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Minutes 07-14-14 MINUTES F THE FINANCIAL ADVISORY COMMITTEE TI HELD IN THE CITY LIBRARY CONFERENCE ROOM A 208 S. SEACREST BLVD., BOYNTON BEACH, FLORIDA ON MON JULY 14, 2014, AT 6:00 P.M. PRESENT: Steven Grant, Chair Tim Howard, Finance Director Fakhry "Ed" Boulos Dolores Schlesselman David Yankovich ABSENT: Jeffrey Grady, Vice Chair Christine Stella 1. Call to Order Chair Grant called the meeting to order at 6:11 p.m. Roll call established a quorum was present. It was noted Ms. Stella's term expired last month. 2. Other Business ➢ Updated list of Committee Members Board Liaison, Tim Howard, distributed the list to the members. ➢ List of Original Assignment Areas for FY 2014 -15 A list of tasks was submitted to the members. 3. Review of Committee Member Recommendations • Have Dolores and Ed's recommendations Mr. Boulos submitted his recommendations regarding alternative energy. Ms. Schlesselman had her information regarding conservation. As to Commissioner Fitzpatrick's request to study creating a fundraising organization for the City, the members determined using the Greater Boynton Beach Foundation was sufficient. • Jeff Grady recommendations Per Mr. Grady's email, the recommendations for his vacant lots were a good maintenance program. Meeting Minutes Financial Advisory Committee Boynton Beach, FL July 14, 2014 • Christine Stella Ms. Stella's recommendations for vacant lots were completed, but not submitted. • Steven Grant Mr. Howard needed Ms. Stella's and Chair Grant's recommendation's in Word Format by July 16 in order to place the item on the agenda. 4. Budget Workshop, Monday, July 21' in Library Program Room, Financial Advisory Committee will probably present their recommendations ® Executive Summary if doing one Chair Grant advised he would create an executive summary of the recommendations and the evaluation of alternative energy sources. • Summary of Survey There were many good comments contained in the City Services Survey. Chair Grant would summarize them, including what was complained about the most. At the budget meetings, departmental presentations are made and the City Commission determines the millage rate. The members were not required to attend the meeting, but Chair Grant would attend. In the past, the Committee had been asked to review the budget and determine how to cut costs. Since that did not occur this year, further direction was needed. Chair Grant inquired if there were any comments he could convey to the City Commission. The Committee studied and had made recommendations regarding pensions, and that issue was ongoing. They studied vacant lots which pertained to zoning, and alternative energy/energy efficiency which was not really a finance item. The members discussed business grants, but were unaware if there were any residential grants. It was pointed out there were County, State and Federal grants that are appropriated to the City and some that are applied for on a competitive basis. Grants could be written for a specific item such as a senior helpline. The Committee could screen and publicize them for the City Commission. Mr. Yankovich thought when grant opportunities arose and non-profits requested funds, the Financial Advisory Committee should review their proposals and make a recommendation to the City Commission. 2 Meeting Minutes Financial Advisory Committee Boynton Beach, FL July 14, 2014 Mr. Boulos commented the Planning and Zoning Division already does this for the City Commission with development projects. Last year, he studied development fees and the recommendation to increase fees was forwarded to the City Commission. He was aware one woman applied and received a rent subsidy grant and another applied to the CRA and received a grant without any analysis. Mr. Yankovich also pointed out some municipalities hold landlord seminars regarding Section 8 Housing best practices and landlords take a written test which resulted in a dramatic reduction in evictions. This may be something in which the Financial Advisory Committee could play a role. Ms. Schlesselman pointed out the Committee was created by Ordinance and its tasks are contained therein. It was also created under a prior City Commission and there are new Commissioners. In 2010, there were 40 tasks to be studied which were down to eight. The survey conducted by the Economic Development Manager was different than the City Services Survey the Financial Advisory Committee conducts. The Commission could be approached for direction on other types of questions to ask or if they want the response options narrowed. It was just one component the Commission could use to make policy decisions based on public input and after brief discussion, the Committee decided to meet one more time to review the results of the presentation, learn of any new tasks and determine when to meet next. 5. Adjournment Motion There being no further business to discuss, Mr. Yankovich moved to adjourn. Mr. Boulos seconded the motion that unanimously passed. The meeting was adjourned at 6:52 p.m. f Catherine Cherry Minutes Specialist 140731 3