2022.10.27_FAB_Minutes_Regular• TOWN OF HIGHLAND BEACH
FINANCIAL ADVISORY BOARD REGULAR
MEETING MINUTES
Town Hall / Commission Chambers Date: October 27, 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 11.30 A.M.
2. ROLL CALL
PRESENT
Board Member Edward Kornfeld
Board Member David Goldberg
Board Member Mitchell Pakler (virtually)
Board Member Peter Weiner (virtually)
Board Member Richard Greenwald
Vice Chairperson Ronald Reame (virtually)
Chairperson David Stern
Administrative Support Specialist Jaclyn DeHart
Additional Staff Present
Finance Director David DiLena
3. PLEDGE OF ALLEGIANCE
The Board Members led the Pledge of Allegiance to the United States of America.
4. APPROVAL OF THE AGENDA
Motion: Greenwald/ Reame - Moved to approve the agenda as presented, which
passed unanimously 7 to 0.
5. PUBLIC COMMENT
There were no public comments.
6. APPROVAL OF MINUTES
A. July 07, 2022
Financial Advisory Board Regular Meeting Minutes
Date: October 27, 2022 Page 2 of 4
August 23, 2022
Motion: Greenwald/ Kornfeld - Moved to approve the minutes of July 07,
2022, and August 23, 2022, which passed unanimously 7 to 0.
7. UNFINISHED BUSINESS
A. None
8. NEW BUSINESS
A. Third Quarter Financial Report - David DiLena, Finance Director
Finance Director DiLena presented the third quarter financial report.
The Board Members discussed the changing costs of the budget for building the
new Fire Station, contingency plans for gaining more funding, and inflation costs.
Member Goldberg called for a motion to have an updated fire rescue budget for
the next meeting.
Motion: Goldberg/Greenwald - Moved to have an updated fire rescue budget
for the next meeting, which passed unanimously on a 7 to 0 vote.
Member Goldberg spoke about the water award won by The Town of Highland
Beach, and he encouraged the other board members to take a tour of the water
treatment plant.
Chairperson Stern asked about the rising interest rates and how that relates to
the Town's investment funds. Finance Director DiLena said it could be looked at
during the next meeting to give more insight.
B. Consideration and approval of the 2023 proposed Financial Advisory Board
Meeting Schedule.
Motion: Greenwald/Goldberg - Moved to accept the meeting dates which
passed unanimously 7 to 0.
9. BOARD MEMBERS REPORT
Member Goldberg announced that he has resigned from the Board and would be
leaving in the new year.
Chairperson Stern announced that his term as member of the Financial Advisory
Board would expire as of April 2023.
Financial Advisory Board Regular Meeting Minutes
Date: October 27, 2022
10. ANNOUNCEMENTS
Page 3 of 4
Commissioner Stern read the announcements as follows.
October 27, 2022
5.00 - 7.00 P.M
November 01, 2022
1.30 P.M.
November 02, 2022
9:30 A.M.
November 09, 2022
1:00 P.M.
November 09, 2022 6:00 P.M.
November 10, 2022 9:30 A.M.
November 10, 2022 6:00 P.M.
December 07, 2022 6.00 P.M.
11. ADJOURNMENT
The meeting adjourned at 12:23 P.M.
Food Truck Event
Town Commission Meeting
Natural Resources Preservation
Advisory Board Regular Meeting
Code Enforcement Board Regular
Meeting
Public Meeting Accessory Marine
Facility Regulations
Planning Board Regular Meeting
Public Meeting Accessory Marine
Facility Regulations
Public Meeting Accessory Marine
Facility Regulations
Financial Advisory Board Regular Meeting Minutes
Date: October 27, 2022
Page 4 of 4
APPROVED at the March 21, 2024, Financial Advisory Board Regular Meeting
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Ronald Reame, Vice -Chairperson
Transcribed by: Jaclyn DeHart
3/21 /2024
Date
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-
https://highlandbeach-fl.municodemeetings.com/.