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Home My WebLink About2024 State Single Audit TOWN OF SOUTHOLD, NEW YORK SCHEDULE OF NEW YORK STATE DEPARTMENT OF TRANSPORTATION ASSISTANCE EXPENDED Year Ended December 31, 2024 TABLE OF CONTENTS Page Independent Auditors' Report on Compliance for Each Major New York State Department of Transportation Assistance Program; Report on Internal Control Over Compliance; and Report on Schedule of New York State Department of Transportation Assistance Expended Required by Part 43 of the New York State Codification of Rules and Regulations .................................................................................................................... 1-3 Schedule of New York State Department of Transportation Assistance Expended............... 4 Notes to Schedule of New York State Department of Transportation Assistance Expended 5 Schedule of Findings and Questioned Costs for New York State Department of Transportation Assistance Expended................................................................................ 6 PKF C CONNOR DAVIES ACCOUNTANTS AND ADVISORS Report on Compliance for Each Major New York State Department of Transportation Assistance Program; Report on Internal Control Over Compliance; and Report on Schedule of New York State Department of Transportation Assistance Expended Required by Part 43 of the New York State Codification of Rules and Regulations Independent Auditors' Report The Honorable Supervisor and Town Board of the Town of Southold, New York Report on Compliance for Each Major New York State Department of Transportation Assistance Program Opinion on Each Major New York State Department of Transportation Assistance Program We have audited the Town of Southold, New York's (the "Town") compliance with the types of compliance requirements identified as subject to audit in Part 43 of the New York State Codification of Rules and Regulations ("NYSCRR') that could have a direct and material effect on the Town's major New York State Department of Transportation ("NYSDOT") assistance program for the year ended December 31, 2024. The Town's major NYSDOT assistance programs are identified in the summary of auditors' results section of the accompanying schedule of findings and questioned costs. In our opinion, the Town complied, in all material respects, with the compliance requirements referred to above that could have a direct and material effect on each of its major NYSDOT assistance programs for the year ended December 31, 2024. Basis for Opinion on Each Major New York State Department of Transportation Assistance Program We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America ("GAAS"); the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States ("Government Auditing Standards'); and the audit requirements of Part 43 of the NYSCRR. Our responsibilities under those standards and Part 43 of the NYSCRR are further described in the Auditors' Responsibilities for the Audit of Compliance section of our report. We are required to be independent of the Town and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on compliance for each major NYSDOT assistance program. Our audit does not provide a legal determination of the Town's compliance with the compliance requirements referred to above. PKF O'CONNOR DAVIES,LLP 878 Veterans Memorial Highway, Fourth Floor, Hauppauge,NY 11788 I Tel:631.434.9500 I Fax:631.434.9518 1 www.pkfod.com PKF O'Connor Davies,LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms. Responsibilities of Management for Compliance Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules and provisions of contracts or grant agreements applicable to the Town's NYSDOT assistance programs. Auditors'Responsibilities for the Audit of Compliance Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on the Town's compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS, Government Auditing Standards, and Part 43 of the NYSCRR will always detect material noncompliance when it exists. The risk of not detecting material noncompliance resulting from fraud is higher than for that resulting from error; as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Non- compliance with the compliance requirements referred to above is considered material, if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about the Town's compliance with the requirements of each major NYSDOT assistance program as a whole. In performing an audit in accordance with GAAS, Government Auditing Standards, and Part 43 of the NYSCRR, we: • Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the Town's compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances. • Obtain an understanding of the Town's internal control over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with Part 43 of the NYSCRR, but not for the purpose of expressing an opinion on the effectiveness of the Town's internal control over compliance. Accordingly, no such opinion is expressed. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that we identified during the audit. Report on Internal Control Over Compliance A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a NYSDOT assistance program on a timely basis. A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a NYSDOT assistance program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a NYSDOT assistance program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. - 2 - Report on Internal Control Over Compliance (continued) Our consideration of internal control over compliance was for the limited purpose described in the Auditors' Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal control over compliance may exist that were not identified. Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of Part 43 of the NYSCRR. Accordingly, this report is not suitable for any other purpose. Report on Schedule of New York State Transportation Assistance Expended as Required by Part 43 of the New York State Codification of Rules and Regulations We have audited the financial statements of the governmental activities, the business-type activities, each major fund and the aggregate remaining fund information of the Town as of and for the year ended December 31, 2024, and the related notes to the financial statements which collectively comprise the Town's basic financial statements. We issued our report thereon, dated September 29, 2025, which contained unmodified opinions on the respective financial position of the governmental activities, business-type activities, each major fund, and the aggregate remaining fund information, and a disclaimer of opinion on the aggregate discretely presented component units. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the basic financial statements. We did not audit the financial statements of the Southold Local Development Corporation. Those financial statements were audited by other auditors whose reports thereon have been furnished to us, and our opinion, insofar as it relates to the amounts included for such component units, is based solely on the reports of the other auditors. The financial statements of the Town's discretely presented component units were not audited as of the report date, nor were we able to satisfy ourselves as to those financial activities by other auditing procedures. The accompanying Schedule of New York State Department of Transportation Assistance Expended is presented for purposes of additional analysis as required by Part 43 of the NYSCRR and is not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements, and certain additional procedures including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the Schedule of New York State Department of Transportation Assistance Expended is fairly stated in all material respects in relation to the basic financial statements as a whole. PF-Na` te ,�,(/' I . cL PKF O'Connor Davies, LLP Hauppauge, New York September 29, 2025 - 3 - TOWN OF SOUTHOLD, NEW YORK SCHEDULE OF NEW YORK STATE DEPARTMENT OF TRANSPORTATION ASSISTANCE EXPENDED Year Ended December 31, 2024 Program Title Contract Number Expenditures Non-Federal Programs: Consolidated Local Street and Highway Improvement Program (CHIPS) Capital Component 070790 $ 666,869 PAVE-NY Program 070790 144,408 POP-Pave Our Potholes 070790 96,272 Extreme Winter Recovery Program (EWR) 070790 121,028 State Touring Route Program (STR) 070790 83,666 DOT01-K-007605-3900283& Airport Improvement Program DOT01-K-007605-3900283 77,946 Total New York State Department of Transportation Assistance Expended $ 1,190,189 See notes to schedule of New York State Department of Transportation Assistance Expended. - 4 - TOWN OF SOUTHOLD, NEW YORK NOTES TO SCHEDULE OF NEW YORK STATE DEPARTMENT OF TRANSPORTATION ASSISTANCE EXPENDED Year Ended December 31, 2024 Note 1 A— General The accompanying Schedule of New York State Department of Transportation Assistance Expended of the Town of Southold, New York ("Town") presents the activity of all financial assistance programs provided by the New York State Department of Transportation. B— Basis of Accounting The accompanying Schedule of New York State Department of Transportation Assistance Expended is presented using the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 17 of the NYSCRR Part 43. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements of the Town. C— Indirect Costs There were no indirect costs associated with the reported expenditures. D— Matching Costs Matching costs, i.e. the Town's share of certain program costs, are not included in the reported expenditures. E—Amounts Paid to Subrecipients The Town does not have any subrecipients for New York State Department of Transportation Assistance Expended. - 5 - TOWN OF SOUTHOLD, NEW YORK SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR NEW YORK STATE DEPARTMENT OF TRANSPORTATION ASSISTANCE EXPENDED Year Ended December 31, 2024 Section I - Summary of Auditors' Results: Internal control over New York State Department of Transportation Assistance Expended: Material weakness(es) identified? Yes X No Significant deficiency (ies) identified not considered to be material weaknesses? Yes X No Type of auditors' report issued on compliance for programs tested: Unmodified Any audit findings that are required to be reported in accordance with Part 43 of the New York State Codification of Rules and Regulations: Yes X None reported Identification of New York State Department of Transportation Assistance Program tested: Grant No. Program 070790 Consolidated Local Streets and Highway Improvement Program ("CHIPS") Capital Reimbursement Component Section II — Compliance Findings and Questioned Costs: Current Year None noted. Prior Year None noted. - 6 -