Financial Advisory Board - Regular Meeting

Many microphone options on this laptop. All right. Good. All right. So I'm calling to order the North Bay Village Financial Advisory Board meeting to order. It's Tuesday, July 14 at 6.34 p.m. We'll do a roll call. Marco Zuniga.

Thank you. William Prendergast. Here. Remind me, Commissioner, the liations, are they supposed to be part of the roll call?

Okay. All right. So we do have a quorum and I see that we have our liaison commissioner Richard Cervone on. We have our CFO Sandra Zivken on and city manager Frank Rollison. Okay.

Thank you. Welcome, Sandra. Well, welcome back. Welcome, welcome.

Happy to have you. Thank you. And good luck in your new role with the city. Thank you. All right, so next point on our agenda, approval of meeting minutes from June 9th, 2026. I'll make a motion to approve these minutes.

Liz, did you second? Yes. Thank you. Everyone in favor, say aye. Aye.

say no or pose motion passes meeting minutes are approved 3a old business status update on the community center project I know it's up and running are we keeping this agenda item question mark I'm happy to hear any updates but just

Do we have or is there kind of a understanding or target for when the staff would be hired and regular programming to start and the cafes up and running? Is that like looking at September, October or something like that?

Okay. Good. So that's going to be pretty soon then. Perfect. Thank you. Tim, any other questions for Commissioner or Frank on this? No. All right. Let's move. on to the status of the Village Hall project.

Frank, I know that a few meetings ago, you were discussing that part or parts of the funding for this project. You were still looking into some of those details, but you were optimistic that all that would be resolved.

Great. Thank you. Any other questions for Frank or Commissioner Richard Schiavone on this topic?

Yeah, I know. I appreciate it. I'm looking forward to it. That's stuff I do at work too. So hopefully I can add something.

You'll do good, Bill, there. You'll make us proud.

No, but it sounds like a good representation of different disciplines for that committee, for sure. Great. All right. If nothing else here, then we'll move ahead and look at the budget for Okay. Is that something we're going to put up on screen?

No, from my side, but I'll leave it for the other members to chime in here. I don't need to go through the slides one by one. And I guess that the one that was attached to the agenda is out of date because, Sandra, you're still working on a new version. So we really don't have an updated version that we would then be able to look at. but I do have one question. So I'm looking at the outdated version of the budget on page 23 that has the millage rate calculation. So if I understand it correctly, is that this calculation in this version was done prior to the, you know, notification of the impact

So next version of the budget, will that try and compensate for that one million loss because of the reduction of tax? Is that the plan?

Okay, understood. Thank you. Bill, I saw you, I think you had a question too.

No, no, actually she already answered it, but thank you.

So when is the next budget workshop for the Commission?

So that's when we can then see the revised budget?

basically i cut that one in half that's the only thing i'm proposing okay so i know there is a immediate or short-term impact now on the budget and also for next fiscal year if i understand it correctly correctly Sandra this reduction in tax on the homestead portion that that would impact next fiscal year and I also see that as you said Richard that the portion that North Bay Village has on homestead is 19 percent or something so and i know there's no exact answer to this it's just me throwing it out throwing it out there for discussion and your thoughts knowing that we will have more resident

Frank, I had a quick question, or it really is open to anybody. With all the improvements that we're going to need with all the new buildings, you guys said you're working on a plan. I'm just wondering, has there ever been a study done on exactly what we will need as infrastructure, specifically for like domestic water and sewer, and then also what the county specifically is going to require from us?

I was going to say, because I know the county won't be able to issue permits for a lot of these big buildings if we don't have capacity. I don't know if we do.

Yeah, I was just wondering, this is kind of what I touched on last time too, but is this leading up to what I had mentioned was if we had some sort of a development fund in place now where we could start capturing that from any of the new buildings. Like I said, in my business, they hit us with that all the time. Anytime we're trying to develop something, you just have no other option. The city makes you do it, and then that's how they fund all their infrastructure.

Right. Which I had forgotten about that, to be honest. I forgot you guys did. You put most of the money towards that. I'm just thinking long term, too, with some of the newer buildings who haven't pulled permits and some of the ones that we know are coming. I don't know if it's too late for or sorry. I don't know if that would be too late for some of the immediate projects. But I'm always pushing for the, sitting on the other side of the table for once, I'm always pushing for how do we stick it to the developers to put the bill? Because like you said, they'll usually do it.

That would be, unfortunately, a little outside of my norm because the development that I do are shopping centers. So they're almost never more than one story. But I can certainly know I work with people that do. If you guys have more pointed questions, I've got a lot of resources. I could certainly find out some of the information.

Yeah, it's always a very delicate balancing act. I totally appreciate that.

Yeah, I agree. That's great. That's definitely the best response is, look, we want to get this done as quick as possible. So let us get in there, bang it out and keep moving.

All right. So I think we discussed Everything we wanted to discuss around the budget then, unless there's any other questions from the team. And we'll just see the next round of the budget presentation coming out then prior to the commission meeting or at the commission meeting. I see here, we have new business for a to talk about the three tiered recycling program with David.

I think I saw it. I don't know if there was an email coming out on it or if it was amongst the commission. Okay, yeah, that's where I saw it. I think it's very interesting. Personally, I think that we are around 10 to 15 years behind other countries. For example, in Sweden, where I come from, we've had three or four bins for over 10 years. One for recycling, one for landfill, one for compost, one for glasses, one for... So yeah, I'm just throwing it out there. We're way behind. So I think this is really interesting. That's my opinion. Richard, you look surprised.

Yeah, I would really like to talk about this.

Yeah, I agree too. I'm certainly not from Sweden or from Europe, but anyone who's ever been to Europe, even just once, you go and you see all those circular little silo bins and the ones out in front. Obviously, they're doing something that is working for them. There's no reason why we shouldn't be looking at it too.

It's possible. It's just… support system behind it that is the issue i think the front side of it is easy but the support system and that we don't have that and that that's the tricky part with these programs i will make sure he's here at the next meeting then awesome the only thing is i will ask he will ask for a time certain you know begin at such time so we may break up the meeting to acquiesce to his time certain because he has other activities we can accommodate that to put it in the beginning or whatever whatever works for him good thank you uh last one we have is discussion on the state

Yeah, that's fine. I have to admit, I replied all at one point, like a month ago with this, and then I realized that my wife, who's a lawyer, said, are you allowed to do that exactly? And I was like, she goes, do you know about the Sunshine Law? And I went, nope. So I realized I had to do a little bit of learning on exactly what I am and I'm not allowed to do.

Well, I'd love to have an in-person meeting at some point. Just wanted to throw that one out there too. Be nice to see everybody in person instead of just like this all the time.

I could go either way, to be honest. So, whatever the group decides. I'm easy with both.

I'm also okay with a recess for August. So, we can...

All right. Great. Anything else? No? Okay. Thank you, everyone. Motion to adjourn.

Thank you. Meeting adjourned. Thank you, everyone. Thanks, everybody.