Loading...
HomeMy WebLinkAboutMinutes BOC 0823071 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 BUDGET OVERSIGHT COMMITTEE AUGUST 23, 2007 MINUTES The Budget Oversight Committee met on August 23, 2007, in the Council Chambers of the Municipal Complex, located at 10500 North Military Trail, Palm Beach Gardens, Florida. The meeting was called to order by Harvey Goldberg, Chair, at 9:12 A.M. Roll Call Members Present: Harvey Goldberg — Chair L. Marc Cohn — Vice Chair Mark Veil — Committee Member Members Absent: Martin Cohen — Committee Member John Chaplik — Committee Member Hal Valeche — Council Liaison Also in attendance: Allan Owens Finance Administrator /Staff Liaison Grace Hughes Administrative Specialist III APPROVAL OF MINUTES: There were no minutes to be approved. 2007/2008 BUDGET OVERSIGHT COMMITTEE REPORT: • Allan Owens, Finance Administrator /Staff Liaison, stated that a copy of the Committee Report was on- screen and available for strike - through should changes be required. A clean copy was on the desk. If acceptable it can be approved as written. • Time was allotted for review. • Allan Owens stated that he agrees with the bulk of the report. He also stated that there are pros and cons to an audit committee and believes that it is not viable at this time. • Typographical inconsistencies were noted by Harvey Goldberg, Chair, and Mark Veil, Committee Member including: 1. Page 1, para 1, line 5 under Proposed Reserve Funds: remove underscore from capital letter "F." 2. Page 2, para 2: underscore "Employment." 3. Page 2, para 2, line 5 under Employment: quotation marks around "insurance" and the underscore should be removed. 4. Page 3: underscore "Pension Plan." 5. Last page: underscore "Independent Audit Committee." 6. Capitalize headings in each section for consistency. • Harvey Goldberg suggested accepting the report as written subject to the noted corrections. Budget Oversight Committee Meeting Minutes 082307 Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 • Allan Owens noted for the record that an e-mail had been received from Martin Cohen, Committee Member, informing the committee that he is retiring at the end of this 3 -year cycle. He respects everyone's intellect, experience and cooperative spirit and it was a productive and enjoyable experience. • Harvey Goldberg inquired if the position vacated by Martin Cohen would be posted. Allan Owens replied that it would and that the application is available on the City website under Boards and Committees. • Allen Owens stated that the first budget hearing is scheduled for September 4, 2007 and will coincide with the evening's Council meeting. The second and final hearing is scheduled for September 19, 2007. He encouraged committee members to attend. Motion: • A motion was made to accept the 2007 -2008 Committee Report, pending noted corrections, seconded and approved by a 3 -0 vote. (The remainder of this page intentionally left blank.) Budget Oversight Committee Meeting Minutes 082307 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 ADJOURNMENT: With no further business to discuss the meeting adjourned at 9:30 A.M.. APPROVED: Ae,4, ",5 11arvey Obldberg, Chair L. Ma4 Cohn, Vice Chair d1M'l fA �!06 Jotin Chaplik, Committee Member Martin Cohen, Committee Member 7�� za- Mark Veil, Committee Member Attest: P tricia Snider, CMC City Clerk NOTE: These action minutes are prepared in compliance with 286.011 F.S. and are not verbatim transcripts of the meeting. A verbatim audio recording is available from the Office of the City Clerk. All referenced attachments on file in the City Clerk's office. Budget Oversight Committee Meeting Minutes 082307 Page 3