HomeMy WebLinkAbout2023 RegenBenzMacKeriyae
REGEN, BENZ & MACKENZIE, C.P.A.'S, P.C.
CERTIFIED PUBLIC ACCOUNTANTS
February 12, 2024
Orient- East Marion Park District
PO Box 566
East Marion,NY 11939
Ladies and Gentlemen:
Enclosed please find the year end report of financial information for the year ended
December 31, 2023. Please sign the last page and submit the report to the Town Comptroller in
the envelope provided. They would like to receive the report by March 1, 2024. In addition a
copy is enclosed for your file.
The transactions have been recorded, posted and the accounts reconciled. No
discrepancies were noted.
Thank you for the opportunity to be of service. If you should have any questions, please
do not hesitate to contact us.
S in,c urs,
gear, Benz& Mac enzi As PC
Enc,
NEW YORK CITY M 57 WEST 38TH STREET, THIRD FLOOR, NEW YORK, NEW YORK 10018 0 PHONE 212.661.2720 w FAX 212.681.6140
LONG ISLAND 2 P.O. BOX 500 m 240 BECKWITH AVENUE, SOUTHOLD, NEW YORK 11971 N PHONE 6
31.765.1 1 18 ■ FAX 631.765.1755
Component Unit Annual Financial Report MCEIVED
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023 FEB 2 7 2024
Operating Fund Southold TownC1erk
Balance Sheet
Assets
Cash $ 5,530
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
Total Assets $ 5,530
Liabilities & Fund Equity
Accounts Payable $
Notes Payable
Due to Other Governments
Deferred Revenues
Payroll Taxes Payable 120
Total Liabilities 120
Fund Balance -Appropriated ensuing year
Fund Balance -- Unreserved (2,090)
Fund Balance Restricted 7,500
Total Fund Equity 5,410
Total Liabilities & Fund Equity $ 5,530
Page 1
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal near ended DECEMBER 31, 2023
Operatina Fund
Analysis of Changes in Fund Equity
Fund Equity - Beginning of Fiscal Year $ 1,378
Add: Revenues and Other Sources $ 57,965
Deduct: Expenditures and Other Uses (53,933)
Revenues and Other Sources Over (Under)
Expenditures and Other Uses 4,032
Fund Equity- End of Fiscal Year* $ 5,410
* Total includes Appropriated and Unreserved Fund Balance
Page 2
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
Operating Fund
Detail of Revenues and Other Sources
Revenues Budget Actual
Real Property Taxes $ 50,000 $ 50,465
Real Property Tax Items
Non-property Tax Items
Departmental Income
Use of Money and Property
Sale.of Property and Compensation for Loss
Miscellaneous Local Sources
State Aide
Federal Aide
County payment for Seawall Repair 7,500
Total Revenues $ 50,000 $ 57,965
Interfund Transfers
Proceeds of Obligations
Total Revenues and Other Sources $ 50,000 57,965
Page 3
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
Operating Fund
Detail of Expenditures and Other Uses
Expenditures Budget Actual
Personal Services $ 28,000 $ 30,225
Equipment and Capital Outlay -
Contractual Expenses 22,000 11,830
Employee Benefits 3,698
Debt Principal
Debt Interest
Repairs and Maintenance 7,000 4,728
Signage 1,500 875
Supplies 1,500 2,242
Utilities 335
Total Expenditures $ 60,000 $ 53,933
Interfund Transfers
User fees
Contingency
Total Expenditures and Other Uses $ 60,000 $ 53,933
Contractual Expenses:
Insurance $ 14,000 $ 8,276
Postage - 16
Bank Services - 30
Sanitary Facilities 3,000 1,442
Database and Website 1,000 176
Accounting and Legal services 4,000 1,890
Total
$ 22,000 $ 11,830
Page 4
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal near ended DECEMBER 31, 2023
Capital Fund
Balance Sheet NOT APPLICABLE
Assets
Cash $
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
Total Assets $
Liabilities & Fund Equity
Accounts Payable $
Notes Payable
Due to Other Governments
Deferred Revenues
Total Liabilities $
Fund Balance -Appropriated ensuing year $
Fund Balance -- Unreserved
Total Fund Equity $
Total Liabilities & Fund Eauitv $
Page 5
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
Capital Fund
Analysis of Changes in Fund Equity
NOT APPLICABLE
Fund Equity- Beginning of Fiscal Year $
Add: Revenues and Other Sources
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over (Under)
Expenditures and Other Uses
Fund Equity- End of Fiscal Year* $
* Total includes Appropriated and Unreserved Fund Balance
Page 6
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
Capital Fund
Detail of Revenues and Other Sources
NOT APPLICABLE
Revenues Budget Actual
Real Property Taxes $ $
Real Property Tax Items
Non-property Tax Items
Departmental Income
Use of Money and Property
Sale of Property and Compensation for Loss
Miscellaneous Local Sources
State Aide
Federal Aide
Total Revenues $ $
Interfund Transfers
Proceeds of Obligations
Total Revenues and Other Sources $ $
Page 7
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
Capital Fund
Detail of Expenditures and Other Uses
NOT APPLICABLE
Expenditures Budget Actual
Personal Services $ $
Equipment and Capital Outlay
Contractual Expenses
Employee Benefits
Debt Principal
Debt Interest
Total Expenditures $ $
Interfund Transfers
Total Expenditures and Other Uses $ $
Page 8
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
General Fixed Assets
Assets Info not available
Land
Buildings
Machinery & Equipment
Total Assets
Investment in General Fixed Assets
Page 9
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
Cash, Per Balance Sheet
Operating Fund
Less:
Outstanding Add: Cash on Adjusted Bank
Name and Location of Bank Bank Balance Checks Hand Balance
Dime Bank $ 5,692 $ (162) $ 5,530
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash $ 5,530
Capital Fund
Less:
Outstanding Add: Cash on Adjusted Bank
Name and Location of Bank Bank Balance Checks Hand Balance
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash
Page 10
� S
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31, 2023
Schedule of Employee and Retiree Benefits
1. Please fill in the schedule below using aggregate expenditure amounts from all funds for each account code.
2.Amounts listed should be applicable to your specific District only.
3. Employee counts should reflect the actual number of employees that the District paid benefits for during the year.
4. If you did not have paid employees or did not pay specific benefits for employees,enter zero's in the boxes.
Total # Full Time Employees 0
Total # Part Time Employees 9
ot Fullof Part
Time Time
Total Employee Employee #of
Account Code Description Expenditures s s Retirees
State
Retirement
90108 System -
Local
90258 Pension -
Social
90308 Security $ 2,312 0 9 0
Workers
Compensati
90408 on Insurance $ 1,386 0 9 0
Life
90458 Insurance -
Unemployme
90508 nt Insurance $ -
Disability
90558 Insurance Is -
ospital an
Medical
((Dental) I
90608 Insurance i _ -
Union
Welfare
90708 Benefits -
(Other
Employee
90898 Benefits 1
Page 11
� R
Certification of Fiscal Officer
I, Adam Irving , certify that I am the fiscal officer of the
ORIENT - EAST MARION PARK DISTRICT and that this report, to the best of my knowledge,
information and belief, is a true and correct statement of the financial transactions and
fisc71ndition for the fiscal year ended—DECEMBER 31, 2023.
1
TREASURER
VV V Sig re Title
�1 zz -z'0 z(-i
Official Address Date
PO BOX 566
EAST MARION, NY 11939
Telephone Number
Please mail report to: If you have any questions relating to this
Town Comptroller report, please call Town Hall:
Town of Southold (631) 765-4333
53095 Route 25
PO Box 1179
Southold, NY 11971-0959
Page 12