HomeMy WebLinkAbout2024 RECEIVED
I�:" -�u 6 M.
RegenBery/MacKeivie
........ � Southold Town Clerk
REGEN, BENZ & MACKENZIE, C.P.A.'S, P.C.
CERTIFIED PUBLIC ACCOUNTANTS
February 03, 2025
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, 2024. 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, 2025. 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.
Sill ere our
Re len, Benz& Macl�ei zi PAs PC
Enc.
NEW YORK CITY 8 57 WEST 38TH STREET, THIRD FLOOR, NEW YORK, NEW YORK 10018 IN PHONE 212.661.2720 FAX 212.681.6140
LONG ISLAND 0 P.O. BOX 500 9 240 BECKWITH AVENUE, SOUTHOLD, NEW YORK 1 1971 2 PHONE 631.765.1 1 18 FAX 631.765.1755
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31 2024
Operating Fund
Balance Sheet
Assets
Cash $ 10,078
Cash in Time
Investments
Taxes Receivable
Other Receivables
State and Federal Aid Receivables
Due From Other Governments
Prepaid Expenses
Total Assets $ 10,078
Liabilities & Fund E uit
Accounts Payable $
Notes Payable
Due to Other Governments
Deferred Revenues
Payroll Taxes Payable 27
Total Liabilities 27
Fund Balance -Appropriated ensuing year
Fund Balance -- Unreserved 2,551
Fund Balance Restricted 7,500
;Total Fund Equity 10,051
Total L pAi . . Fund E u,,' $ 10,078
Page 1
, .
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTMCT
For the fiscal year ended DECEMBER 31, 2024
Operating Fund
Analysis of Changes in Fund Equity
Fund Equily : Beqinning of Fiscal Year $ 5,410
Add: Revenues and Other Sources $ 54.720
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over /Undah
Expenditures and Other Uses 4041
Fund E it, - End of Fisgal-Y--par
$ 10,051
° Total includes Appropriated and Unreserved Fund Balance
�
� Page
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMBER 31 2024
_Operating_ Fund
Detail of Revenues and Other Sources
Revenues Budget Actual
Real Property Taxes $ 54,000 $ 54,720
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
Total Revenues $ 54,000 $ 54,720
InterFund Transfers
Proceeds of Obligations
Total Revenues and Other Sources $ 54,000 54,720
Page 3
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal ear ended DECEIBER 31 2.024
Operating Fund
Detail of Expenditures and Other Uses
Expenditures Budget Actual
Personal Services $ 24,000 $ 25,485
Equipment and Capital Outlay -
Contractual Expenses 23„000 14,619
Employee Benefits 1,950
Debt Principal
Debt Interest
Repairs and Maintenance 5,000 6,080
Signage 1,500 325
Supplies 1,500 1,317
Utilities 303
Total Expenditures $ 55,000 $ 50,079
Interfund Transfers
Userfees
Contingency
Total Expenditures and Other Uses $ 55,000 $ 50,079
Contractual Expenses:
Insurance $ 15,000 $ 9,474
Postage - 83
Officials Stipend - 100
Sanitary Facilities 2,500 1,977
Database and Website 500
Accounting and Legal services 5,000 2,985
Total
$ 23,000 $ 14,619
Page 4
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal vear ended DECEMBER 31 2024
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
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 $
�.... $
Lota.j LiabiIit e . d E
Page 5
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECE BER 31 2024
Capital Fund
Analysis of Changes in Fund Equity
NOT APPLICABLE
Fund E uit - Beginning of Fiscal Year $
Add: Revenues and Other Sources
Deduct: Expenditures and Other Uses
Revenues and Other Sources Over (Under)
Expenditures and Other Uses
:� .49fYd of F�si Y $
...
* Total includes Appropriated and Unreserved Fund Balance
Page 6
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal ear ended DECEMBER 31 2024
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 vear ended DECEMBER 31, 2024
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, 2024
General Fixed Assets
Assets Info not available
Land
Buildings
Machinery & Equipment
Total As"e
Invesitme.n.t.in,Qeneral Fixed Assets
Page 9
Component Unit Annual Financial Report
For ORIENT - EAST MARION PARK DISTRICT
For the fiscal year ended DECEMI ER 31, 2024
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 $ 11,280 $ (1,202) $ 10,078
Add: Petty Cash Funds
Total Adjusted Bank Balance and Petty Cash $ 10,078
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
For ORIENT - EAST MARION PARK. DISTRICT
For the fiscal year ended DECEMBER 31, 2024
4
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
#of Full #of Part
Time Time
Total Employee Employee #of
Account Code Description Expenditures s s Retirees
State
Retirement
90108 System -
Local
90258 Pension
Social
90308 Security $ 1,950 0 7 0
Workers
Compensati
90408 on Insurance $ 948 0 7 0
_ .. _ .
Life
90458 Insurance
.....
Unemployme
90508 nt Insurance $ -
Disability
90558 Insurance $ -
Hospital and
i
Medical
(Dental)
90608 Insurance -
_ Union
Welfare
90708 Benefits
'Other _
Employee
90898 Benefits
Page 11
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
fiscal con iti;for the fiscal year ended_DECEMBER 31, 2024.
TREASURER
ignatu Title
Official Address Oate
PO BOX 566
EAST MARION, NY 11939
Telephone Number
Please mail repot 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