901 Ponce de Leon Blvd.  
Belleair, FL 33756  
Town of Belleair  
Meeting Minutes  
Finance Board  
Thursday, August 17, 2017  
4:00 PM  
Town Hall  
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 called to order at 4:01 PM with Chairman Olson presiding.  
CITIZENS COMMENTS  
No comments to be heard.  
APPROVAL OF MINUTES  
17-0173  
Approval of July 20, 2017 Meeting Minutes  
Mr. Whittle moved approval; seconded by Mr. Hartshorne.  
Aye: 7 - Olson, Hartshorne, Whittle, Prevas, Griffith, Chairman Piccarreto, and Hail  
ROLL CALL  
Present 3 - Ernest Whittle, Chairman Kevin Piccarreto, and John Hail  
Elected Officials Present: Mayor Gary H. Katica, Deputy Mayor Karla Rettstatt,  
Commissioner Kurey  
Staff Members Present: JP Murphy, Stefan Massol, Doug Speta, Ashley Bernal  
GENERAL AGENDA  
17-0136  
Discussion of cybersecurity framework pubished by AICPA  
Stefan Massol-Finance Director-Discussed importance of protecting data, ensuring  
systems have proper controls and maintaining integrity.  
JP Murphy-Town Manager-Provided comments regarding current practices and  
techniques for minimizing exposure; staff will work on a policy to be ready in next 2-3  
months.  
17-0181  
Discussion of 2017-2018 Annual Budget  
Mr. Murphy stated all funds are balanced; discussed general fund budget, no increase to  
millage; structural imbalances corrected; projected revenue increases in electric  
franchise and building permits; provided detail of golf course sale proceeds.  
Board discussion ensued regarding BB&T loan balance; revenue from golf course and  
Belleair Place project.  
Mr. Murphy continued budget discussion by reviewing general fund expenditures;  
provided summary by department; detailed departmental reorganization; addressed  
board questions relating to individual departments and future services.  
Discussion ensued regarding police pension and 401k; board to review again at a later  
date.  
Mr. Murphy concluded general fund expenditures; discussed enterprise fund budgets;  
no increases to utility rates; no changes to CIP plan previously approved.  
OTHER BUSINESS  
STAFF REPORT  
No other business.  
No report.  
COMMISSION ADVISOR REPORT  
Mayor Katica had nothing to report.  
ADJOURNMENT  
No further business; meeting adjorned in due form at 5:49 PM.  
APPROVED:  
________________________________  
Chairman