED EXPENSES
LEGAL 2,000.00
ADVERTISING 100.00
ACCOUNTING X00.00
ELECTRIC 1,900.00
GARBAGE 4,800.00
INSURANCE 600.00
MISCELLANEOUS 600.00
OFFICE SUPPLIES 800.00
POSTAGE 200.00
TELEPHONE 300.00
TRAVEL 1,800.00
OFFICE WAGES 3:600.00
WATER PLANT 4.$00.00
UTILITIES (GAS) 150.00
MAID SERVICE 300.00
REPAIRS & MAINTENANCE 3,500.00
SOCIAL SECURITY 350.00
WATER TREATMENT 1,000.00
INTEREST ON NEW BONDS 12,000.00
INTEREST OLD BONDS 2,650.00
Tll3f 8i388tDri~B 1, 200 .00
TOTAL ESTIMATED EXPENSES
1965 REAL ESTATE TAX ROLL
EXEMPTIONS HOMESTEAD & WIDOWS
NET REAL ESTATE TAX ROLL
1965 REAS ESTATE TAXES 3. mils
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51,494.00
4 050.00
10,950,535.00
95.660.00
10,854,s~5.oo
32,564,69