►
Description
Town of Hilton Head Island, Finance and Administrative Committee
Meeting Agenda available at https://www.hiltonheadislandsc.gov/towncouncil/agendas
A
A
A
A
A
D
Before
the
clock
starts,
I'd
like
to
pass
out
some
information,
if
you
don't
mind,
Alex's
first
sheet
is
for
you
and
you
stabbed
the
white
community
and
the
black
community
in
the
back
and.
D
On
your
family
property
on
278,
you
ought
to
be
ashamed
of
yourself
now:
skip
Hogan
windmill,
Harbor
you're,
not
in
four-hour
compliance.
Mr
Lennox.
Can
you
answer
the
follow-up
questions
from
me:
South
Carolina
investigators
and
your
future
depositions
and
lawsuits?
Why
have
you
allowed
the
chamber?
An
area
of
Bernice
and
raid
Ray
deal
to
present
fraudulent
chamber
industry
performance
metrics
in
order
to
help
Bill
Miles
keep
stealing
a
tax
money?
D
Why
did
you
scheme
and
allow
the
drafting
of
the
illegal
chamber
DMO
contract
with
crooked
Town
lawyers,
Curtis
Coltrane,
Terry,
Fenger,
chamber
lawyers,
Walter,
Nestor
and
David
tiggas
that
keep
allowing
Bill
miles
to
keep
illegally
stealing
millions
of
eight
tax
funds
as
his
secret
sauce
with
no
full
accounting
you
McCann
and
Hawkins
claim
you
went
to
the
chamber
offices
and
see
the
accounting
and
receipts
for
ATAC
expenditures.
It
was
a
lie.
You
committed
criminal
fraud.
D
You
did
that.
You
said
you
did
this
in
an
hour
inspection,
it's
impossible.
It
wouldn't
even
take
it
take
a
month.
You
could
it's
just
outrageous
Mr
Mr
Lennox!
If
a
tax
funds
pay
for
the
DMO
app
and
website
with
over
a
million
dollars
taken
to
Canada,
how
is
it
possible,
Bill
Miles
can
claim
he
owns
the
DMO
communication
media
products,
what
happens
to
the
DMO
app
and
website
when
a
new
DMO
was
hired
under
procurement?
You
don't
really
think
this
is
going
to
continue.
Do
you
under
eight
tax
laws
in
South,
Carolina
constitutional
laws?
D
Do
you
think
the
DMO
contract
you
signed
for
five
years
with
Bill
Miles
with
no
accounting
Provisions
is
illegal
and
valid
fact
is
you
knew
it
was
illegal,
as
well
as
the
Crooked
lawyer's
finger
and
call
train
who
schemed
this
fact?
Is
you
can't
issue
a
tax
funds
to
be
illegally
used
by
Bill
Miles
for
his
500
000
annual
pay
package
that
does
not
benefit
tourism
of
the
public,
good
reason
or
use
it's
constitutionally
illegal.
D
The
chamber
and
Bill
Miles
can't
use
eight
tax
funds
for
private
profit
and
pay
no
IRS
501-c6,
non-profit
ubit
taxes
from
their
advertising
sales.
Mr
Ames.
You
can't
be
this
stupid
to
allow
this
Mr
Lennox
is
a
lost
cause.
I
understand
why
he
does
it
a
tax
laws.
State
aid
tax
funds
issued
to
a
DMO
must
only
be
used
by
the
higher
DMO
to
promote
and
Market
the
destination.
D
Only
where
does
it
say
that
a
higher
DMO
can
be
a
hired
non-profit
chamber
CBB
and
worth
can
upsell
advertising
in
the
DMO
app
and
website
and
pocket
all
the
profits
in
complete
violation
to
tax
codes.
Mr
Lennox,
you
are
a
fraud.
This
is
a
tax
Heist
and
it
will
end
I
look
forward
to
watching
this
unfold
with
the
media
coverage.
Lawsuits,
depositions
and
Discovery,
especially
the
handcuffs
and
arrests
and
Ray
deal,
is
going
to
go
to
prison
that
fella
right
there.
That
CPA
is
an
embezzling
fraud.
A
You
welcome.
We
have
three
new
business
agenda
items.
The
first
is
the
consideration
of
a
resolution
of
the
town
of
Hilton
Head
Island,
approving
the
use
of
Good
Neighbor
funds
from
the
American
Rescue
plan
act
for
Beaufort
County
toward
the
town's
participation
in
the
Regional
Housing
Trust
Fund,
Mr
Troyer.
F
Thank
you,
Mr
chairman
yeah,
Beaufort
County
is
part
of
the
stimulus
funding.
The
arpa
funding
has
dedicated
some
of
the
county
money
toward
municipalities.
Our
share
should
we
choose
to
take.
It
is
500
000
and
so
staff
would
recommend
that
we
would
let
Beaufort
County
know
that
we
will
in
fact
take
our
share
of
the
five
hundred
thousand
dollars.
We
thought
it
would
be
a
good
idea
as
our
initial
investment
into
the
Regional
Housing
Trust
Fund.
F
We
think
it
would
be
a
good
idea
for
seed
money
for
our
brand
new
Community
Development
Corporation,
but
we
don't
have
a
budget
quite
yet,
but
we
think
it
would
be
good
to
dedicate
funding
from
this
to
this,
and
then
the
balance
would
be
for
Workforce
housing.
There's
no
budget,
there's
no
plan
yet,
but
that
could
be
developed,
but
we
would
recommend
to
accept
the
funds
and
set
these
aside
for
these
purposes.
C
A
Before
we
open
it
up
for
questions
and
comments
from
the
community,
I
would
entertain
a
motion
to
approve
the
acceptance
of
funds
forwarded
to
the
town
from
the
county
and
to
agree
to
use
the
funds,
as
directed
for
other
arpa
funding,
to
include
the
initial
purchase
participation
in
the
Regional
Housing
Trust
Fund,
so
moved.
Second,
any
discussion
among
Council.
G
Are
we
excluding
the
last
part
of
the
the
business
item
there?
No.
A
A
D
If
the
public
does
not
have
access
free
access
and
use
to
any
facility,
the
HOA,
the
homeowners,
whoever
it
is,
has
to
pay
for
that
tax.
Ers,
don't
pay
for
that
tax
funds
have
to
be
used
by
the
Chamber
of
Commerce
and
other
people
for
their
and
funded
by
their
own
by
their
owners
by
their
members
by
their
donors.
That's
not
what
public
monies
are
for
be
sure.
You
understand
to
be
clear.
Public
funds
cannot
be
used
for
public
for
private
purposes.
A
H
B
Perfect.
Thank
you,
sir,
for
the
role
of
Mr
Brown
support.
G
G
A
A
E
E
This
document
is
the
DMO
contract
that
was
signed
with
the
town
in
October
of
2020..
Page
six
very
clearly
has
specific,
counting
Provisions.
In
addition
to
the
the
audit
which
I
just
handed
you,
there
is
something
called
the
agreed
upon
procedures
which
basically
looks
at
the
DMO
tax
dollar
spend.
E
The
thresholds
are
100
of
the
items
over
ten
thousand
dollars,
55
of
the
items
between
five
and
ten
thousand
and
five
percent
of
the
the
items
under
under
five
thousand
dollars.
In
this
case
this
past
year
there
were
a
total
number
of
journal
entry
items
of
590
and
130
of
them
were
looked
at.
That
is
22
percent
of
the
total
transactions.
E
However,
from
a
percentage
of
spend,
it
was
83
percent,
83
percent
of
the
town
of
Hilton
Head,
a
tax
dollars
were
looked
at,
so
in
addition
to
the,
in
addition
to
the
overall
organizational
audit
that
we
that
we,
that
was
performed
by
Holland,
Bromley,
Barnhill
and
Brett,
which
is
a
firm
out
of
Savannah
that
we've
been
only
using
for
two
years,
so
they
were
brand
new
Auditors
two
years
ago.
E
In
addition
to
the
overall
audit
of
the
organization,
we
do
the
basically
what's
what's
a
second
audit
for
the
town
of
atex
and
the
net
net
of
everything
is
completely
clean
audit.
There
are
no
adjusting
entries
and
it
was
in
a
perfectly
clean
audit
so
where
there
have
been
accusations
of
no
accounting
provisions
and
fraud
and
embezzlement,
and
all
these
other
ridiculous
claims
I
can
tell
you
with
100
certainty
and
so
can
the
Auditors
that
none
of
that
is
true,
so
I'm
submitting
those
documents
to
you
today.
E
If
you
have
any
questions,
please
feel
free
to
ask
me,
keep
in
mind
that
you,
you
know
you
do
and
just
so
the
public
knows
this.
The
town
of
Hilton
Head
has
inspection
rights
so
now
that
the
audit
is
over,
if
you
wish
to
see
every
single
transaction
you're
more
than
welcome
to
it
any
questions,
Christopher.
A
For
the
record,
Mr
deal
gave
the
committee,
the
September
22nd
independent
accountants
report
on
applying
agreed
upon
procedures
and
the
audit
effective
the
year
end,
June
30th
2022.
H
A
A
As
you
recall,
in
negotiating
the
new
five-year
contract
approximately
two
and
a
half
years
ago,
we
engaged
a
an
accountant
with
30
years,
Arthur
Anderson
experience
and
he
served
as
a
partner,
and
he
was
the
national
director
of
it's
forensic
accounting
practice
and
through
discussions
with
Mr
Borghese,
it
was
recommended
that
we
do
this
agreed
upon
procedures
report
where
we
test
a
certain
of
the
invoices,
and
it
was
agreed
upon
65
of
every
invoice
over
ten
thousand
fifty
five
percent.
Fifty
five
percent
over
ten
thousand.
A
Hundred
percent
fifty
five
percent-
yes
between
five
and
ten,
that's
correct
and
five
percent
under
five
thousand
correct,
and
as
as
a
result
of
that
testing
83
of
the
a
tax
funding
that
went
to
the
DMO
was
tested
and
a
hundred
percent
of
that
testing
was
fully
compliant
with
not
only
the
agreement
between
the
town
and
the
DMO.
But
with
the
South
Carolina
code,
I
asked
Mr
Borghese
subsequent
to
that.
A
This
testing,
what
80,
83
percent
means-
and
he
says-
83
percent-
is
statistically
meaningful
significant
and
should
give
the
user
I.E
the
town.
A
high
level
of
confidence
and
I
think
that
it
does
great
I
would
direct
the
committee's
attention
to
Pages
13,
14
and
15
in
the
audit,
which
show
the
full
accounting
of
a
tax
revenue
and
atex
expenses,
as
well
as
the
full
report
upon
agreed
upon
procedures.
G
Thank
you
for
being
here.
We
appreciate
the
partnership
with
the
chamber
and
the
good
work
that's
being
done.
We
continue
to
improve
upon
our
relationship,
particularly
with
the
The
Five-Year
contract
in
place.
The.
G
The
letter
here
from
the
firm
date
September
22nd
2022,
is
that
when
the
audit
was
completed.
E
The
audit
was
done
in
August
the
third
week
of
August.
It
was
presented
to
the
finance
committee,
the
second
or
third
week
of
September
and
then
approved
by
our
board.
September
26th
I
believe
was
the
date,
so
the
board
heard
the
presentation
from
the
Auditors
and
actually
Mr
Lennox
was
in
the
crowd
because
he
was
there
for
a
different
reason.
So
he
actually
heard
the
auditor's
presentation.
Okay,.
G
Okay,
I
appreciate
the
the
procedures
and
us
having
this
in
the
process.
I
just
asked
that
in
the
future
we
get
this
in
advance
of
the
meeting
so
that
we
have
time
to
digest
it
and
then
have
qualified
questions
for
you
along
the
way.
Yes,
sir,
so
we're
not
taking
any
action
on
this
today
correct
we're
just
accepting
this
information
I.
A
G
E
C
D
The
items
for
let's
say
most
first
of
all,
what
we,
what
you
just
received,
is
fraud,
it's
a
lie
and
I'm
gonna
I'm
gonna
help
educate
you
all
once
again
and
Banker
Linux.
You
should
understand
this
and
I,
don't
understand
it,
but
you're,
so
corrupt
you're,
just
gonna
You're,
Gonna
Keep
doing
exactly
what
you're
doing
a
audit,
an
internal
hired
audit
under
gas
accounting
principles,
General
accepted
Accounting
Standards.
We
know
about
that
right,
Mr,
Lennox!
You
know
about
all
that
kind
of
audits
right.
Well,
let
me
tell
you
about
that
kind
of
audience.
D
That
kind
of
audit
that
that
you,
that
the
town,
hires
and
the
Chamber
shows
all
of
us
only
shows
the
numbers
that
the
Insiders
and
the
people
that
are
that
are
doing
these.
These
financials
want
us
to
see.
There's
only
one
way
that
this
is
going
to
work
and
what
you've
got
today,
and
that
is
a
great
deal
and
the
town
agrees
to
a
forensic
audit.
D
If
you
do
not
do
a
forensic
audit-
and
you
do
not
agree
to
a
forensic
audit,
I
assume
that
state
authorities
are
going
to
make
you
force
you
to
do
a
forensic
audit
like
they
did
in
Palm,
Beach,
Florida
and
I-
have
that
Palm
Beach
audit,
it's
about
that
thick,
and
so,
when
you
and
Harkins
of
Mr,
Lennox
and
John
McCann
go
to
the
chamber
offices
and
ask
Bill
Miles
a
great
deal
to
put
out
some
receipts
and
invoices
on
the
table.
An
inspection
for
one
hour.
D
D
You
know
technology
was
my:
was
my
company,
that's
how
I
retired,
so
radio
has
got
to
show
us
how
all
the
advertising
monies
that
were
upsold
on
the
DMO,
app
and
website
the
violations
to
IRS
ubit
and
501-c6
tax
codes
and
you're
going
to
have
to
do
a
forensic
audit,
and
that's
not
going
to
be
a
forensic
audit
done
by
one
of
your
committees.
Mr
Lennox.
It's
going
to
be
a
totally
independent
audit,
maybe
done
by
the
treasury
by
Turk
by
IRS
by
sled
somebody's
going
to
do
it.
A
F
Thank
you,
Mr
chairman
yeah.
Here's,
our
monthly
update
for
the
three
months,
ending
September
30th
again,
this
is
the
town,
continues
to
monitor
revenues,
to
continue
to
control
expenditures
and
adjust
where
we
need
to
to
early
conclusions.
This
is
early
in
the
year
and
so
some
of
our
percentages
and
differences
seem
greater
than
they
are
and
as
we
go,
we
expect
them
to
moderate
and
then
the
other
takeaway
is
that
this
is
on
track
with
our
budget
and
on
track
with
our
expectations.
F
And
so
this
is
right
where
we
would
expect
to
be
again
Town
Council.
We
always
appreciate
Town
council's
actions
to
build
reserves,
diversify
the
revenue
streams
and
invest
in
the
island.
All
three
of
those
things
have
served
the
island
very
well
September
preliminary
results
and
I
put
an
asterisk
by
here
just
to
to
emphasize
that
I'm
trying
to
make
this
as
as
timely
as
I
can
and
when
you
get
our
September
results
and
and
the
the
usual
monthly
financial
statements
there
might
be
some
differences.
F
There
will
be
some
differences,
I
pull
this
information
and
make
this
as
timely
as
I
can
and
then
we're
still
working
in
the
finance
department.
There
might
be
a
few
transactions
in
between
when
I
make
this
report
and
when
the
monthly
report
is,
but
there's
generally
not
too
much.
But
if
you
ever
look
at
this
and
say
well
how
come
this
is
different
than
that.
Certainly
ask
me,
but
then
know
that
it's
we
have
some
late
entries
and
we
try
to
make
the
monthly
even
more
complete
than
what
this
information
is.
F
So
when
I
put
this
together,
this
was
the
most
complete
and
up-to-date
information
we
had,
but
it
may
not
be
the
last
a
general
fund.
You
can
see
if
just
looking
at
September,
we
did
better
than
last
year.
If
you
look
at
comparison,
two
years
ago,
2021
had
an
anomaly
in
September.
F
2022
had
an
anomaly
in
August
outside
of
that
than
we
are
pleased
with
September's
results
on
on
the
collection
side
year
to
date,
2023
2022
and
2021
both
had
a
positive
anomalies
from
State
Collections
of
business
license
revenues,
and
so
that
kind
of
made
it
outlier,
especially
this
early
in
the
year.
They
really
made
a
difference,
but
if
you
compare
2023
with
the
yellow
and
the
purple
and
that
would
be
20,
2020
and
2019
still
significant
growth,
so
we're
good.
F
We
hope
that
we
keep
up
with
that,
and
so
our
budget
for
the
general
fund
is
48
6,
mil
48.6
million
dollars,
we're
comfortable
with
those
projections
and
yeah
we'll
have
to
definitely
keep
an
eye
on
it.
You
can
see
September's
numbers
and
then
the
projections
certainly
go
up
from
here,
so
see,
December
through
March
the
property
taxes
and
and
influence
the
property
tax
collections
have
so
looking
backwards,
just
just
a
little
for
the
record.
F
These
are
the
the
ones
that
we
like
to
look
at
each
month.
Are
the
ones
I
like
to
present
each
month
and
2022
is
an
exceptional
year
and
you
can
look
at
of
these
revenues
that
we
look
at
each
month
to
try
to
get
our
fingers
on
the
pulse
of
the
economy,
all
of
them,
but
we're
all
of
them,
but
one
were
number
one
all-time
best
and
the
real
estate
transfer
fee
was
the
second
best
all-time
and
so
2022
was
an
exceptional
Year
John.
A
F
Exactly
right,
no,
we
did
we
did
not,
and
so
we're
we're
not
expecting
those
exceptional
results
in
order
to
fulfill
the
budget.
That's
that's
correct,
and
so
we
expect
and
we
don't
have
a
crystal
ball
and
so
we're
not
counting
on
exceptional
results.
F
And
so,
if
you
look
at
an
exceptional
year,
we've
had
a
one-time,
you
can
look
at
the
business
license
collections.
There
was
about
a
million
for
almost
a
million
five.
That
was
a
one-time
payment
from
the
state
last
year.
That
makes
this
year
seem
lower.
But
if
you
take
that
away,
then
we're
doing
fine,
and
so
this
is
all
very
early.
C
The
thing
I
would
like
to
have
an
explanation
on
the
variants
in
the
Tiff
funds.
Is
that?
Because
the
Tiff
is
winding
down,
no.
F
It's
just
because,
and
if
you
look
at
the
note
that
I've
put,
we've
only
collected
one
percent
of
what
we
expect
this
year,
and
so
when
we
collect
the
other
99
percent,
I
think
we'll
we'll
exceed
last
year.
So
I
I,
the
Tiff
is
working.
It's
working
very
well,
it's
working
exactly
like
it
should,
but
because
we're
so
early
in
the
year
and
the
Tiff
collections
are
tied
to
the
property
tax
collections,
we'll
see
that
in
December
through
March
and
the
meaningful
numbers
on
the
Tiff
will
be
in
March.
F
No
I,
no
I
I
think
we
just
know
that
it's.
F
Happens,
the
kind
of
collections
that
are
emphasized
in
this
part
of
the
year
are
how
many
of
them
are
delinquent,
and
so,
if
there's
less
delinquent
property
tax
collections
than
our
year
to
date,
up
until
September
is
going
to
be
less
compared
because
the
new
tax
bills
aren't
out
yet
the
new
tax
bills.
We
expect
to
be
out
somewhere
around
November
the
1st
and
that's
when
we'll
get
the
new
property
taxes,
and
so
what
you're
seeing
is
two
pieces
of
that
you're.
F
F
F
F
Electric
franchise
fee
was
a
little
off
last
year
and
some
of
that
is
weather
related,
and
some
of
that
is
just
usage
related
and
and
we're
doing
better
than
last
year,
but
last
year
was
an
off
year
for
the
electric
franchise
fee,
so
yeah,
and
if
you
look
at
the
property
taxes
general
fund
we're
down
5.9
percent,
but
we've
got
98.5
percent
to
go,
and
so
the
story
is
yet
to
be
told.
The
vast
majority
of
the
uh-huh
story
is
yet
to
be
told
if
you
look
at
collectively
for
all
these
revenues.
F
Together,
we've
collected
7
million
out
of
99
million
last
year,
and
so
that's
seven
percent.
Ninety
three
percent
to
go,
and
so
there's
most
of
the
story
is
yet
to
be
told.
G
John
as
far
as
the
it's
H,
Tax
I,
guess,
all
of
the
the
fees
that
are
necessarily
associated
with
I
guess
the
point
of
sale.
Is
there
any
way?
I'm
not
asking
you
to
answer
this
question
today,
just
thinking
down
the
road?
G
Is
there
any
way
to
relate
those
either
increases
or
decreases
to
transaction
versus
price
point,
because
we're
taking
a
percentage
of
the
price
point
to
develop
the
tax
right.
So
as
we've
seen,
inflation
and
we've
seen
cost
of
say,
room
per
night
continue
to
creep
on
us,
but
we
would
assume
that,
of
course,
this
number
is
going
to
continue
to
go
up.
So
it's
hard
to
determine
if
it's
that
we're
making
more
transactions
or
we're
just
charging
more
per
transaction
Just
for
future
thought.
F
Think
it's
a
it's
a
very
good
point
and
I
I
think
that's
something
that
we
should
consider
as
we
go
move
through
the
year
and
contemplate
that
as
part
of
our
discussion,
of
how
how
we're
doing
and
how
much
of
that
is,
inflation
related.
And
how
much
is
it
due
to
activity
on
the
island
and
that
the
very
key
points.
A
F
So
yeah
this
just
emphasizes
that
we've
got
a
long
way
to
go
property
taxes
you
can.
The
point
of
this
slide
is
we're
only
one
and
a
half
percent
collected.
F
If
you
look
at
the
natural
disaster
fund,
it
won't
be
zero
this
year
because
there's
still
some
Delinquent
Tax
collections,
when
we
did
have
that
five
Mills
for
the
natural
disaster
and
so
there'll
be
a
little
bit
this
year,
but
very
little
and
no
no
new
property
taxes
for
the
natural
disaster
fund,
and
so
as
that
five
Mills
went
away,
then
that
will
dwindle
down
to
zero,
but
not
quite
zero.
This
year.
F
C
F
You
but
property
taxes,
you
can
kind
of
just
see
a
chart.
Here's
when
property
taxes
are
expected,
the
last
or
years
when
they
have
happened.
The
last
four
years
real
estate
transfer
fee
I
think
this
is
a
good
point
of
conversation
2023
in
the
blue,
not
quite
as
good
as
the
record
year
in
2022,
it's
comparable
to
the
2021
and
it's
better
than
2020..
So
you
have
kind
of
a
mixed
bag
here,
and
how
does
that
look
here
today
and
I?
F
G
The
real
estate
transfer
fee
account
John,
if
you
don't
have
it.
Maybe
in
the
next
report.
F
F
Just
a
little
bit
of
a
different
mix,
if
you
wanted
to
see
last
year
and
this
year
for
business
license
revenues,
we
did
a
shift
on
the
rates
to
comply
with
the
one
with
the
model
ordinance
and
so
that
changed
our
shift
just
a
little
bit
and
part
of
it
is
just
the
changing
economy,
and
you
can
look
at
2022.
The
real
estate
went
up
significantly
and,
and
it's
reflected
in
those
business
licenses,
it's
still
early.
F
On
the
local
side,
you
can
see
we're
doing
better
than
the
last
couple
of
years
locally
on
the
local
business
license
collections.
But
if
you
look
at
the
State
Collections,
you
have
an
anomaly
in
2022,
the
blue
in
August,
in
2021
in
September,
and
so
you
take
away
those
anomalies
and
it's
still
early
and
well.
F
We
won't
know
much
until
the
toward
the
end
of
the
year
and
so
that's
a
piece.
This.
F
G
Okay,
this
this
slide's
gonna
make
a
lot
more
sense
and
also
number
18
when
we
get
into
the
higher
collection
months,
of
course,
right
yeah,
yes,
okay,
so
I'm
still
trying
to
get
my
head
wrapped
around.
G
You
know
what
this
is
going
to
look
like,
but
I
like
what
you've
done
so
far
with
you
know,
giving
us
a
breakdown
as
far
as
the
different
Industries
I'm
I'm
a
little
interested
in
what
all
other
businesses
is,
because
it
accounts
for
such
a
big
part
of
the
the
pie
and
I'm
just
curious.
Are
those
percentages
mainly
a
lot
lower
than
what
you
provided
us
detailing?
G
F
A
F
You
have
eight
and
so
and
it's
not
necessarily-
and
so
that's
a
piece
of
the
model
business
ordinances
that
they
made
us
change
a
a
number
of
businesses
from
R8
to
their
eight,
and
actually
we
had
more
than
eight,
and
so
we,
our
number,
was
more
than
that
down
to
there
eight,
and
so
we
have
a
different
mix
of
different
classifications.
So.
G
F
F
If
you
look
at
our
budget
at
48
million
dollars,
you
can
see
that
July,
August
and
September
are
all
under
four
million
dollars
per
month,
but
know
that
June
is
when
we
convert
back
to
full
accrual,
and
so
June
will
just
with
the
timing
of
it
spending
the
timing
of
how
we
calculate
will
be
a
more
expensive
month,
but
it's
right
in
line
with
our
expectations.
F
Also
I
I
would
point
to
on
this
slide.
August.
If
you
look
at
August
2022
2021,
you
can
see
that
spending
is
down
in
August
and
I.
Think
what
we
can
talk
about.
That
is
really
kind
of
a
hesitation
with
covid
how
fast?
How
much
are
we
going
to
implement
and
there
was
a
very
purposeful
pause
and
you
can
see
it
in
the
numbers
which
were
later
more
implemented
fully
and
so
I
think
you
just
kind
of
see
how
did
we
start
the
year?
F
We
started
the
year
with
the
pause
just
to
make
sure
that
covid,
our
response
to
covid
was
appropriate,
and
so
that's
a
little
bit
of
just
conservatism.
Before
we
got
too
far
into
the
year.
F
F
General
fund
is
a
year
to
date,
we're
above
previous
years
again
we're
at
48
million
dollar
budget,
and
so,
if
you
did
that
evenly,
then
our
spending
would
be
12
million
dollars
for
three
months
and
so
we're
under
that.
So
this
is
we're
on
track,
we're
on
track
for
where
we
was
where
we
should
be
at
this
time
of
the
budget
year.
F
Here's
some
numbers,
you
can
see,
there's
kind
of
a
different
mix.
We've
had
some
movement
of
people
and
so
that
kind
of
affects
our
percentages
and
I
I
expect-
and
it
has
already
this
moderated
from
last
month
and
October-
will
moderate
more
than
this
and
so
I.
Don't
expect
that
9.8
to
be
that
high
later.
F
How
are
we
doing
to
the
budget
and
so
here's
our
year-to-date
spending
of
10.5
million
compared
to
the
48
6
budget
and
so
we're
21
through
25
of
the
year
so
comfortably
where
we
should
be
last
year?
Our
numbers
I
think
it's
good
to
to
know
and
to
Mr.
Chairman's
point
is
that
last
year's
collections
for
the
general
fund
were
47
million.
We
budgeted
for
the
new
year,
48
million,
and
so
that's
not
expecting
a
grand
year,
but
a
good
year.
F
Year
to
date,
I
think
you
can.
If
you
look
at
September,
it
also
shows
I,
I,
think
it.
It
may
be.
A
trend,
it'll
be
interesting
to
watch,
but
2022
and
2021
as
exceptionally
good
and
then
2023
is
more
normal
like
the
previous
two
years
and
so
I,
that's
that's.
My
read
on
this
is
that
this
year
is
more
of
a
normal
year
than
the
last
two,
and
this
chart
would
show
that
it's
also.
F
This
is
just
a
linear
version
of
the
same
thing
and
so
I
I
think
it
does
help,
though,
to
just
show
the
groupings
and
the
directions
we
use
a
little
bit
of
our
fund
balance
at
the
start
of
the
Year
and
that
will
turn
around
as
property
taxes
are
collected,
Debt
Service
25
of
the
year,
and
we
spent
22
and
a
half
percent
of
our
budget
and
so
everything's
on
track.
We
haven't
issued
any
new
debt,
we
don't
plan
to
issue
any
new
debt,
and
so
this
one
is
pretty
straightforward.
C
F
So
we'll
we'll
include
that
in
future
reports
and-
and
you
can
see
here-
the
principal
paid-
the
schedule
is
16.7
million
dollars
all
principal
this
year
and
then
we'll
we'll
have
some
statistics
on
that
storm
water
still
early
storm
water
Revenue
collections
are
much
like
the
property
tax
collection
schedule,
and
so
this
is
just
a
small
percentage
of
the
year,
and
so
we
expect
that
we
needed
to
draw
from
the
stormwater
reserves
to
start
the
year
and
that
will
turn
around
in
January
CIP
we've
talked
about
these
and
again
I
would
lead
you
back
to
our
website.
F
F
So
if
you
look
at
year-to-date
Beach
fee
we're
still
better
than
the
last
three
years
and
so
better
than
our
record
year
last
year,
but
just
barely
and
so
it'll
be
interesting.
October
many
of
our
businesses
report
quarterly
and
so
October
will
be
a
key
month,
but
it's
not
as
ahead
of
last
year,
as
it
was
last
month,
Hospitality
a
little
bit
more.
F
F
We
hope
that
continues
we'll
see-
and
this
is
going
back
to
Mr
Chairman's
comments
is
that
we
had
really
two
exceptional
Revenue
years,
2021
and
2022
and
by
any
measure
those
are
exceptional
years,
and
then
it
we're
just
going
to
have
to
keep
a
close
eye
on
2023,
and
so
yes,
a
shout
out
to
our
Revenue
Services
people
who
work
very
closely
with
our
businesses
and
and
the
hard
work
of
collections.
F
Here's
our
budget-
this
is
you've,
seen
this
and
so
yeah
2023
revenue
or
I
would
consider
it.
Good
and
operations
are
within
budget
Capital
plans
moving
forward,
we're
reducing
debt,
we'll
get
you
more
statistics
on
that
and
where
we
would
expect
to
be
looking
ahead,
we're
working
with
our
Auditors.
We
should
have
our
audit
report
here
very
soon,
and
so
we'll
have
the
printed
version
for
the
official
record,
and
certainly
that
might
be
an
opportunity
for
conversations
as
well.
F
A
When
plotted
over
a
five-year
Trend,
it's
consistent.
Yes,
how
about
unfavorable,
variances.
F
No
I
I
we're
we're
on
track.
We
don't
anticipate
any
budgetary
issues
for
Council
to
consider
and
so
and
one
thing
that
I'll
put
in
future
we're
working
really
hard
on
a
couple
of
things:
one
investing
fully
and
taking
advantage
of
this
change
in
interest
rates,
and
so
we'll
have
actual
some
interest.
Earnings
that'll
be
a
really
good
story
from
this
fiscal
year.
Okay,.
H
John,
the
the
question
I
think
that
Alex
was
probina
is
an
important
one
and
if
we
ask
ourselves
the
question,
our
price
increases
of
masking
volume
decreases.
F
H
F
Standpoint
and
you
can
see
that
changing
interest
rates
of
raising
interest
rates
has
a
has
a
impact
on
a
real
estate
transfer
fee
too
you're,
seeing
that
as
well
good.
G
Thanks
for
bring
us
to
this
in
advance,
we
understand
the
tolerance
level,
I,
think
if
you
just
lead
with
that,
we'll
accept
it.
Okay,
the
the
only
thing
that's
on
some
of
the
slides,
The
Watermark
is
actually
cutting
off
the
wording.
I.
F
Noticed
that
and
and
we'll
we'll
read,
we'll
resend
that
and
so
I
I
saw
that
in
in
the
materials
and
I'll
I
apologize
for
that
and
we'll
we'll
make
sure
that
you
get
clean,
copies,
otherwise
good
report.
Thank
you
for
the
detail.
C
F
There's
a
there's
a
little
bit
of
the
earlier
I,
get
it
to
you
than
that.
It's
a
little
bit
less
timely,
but
we'll
get
it
to
you
so
that
you
can
read
it
and
have
some
time
to
digest
some
of
the
materials
John.
A
We
are
now
hopefully
at
the
tail
end
of
a
two
and
a
half
year
pandemic,
and
now
we're
introduced
to
increasing
inflation,
Rising
interest
rates
and
a
decreased
rate
of
growth,
so
I
think
you're
experiencing
all
the
black
swans
that
you
possibly
can
as
a
Chief
Financial
Officer
for
a
hundred
million
dollar
organization.
A
So
to
the
extent
that
you
can
budget
accurately
and
stay
on
that
budget,
to
the
extent
that
you
can
take
the
anomalies
out
of
the
revenue
side
and
the
expense
side
in
your
forecasting,
I
think
this
will
serve
us
well
ongoing,
so
good
job
and
and
keep
an
eye
on
the
trends.
Thank
you,
Mr,
chairman.
Okay,
any
comment
from
the
public.
D
Witness
is
another
fraudulent
presentation,
just
like
the
chamber.
It's
more
reason
to
do
a
forensic
audit
with
John
Troyer,
overseeing
100
million
and
I'll.
Tell
you
why?
Because
nobody
in
this
room
has
a
clue
what
we
just
saw.
Nobody
has
seen
the
accounting
nobody's
a
CPA.
Nobody
has
forensic
audit
background,
Mr
Lennox
you're,
just
so
full
of
it.
You
just
you
just
it's
unbelievable
Reagan
principle.
Trust
but
verify
show
us
the
numbers.
D
Nothing
is
going
to
change
in
this
town
until
we
have
a
forensic
audit
and
an
FBI
investigation,
that's
how
criminal
and
how
serious
it
is.
Never
in
the
history
of
this
country
has
a
town,
a
county,
a
chamber,
a
school
district
ever
been
forensically
audited,
forced
to
a
forensic
audit
where
waste
and
crimes
was
not
discovered
and
prison.
D
Most
of
the
time
it
it's
just
it's
just
outrageous
that
you
People
Keep,
On
Believing,
all
this
stuff
and
let
this
guy
run
the
numbers
and
let
Josh
Gruber
ethics,
violator,
Mark
Orlando,
caught
at
illegally
using
tax
monies,
while
he
was
manager
in
Bluffton,
just
baton
passed
to
take
Steve
Riley's
place,
so
the
crimes
and
the
criminal
activity
can
continue
it.
It's
it's
it's
insane.
D
Let
me
tell
you
something:
a
full
power,
Town
manager
and
a
weak
part-time
mayor
doesn't
work,
nothing
part-time
works.
It's
got
to
be
full-time.
You
got
to
be
a
mayor.
Ceo
you've
got
to
stop
the
town
employees
from
ethics
violations.
You
got
to
fire
them,
bring
in
new,
honest
people.
You've
got
a
clean
house,
it's
the
only
way.
We
cannot
go
on
any
longer.
I've
been
watching
this
for
40.
However,
the
town
was
first
started
and
it's
just
gotten
worse.
D
Town
Steve
Riley
could
not
have
been
any
more
dishonest
and
it's
continuing
and
we've
got
to
stop
it.
So
we
need
a
forensic
audit
and
we
need
it.
We
need
it
now.
These
internal
hired
cookie
cutter
audits
to
hide
numbers
and
only
show
us
what
they
want
us
to
see:
no
receipts,
no
invoices,
no
transparency,
no
accountability,
no
performance,
metrics,
we're
just
totally
out
of
control,
and
all
of
you
are
just
part-time,
Alan
Perry
a
perfect
example:
no
I'm
going
to
keep
my
full-time
job
I'm
going
to.
D
Let
just
let
you
know
let
the
town
employees
keep
on
running
the
show.
You
know
he
doesn't
have
a
clue.
He
doesn't
care.
He
just
wants
to
be
a
figurehead.
We
need
a
full-time
mayor,
CEO,
Pam,
250
000
a
year
versus
paying
bill
miles
to
the
chamber.
500
000
a
year
with
the
use
of
our
tax
monies.
Does
that
not
make
more
sense
to
y'all
and
Alex?
You
better
look
at
Kim
Likens
and
what
she's
done
you
got
a
lot
of
soul,
searching
to
do.
I
Thank
you.
Thank
you.
It's
my
understanding
that
this
is
the
last
f
a
meeting
for
the
year.
Is
that
correct,
I
think
it's
appropriate,
then
for
me
to
applaud,
applaud
you,
as
a
council
committee,
over
the
last
six
years,
I've
seen
f
a
in
many
different
configurations,
but.
E
I
Think,
with
John
troyer's
assistance
build
your
involvement,
Tom
your
leadership.
We
will
sorely
Miss
this
F,
a
committee
I
think
the
level
of
inquiry.
The
probing
comments
by
Alex
and
Glenn
as
well
have
made
a
significant
difference
in
my
confidence
that
this
ship
is
being
run
responsibly,
but
I'd
also
like
to
give
Mr
chairman
Tom.
I
Some
additional
admiration
praise
from
my
standpoint,
because
temperamentally
you're,
a
very
different
person
than
I,
am
fortunately
for
the
town
finances
I.
Think
that
your
willingness
to
delve
into
the
details
of
the
finances
and
certainly
educated
me,
but
it's
also
given
me
a
high
degree
of
confidence
that
your
probing
questions
are
on
on
the
mark.
So,
for
many
reasons,
I
think
the
town
of
Hilton,
Head
Island,
will
miss
you
and
I
think
I
speak
for
the
rest
of
council.
We
certainly
appreciate
your
efforts
over
the
last
several
years
to
lead
FNA.
Thank
you
very
much.
E
B
I
interrupt
just
one
second
we'd,
also
like
to
piggyback
on
that,
and
thank
you
for
your
leadership
and
guidance
over
the
last
several
years,
as
both
the
town
council
member
and
as
the
chairman
for
the
Financial
finance
committee.
Your
leadership
has
really
taught
us
all
a
lot
and
we
really
appreciate
everything
you've
done
for
us.
A
You're
very
welcome,
thank
you
and
thank
you
for
the
support,
Josh,
Mack,
John
and
and
Krista.
It
certainly
was
a
team
effort
and
one
I
enjoyed
being
a
part
of
any
other
business
to
come
before
the
committee
move
to
adjourn.
Second,
we
stand
adjourned.