HomeMy WebLinkAboutMinutes BOC 121304BUDGET OVERSIGHT COMMITTEE
December 13, 2444
Minutes
The Budget Oversight Committee met on December 13, 2004. The meeting was called to
order at 9:00 AM in the Council Chambers of the Municipal Complex, located at 10500
North Military Trail, Palm Beach Gardens, Florida, and opened with the Pledge of
Allegiance.
L OATH OF OFFICE
Patricia Snider, the City Clerk administered the Oath of Office to all the members
of the Committee.
H. ROLL CALL
Present: John Chaplik, Martin Cohen and Maureen Maquire
Also Present: Allan Owens, Staff Liaison and Finance Administrator, Mary
Anderson, Alternate Staff Liaison and Finance Manger, Patricia Snider, City
Clerk, and Susan Bell, Public Information/ Recording Coordinator.
III. SELECTION OF INTERIM OFFICERS (to serve until January 2005)
The Committee selected John Chaplik to serve as Chair and Maureen Maquire to
serve as Vice Chair.
IV. APPROVAL OF MINUTES
The Committee approved the minutes from the August 11, 2004 meeting.
V. ORIENTATION SESSION
The orientation session was postponed because the City Attorney, Christine
Tatum was not available to give the orientation session. The orientation will be
rescheduled for the near future.
VI. OLD BUSINESS
Allan Owens distributed a copy of the 2005 budget to the Committee. Allan went
through a summary of the budget. He explained each chapter of the document and
suggested that the committee read over the budget document and at the next
meeting come back with questions.
There was discussion about the goals for this committee including ideas,
suggestions and support for the budget.
There was also discussion about what effect the hurricanes had on the City and
the Budget. Allan explained that the City drew down some of its reserves and
will eventfully be reimbursed by FEMA. The storms reinforced the City's
thinking they need to have adequate reserves in a case of an emergency.
John Chaplik asked Allan about the City's tax base and future development in the
City. Allan explained that the City has an Economic Development Administrator
and is looking down the road and recognizing the need to diversify the City.
There is a need to have value added businesses and not rely so much on
residential tax dollars.
The Committee agreed to read over the budget and come back with questions at
the next meeting.
VII. ADJOURNMENT
There being no fitrther business to discuss, the meeting was adjourned at 9:44
AM.
Approval:
Jol m Chaplik
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n open
Attest:
Su , Bell
Public Information/ Recording Coordinator
Maureen Maquire