2022.07.07_FAB_Minutes_RegularaTOWN OF HIGHLAND BEACH
FINANCIAL ADVISORY BOARD REGULAR
MEETING MINUTES
Town Hall / Commission Chambers Date: July 07, 2022
3614 South Ocean Boulevard Time: 11:30 AM
Highland Beach, Florida 33487
1. CALL TO ORDER
Chairperson Stern called the meeting to order at 11:33 A.M.
2. ROLL CALL
Member Edward Kornfeld
Member David Goldberg
Member Mitchell Pakler
Member Richard Greenwald
Vice Chairperson Ronald Reame (loined virtually at 11:40 A.M.)
Chairperson David Stern
Town Clerk Lanelda Gaskins
ABSENT
Member Peter Weiner
ADDITIONAL STAFF PRESENT
Finance Director David DiLena
Town Manager Marshall Labadie
3. PLEDGE OF ALLEGIANCE
The Board Members led the Pledge of Allegiance to the United State of America.
4. APPROVAL OF THE AGENDA
MOTION: Greenwald/Kornfeld - Moved to approve the agenda as presented,
which passed unanimously 5 - 0.
5. PUBLIC COMMENT
There were no public comments.
Financial Advisory Board Regular Meeting Minutes
Date: July 07, 2022 Page 2 of 3
6. APPROVAL OF MINUTES
A. May 09, 2022
MOTION: Goldberg/Pakler - Moved to approve the minutes, which passed
unanimously 5 - 0.
7. UNFINISHED BUSINESS
A. None.
8. NEW BUSINESS
A. Nomination Chairperson and Vice Chairperson to serve one year, ending
June 07, 2023
Chairperson Stern called for a motion to continue the current Chairperson and
Vice Chairperson in their present positions.
MOTION: Goldberg/Komfeld - Moved to nominate the two officers in their
current positions, which passed unanimously 4 to 0.
B. Proposed Operating Budget Presentation for Fiscal Year 2023 - Finance
Director DiLena
Town Manager Labadie and Finance Director DiLena presented comprehensive
PowerPoint slides highlighting the Proposed Operating Budget for Fiscal Year
2023.
Member Pakler left the meeting at 12:31 p.m.
The Board Members were satisfied with the Proposed Operating Budget as
presented.
Mayor Hillman asked the Board Members for their input on this plan. He asked,
"should we stay with the plan which basically zeros out and slightly drop off a little
bit on the millage (holding operating millage) and dropping the debt service
millage a little bit, or should we drop the operating millage rate a little bit and
pledge some reserves?"
Chairperson Stern, Members Greenwald and Kornfeld, and Vice Chairperson
Reame suggested leaving (as is) according to the plan as presented.
C. Presentation of Comprehensive Annual Financial Report for Fiscal Year
Ending September 30, 2021
Finance Director DiLena presented the Annual Financial Report.
Financial Advisory Board Regular Meeting Minutes
Date: July 07, 2022 Page 3 of 3
9. BOARD MEMBERS REPORT
There were no reports.
10.ANNOUNCEMENTS
Chairperson Stern read the announcements as follows:
August 02, 2022 - 1:30 P.M. Town Commission Meeting
August 04, 2022 - 12:00 P.M. Town Commission Special Meeting
August 16, 2022 - 1:30 P.M. Town Commission Meeting
August 18, 2022 - 2:00 P.M. Financial Advisory Board Regular Meeting (Tentative)
11. ADJOURNMENT
The meeting adjourned at 1:05 P.M.
APPROVED at the October 27, 2022, Financial Advisory Board Regular Meeting
ATTEST:
David Stern, Chairperson
Transcribed by: Lanelda Gaskins and
Latonda Gillion
Ganelle Thompson, Date
Administrative Support Specialist
Disclaimer: Effective May 19, 2020, per Resolution No. 20-008, all meeting minutes are
transcribed as a brief summary reflecting the event of the meeting. Verbatim audio/video
of this meeting can be found on the town's Media Archives & Minutes webpage: