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Home My WebLink About2005 State Transportation Audit . . . . TOWN OF SOUTHOLD STATE TRANSPORTATION SINGLE AUDIT REPORTS December 31, 2005 . . . . . . . . TABLE OF CONTENTS Paqe . INDEPENDENT AUDITORS' REPORT ON COMPLIANCE AND CONTROLS OVER STATE TRANSPORTATION ASSISTANCE EXPENDED BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS.............. 1-2 Schedule of State Transportation Assistance Expended....................................................... 3 .. Notes to Schedule of State Transportation Assistance Expended ........................................ 4 Schedule of Findings and Questioned Costs for State Transportation Assistance Expended........ ....... ............................................... ........... ........... ... 5 . . . . . . . . . . . . . . . . . . . - 1 - CERTIFIE:O PUBLIC ACCOUNTANTS, BUSINESS ADVISORS AND CONSULTANTS 25 Suffolk Court, Hauppauge, New York 11788 631.434.9500 . Fax 631.434.9518 WW"'- avz. com REPORT ON COMPLIANCE AND CONTROLS OVER STATE TRANSPORTATION ASSISTANCE EXPENDED BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERMORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS INDEPENDENT AUDITORS' REPORT Honorable Supervisor and Town Board Southold, New York Compliance We have audited the compliance of the Town of Southold, New York, with the types of compliance requirements described in the Draft Part 43 of the New York State Codification of Rules and Regulations (NYCRR) that are applicable to each state transportation assistance program tested for the year ended December 31, 2005. The programs tested are identified in the summary of audit results section of the accompanying schedule of findings and questioned costs. Compliance with the requirements of laws, regulations, contracts and grants applicable to each program tested is the responsibility of the Town of Southold's management. Our responsibility is to express an opinion on the Town of Southold's compliance based on our audit. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Draft Part 43 of NYCRR. Those standards and Draft Part 43 require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above, that could have a direct and material effect on the state transportation assistance programs tested, has occurred. An audit includes examining, on a test basis, evidence about the Town of Southold's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Our audit does not provide a legal determination on the Town of Southold's compliance with those requirements. In our opinion, the Town of South old complied, in all material respects, with the requirements referred to above that are applicable to its state transportation assistance program tested for the year ended December 31,2005. Intemal Control Over Compliance The management of the Town of Southold, New York is responsible for establishing and maintaining effective internal control over compliance with requirements of laws, regulations, contracts and grants applicable to state transportation assistance programs tested. In planning and perforrning our audit, we considered the Town of Southold's internal control over compliance with requirements that could have a direct and material effect on state transportation programs tested in order to determine our auditing procedures for the purpose of expressing our opinion on compliance and to test and report on internal control over compliance in accordance with Draft Part 43 of NYCRR. ALBRECHT, VlOOIANO, ZURECK & COMPANY, P.C. INDD"DlDDn' MOl..... Of" BKR I~ . . . . . . . . . . . - 2- Our consideration of the internal control over compliance would not necessarily disclose all matters in the internal control that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that non-compliance with applicable requirements of law, regulations, contracts, and grants, that could be material in relation to state transportation assistance programs tested, may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over compliance and its operation that we consider to be material weaknesses. Schedule of State Transportation Assistance Expended We have audited the financial statements of the Town of Southold as of December 31, 2005 and for the year then ended, and have issued our report thereon dated June 8, 2006. Our audit was performed for the purpose of forming an opinion on the Town of Southold's financial statements taken as a whole. The accompanying schedule of state transportation assistance expended is presented for purposes of additional analysis as required by Draft Part 43 of NYCRR, and is not a required part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the financial statements and, in our opinion, is fairly stated, in all material respects, in relation to the financial statements taken as a whole. This report is intended solely for the information and use of the Town Board, management and New York State Department of Transportation. However, this report is a matter of public record and its distribution is not limited. ~, V~, 2.....-1- t-C-ra, ~c. Hauppauge, New York June 8, 2006 . - 3- . TOWN OF SOUTH OLD SCHEDULE OF STATE TRANSPORTATION ASSISTANCE EXPENDED Year ended December 31, 2005 Program Title NYSDOT Contract/Ref. Number Expenditures . Consolidated Local Street and Highway Improvement System - Capital Reimbursement Component $ 188,147 CHIPS . Total Expenditures of State Transportation Awards $ 188,147 . . . . . . . See accompanying notes to Schedule of State Transportation Assistance Expended. . -4- TOWN OF SOUTH OLD NOTES TO SCHEDULE OF STATE TRANSPORTATION ASSISTANCE EXPENDED Year ended December 31, 2005 . Note A - General The accompanying schedule of State Transportation Assistance Expended of the Town of Southold presents the activity of all financial assistance programs provided by the New York State Department of Transportation. . Note B - Basis of Accounting The accompanying Schedule of State Transportation Expended is presented using the accrual basis of accounting. Note C - Indirect Costs There were no indirect costs associated with any of these programs. Note 0 - Matching Costs Matching funds were provided in accordance with program requirements. Note E - Amounts Paid to Subrecipients The Town does not have any subrecipients. . . . . . . . . . - 5- . TOWN OF SOUTHOLD SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR STATE TRANSPORTATION ASSISTANCE EXPENDED Year ended December 31, 2005 SUMMARY OF AUDIT RESULTS: Internal control over state transportation assistance expended: . . Material weakness(es) identified No . Reportable condition( s) identified that are not considered to be material weakness(es) None Reported . . Type of auditors' report on compliance for programs tested: Unqualified . Summary of Audit Findings: Below Identification of State Transportation Assistance Programs Tested: . . Consolidated Local Street and Highway Improvement Program - Capital Component (CHIPS) COMPLIANCE FINDINGS AND QUESTIONED COSTS: . REPORTABLE CONDITIONS No matters reported . . . . .