Eddie Crockett

The quarterly meeting included the election of the 5th Trustee, with Simion Pavlov nominated and approved. Key discussions centered on reports from service providers. The Audit Report for the fiscal year ending September 30, 2024, received an unmodified clean opinion, noting total assets grew to $27,907,374. The Board approved the audit, the Audit Representation Letter, and the Audit Engagement Letter. Under new business, the Board discussed supporting a proposal to allow employees to purchase prior police or military service credit toward their pension, resulting in a motion to draft an ordinance for this purpose, subject to an actuarial impact statement. The Actuarial Valuation as of October 1, 2024, showed a required employer contribution for FYE September 30, 2026, of $1,286,337, and confirmed no cost-of-living adjustment would be payable. Investment updates noted mixed results in the fourth quarter, with the 1-year return at 11.15%. The Attorney Report addressed clarifications on email communication, new tax withholding rules for expatriate retirees, and the passage of the Social Security Fairness Act. The Administrative Report confirmed a clean SOC 1 Type 2 audit report for the 17th consecutive year and introduced a new travel reimbursement procedure. Finally, the Board approved warrants dated February 5, 2025, and benefit approvals for Joseph Margolis (DROP distribution) and Marcus Beesley (refund of contributions).

The agenda included a Roll Call, Moment of Silent Prayer, and Pledge of Allegiance. Key items involved the approval of the agenda and staff/committee reports. Special presentations included a proclamation recognizing 211 Awareness Month and the presentation of the State of the Town Annual Report covering 2025 and outlook for 2026. The Council considered the second reading of Ordinance No. O-01-2026, which adopts regulations prohibiting commercial activity in Town Parks, except under specific circumstances. Under miscellaneous items, the Council considered authorizing engineering services with Baxter & Woodman, Inc. for the America's Water Infrastructure Act (AWIA) Risk and Resilience Assessment and Emergency Response Plan Updates.

Key discussions and considerations during the meeting included a special presentation from the Palm Beach County Commission on Ethics and the presentation of the Police Department's Employee of the Year Award for 2025. The Consent Agenda covered the approval of the January 30, 2026, Workshop Series Meeting Minutes and the February 9, 2026, Town Council Meeting Minutes. A request from the Greater Lantana Chamber of Commerce to waive rental fees for their Annual Lantana Fishing Derby in June 2026 was considered, as was the authorization for the annual maintenance fee payment for the Police Department's interoperability radios with Palm Beach County. The Council held the first reading of an Ordinance (O-02-2026) proposing text amendments to Chapter 11 of the Town Code to define and regulate roadside vendors and mobile food vendors/food trucks. Miscellaneous items included authorizing engineering services with Kimley-Horn and Associates, Inc. for Water Distribution System GIS Development (Cycle 1) for $82,150, and authorizing engineering services with Baxter & Woodman, Inc. for the design of the Hillbrath Dr. Gravity Sewer Main Replacement Project for $188,171.

The agenda for the quarterly meeting included several key areas of focus. New Business involved reviewing the actual expenses as of September 30, 2025. Old Business was noted as having no items. Reports covered updates from the Board Actuary regarding the October 1, 2025 actuarial valuation report, the Board Auditor's September 30, 2025, audit report, the Investment Consultant's quarterly report through December 31, 2025, and a manager search. The Plan Attorney provided a legislative update, and the Plan Administrator reviewed upcoming educational opportunities, including the FPPTA Annual Conference. The Consent Agenda included ratification of invoices and approval of fund activity reports for November 15, 2025, through February 6, 2026.

This annual report for the Town of Lantana provides an executive summary of accomplishments in 2025 and outlines goals for 2026. Key achievements in 2025 include significant investments in infrastructure maintenance, beautification projects, and responsible development initiatives like Water Tower Commons, Lantana Village, and Beach Improvements. The report also details efforts in attracting and retaining employees, supporting local businesses, promoting community engagement, enhancing library services, and improving public safety through technology. For 2026, the Town plans continued investments in infrastructure, utilities, parks, recreation, and facilities development, all aligned with the mission to preserve Lantana's small-town atmosphere through responsible government and quality service.