Employee Benefits Trust Fund

5790 Margate Boulevard City of Margate Margate, FL 33063 954-972-6454 www.margatefl.com Summary Agenda Employee Benefits Trust Fund Jacqueline Chin-Kidd, Chair Michael A. Jones, Vice Chair Ronald N. Gangoo, Secretary Alberto Arango, Trustee Paul Frankenhauser, Trustee Lori Hofer, Trustee Arlene R. Schwartz, Trustee Thursday, July 23, 2026 2:30 PM Commission Chambers CALL TO ORDER ROLL CALL 1) PUBLIC DISCUSSION 2) PRESENTATION A. ID 2026-189 FINANCIAL STATEMENT AND AUDIT PRESENTATION FROM KABAT, SCHERITZER, DE LA TORRE, TARBOULOS & CO., LLC (KSDT) Attachments: CITY OF MARGATE EMPLOYEES-CITY OF MARGATE EMP BEN TRUST FUND 5-31-25 AUDITED FS FINAL B. ID 2026-177 INVESTMENT MANAGEMENT PERFORMANCE UPDATE FROM GRAYSTONE CONSULTING 3) SCHEDULE NEXT MEETING 4) INVOICES A. ID 2026-178 MOTION - APPROVAL OF INVOICES RECEIVED SINCE THE LAST EBTF MEETING Attachments: EBTF - 07-23-2026 - MFPA 4.2026 inv EBTF - 07-23-2026 - MF PA invoice EBTF - 07-23-2026 - May 2026 inv MFPA EBTF - 07-23-2026 - Margate 4-27-26 EBTF - 07-23-2026 - Margate 3-31-26 EBTF - 07-23-2026 - INV_357482 5) APPROVAL OF BENEFITS A. ID 2026-179 MOTION - APPROVAL OF APPLICANTS/OTHERS City of Margate Page 1 Printed on 7/15/2026 11:52 AM Employee Benefits Trust Fund Summary Agenda July 23, 2026 6) DISCUSSION AND POSSIBLE ACTION A. ID 2026-188 MOTION - APPROVAL CONTRACT FOR KSDT FOR AUDITING SERVICES Attachments: EBTF - 07-23-2026 - City of Margate Employees Benefit Trust Fund - KSDT 2026 Audit Engagement Letter 7) REPORT FROM ATTORNEY 8) REPORT FROM TRUSTEES 9) OTHER BUSINESS ADJOURNMENT If a person decides to appeal any decision made by the Board with respect to any matter considered at this meeting, the person will need a record of the proceedings, and for such purpose may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Anyone desiring a verbatim transcript shall have the responsibility, at his/her own expense, to arrange for the transcript. Any person with a disability requiring auxiliary aids and services for this meeting may call the City Clerk's office at 954-972-6454 with their request at least two business days prior to the meeting date. One or more members of the City Commission or City of Margate Boards may be in attendance and may participate at the meeting. City of Margate Page 2 Printed on 7/15/2026 11:52 AM