Finance Board

901 Ponce de Leon Blvd. Belleair, FL 33756 Town of Belleair Meeting Minutes Finance Board 4:00 PM Town HallWednesday, July 13, 2022 Welcome. We are glad to have you join us. If you wish to speak, please wait to be recognized, then step to the podium and state your name and address. We also ask that you please turn-off all cell phones. Meeting was called to order at 4:01 PM with chairman Piccarreto presiding. ROLL CALL Mr. Copp attended via zoom. Chairman Kevin Piccarreto, Vice Chairman Kate Fisher, John Hail, Patrick Maguire, Kathleen Perrott, and Lawrence Copp Present 6 - Kimberly SteinbergAbsent 1 - CITIZENS COMMENTS No citizens comments. APPROVAL OF MINUTES 22-0253 Approval of April 20, 2022 Meeting Minutes Mr. Maguire moved approval of minutes; Seconded by Ms. Fisher. Aye: Chairman Piccarreto, Vice Chairman Fisher, Hail, Maguire, Perrott, and Copp6 - Absent: Steinberg1 - GENERAL AGENDA 22-0252 Election of Officers Ms. Fisher moved to nominate Kevin Piccarreto as chair. Seconded by Mr. Maguire. Aye: Chairman Piccarreto, Vice Chairman Fisher, Hail, Maguire, Perrott, and Copp6 - Absent: Steinberg1 - Mr. Maguire moved to nominate Kate Fisher as vice chair; Seconded by Mr. Hail. Aye: Chairman Piccarreto, Vice Chairman Fisher, Hail, Maguire, Perrott, and Copp6 - Absent: Steinberg1 - Page 1Town of Belleair Printed on 10/31/2022

July 13, 2022Finance Board Meeting Minutes 22-0250 Preliminary 2022-2023 Budget Discussion Ashley Bernal-Assistant to the Town Manager-discussed property value percentages have been received; 14% increase, but expects next year to return to a normal 6-8%; recommendation is to maintain current millage; commission to review next week, seeking finance board recommendation. Ms. Perrott- spoke on millage and potential need to increase in the future. Ms. Bernal spoke on items going to reserve; replacements and capital projects for this year. Gay Lancaster-Interim Town Manager-addressed questions from board; spoke on importance of establishing a deeper reserve now to prepare for future. Discussions on a rollback rate not allowing for reserve; staff recommendation to maintain millage and to build a reserve this year in hopes of not needing to increase in future year. Ms. Perrott questioned any tax non-payers; Stefan Massol-Director of Support Services- stated approximately 98% are collected each year. Ms. Bernal continued presentation discussion transition away from staff cola increases to merit based; provided a breakdown of expenses by department; revenues discussed by department; Mr. Massol discussed challenges related to property insurance increases; FOP negotiations will provide a decrease; will see increase in parks for next budget review; addressed comments related to self-funding of recreation. Ms. Lancaster provided a brief overview of long term water supply; entered into letter of intent for negotiations with Pinellas County to further investigate total costs to all parties; all options are still on table. Mayor Wilkinson spoke on Ms. Lancaster's knowledge and relationship with Pinellas County; supportive of her ability to move water process along. Ms. Bernal continued with discussion of enterprise funds; recycling costs are increasing and close to surpassing costs of regular collection and disposal; analysis to be presented in August for discussion regarding recycling; finalized budget to be brought to board in August as well, hearings are September 6th and 19th. Discussion of rescheduling August meeting date. Ms. Fisher moved to recommend to the commission to set the maximum millage rate at 6.5; Seconded by Ms. Perrott. Aye: Chairman Piccarreto, Vice Chairman Fisher, Hail, Maguire, Perrott, and Copp6 - Absent: Steinberg1 - 22-0251 Current CIP Updates Keith Bodeker-Director of Public Works-provided overview sidewalk installations and other projects street staff have been working on; discussed status of Indian Rocks Road phases 1 and 3; spoke on TTHM testing at water department, working with engineers to continue the downward trending of levels; park renovations to continue throughout Town; Page 2Town of Belleair Printed on 10/31/2022

July 13, 2022Finance Board Meeting Minutes addressed question regarding seawalls at Winston and Thompson parks; spoke on CIP methodology, problems may arise regarding pricing increases in current market conditions; Indian Rocks Road phase 2 has not been applied for funding yet. Board discussion regarding grass along Indian Rocks Road; engineer of records. OTHER BUSINESS No other business COMMISSION ADVISOR REPORT Mayor Wilkinson welcomed the new board members; asked Ms. Lancaster to discuss commission advisors. Ms. Lancaster stated recommendation will be brought before the commission to no longer have commission advisors; goal is to remove any potential conflicts; will be proposing that the board staff member will report any necessary items to commission. Mayor Wilkinson thanked the board members for their service. ADJOURNMENT Meeting adjourned in due form at 5:07 PM. Ms. Fisher moved to adjourn; Seconded by Ms. Perrott. Aye: Chairman Piccarreto, Vice Chairman Fisher, Hail, Maguire, Perrott, and Copp6 - Absent: Steinberg1 - APPROVED: ________________________________ Chairman Page 3Town of Belleair Printed on 10/31/2022