2023.07.27_FAB_Minutes_RegularI
• - TOWN OF HIGHLAND BEACH
TOWN FINANCIAL ADVISORY BOARD
REGULAR MEETING MINUTES
Library Community Room Date: July 27, 2023
3614 South Ocean Boulevard Time: 11:30 AM
Highland Beach, Florida 33487
1. CALL TO ORDER
Board Member Greenwald called the meeting to at t 11.30 A.M.
Due to a lack of a physical quorum, the Board could not make official motions or
recommendations. Item 6.A., Approval of Minutes, and Item 8.B., Nomination
Chairperson and Vice Chairperson will be placed on the next meeting agenda for
approval.
2. ROLL CALL
PRESENT
Board Member Mark Zarrilli
Board Member Edward Kornfeld
Board Member Mitchell Pakler (Joined via Zoom)
Board Member Richard Greenwald
Town Clerk Lanelda Gaskins
ABSENT
Board Member John Verdile
Board Member Peter Weiner
Chairperson Ron Reame
Additional Staff Present
Finance Director David DiLena
Human Resources Director/Risk Manager Eric Marmer
Town Manager Labadie
3. PLEDGE OF ALLEGIANCE
The Board led the Pledge of Allegiance to the United States of America.
Board Member Pakler inquired about the nomination of Chairperson or Vice
Chairperson as it relates to interested individuals. There were conversations about
the process pertaining to the sitting board members nominating board members as
Chairperson and Vice Chairperson.
Financial Advisory Board Regular Meeting Minutes
Date: July 27, 2023
4. APPROVAL OF THE AGENDA
No Motions were made to approve the agenda.
5. PUBLIC COMMENT
There were no public comments.
6. APPROVAL OF MINUTES
A. October 27, 2022
January 26, 2023
Page 2 of 4
The October 27, 2022 and January 26, 2023 minutes have been tabled and will
be added to the next meeting agenda.
7. UNFINISHED BUSINESS
None.
8. NEW BUSINESS
A. Welcome to New Board Members
Mark Zarrilli
John Verdile
B. Nomination Chairperson and Vice Chairperson, term ending April 26,
2024.
Due to the lack of a physical quorum, this item was tabled and will be added to
the next meeting agenda.
C. Consider recommendation to approve the New Purchase Policy and
Proposed Ordinance.
Eric Marmer, Human Resources/Risk Management Director presented the
proposed changes to the New Purchase Policy. The proposed revisions will
help enhance efficiency and accountability in the purchasing process as well as
promote fair competition among suppliers. Additionally, the purchasing limits will
be revised as follows: Purchases under $10,000 will require one written quote;
Purchases from $10,001 to $50,000 will require three written quotes, and
Purchases over $50,001 and over will require competitive solicitation such as
sealed bids or proposals.
There were discussions concerning quotes and purchasing limits.
Financial Advisory Board Regular Meeting Minutes
Date: July 27, 2023
Page 3 of 4
D. Proposed Operating Budget Presentation for Fiscal Year 2024 - Finance
Director DiLena
Town Manager Labadie commented that the Town's budget is in good
condition. Next year there will be a significant increase in the budget because of
the Fire Rescue Department.
Chairperson Reame joined the meeting at 12:12 P.M. via Zoom. Mr. Reame left
the meeting at 12:47 P.M.
David DiLena, Finance Director presented an overview of the Preliminary Fiscal
Year 2024 Operating Budget.
Board Member Zarilli left the dais at 12:35 P.M.
Member Greenwald commended Town staff for a great budget presentation.
E. Presentation of Comprehensive Annual Financial Report for Fiscal Year
Ending September 30, 2022
Finance Director DiLena provided a PowerPoint presentation of the
Comprehensive Annual Financial Report for the Fiscal Year Ending September
30, 2023.
F. Year-to-date Financial Report
Mr. DiLena presented and spoke standard budget to actual report pertaining to
budget versus revenue and expenditure report through June 20, 2023.
Board Member Greenwald inquired about the health insurance data. Town
Manager Labadie mentioned staff anticipate receiving the health insurance data
tomorrow. There were conversations about quality health insurance.
9. BOARD MEMBERS REPORT
Board Members Greenwald and Kornfeld had nothing to report.
10. ANNOUNCEMENTS
There were no announcements made.
Financial Advisory Board Regular Meeting Minutes
Date: July 27, 2023 Page 4 of 4
11. ADJOURNMENT
The meeting adjourned at 1:15 P.M.
APPROVED at the December 07, 2023, Financial Advisory Board Regular Meeting
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Ronald ReamId, Vice -Chairperson
Transcribed by: Jaclyn DeHart and Lanelda Gaskins
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/.