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HomeMy WebLinkAbout2011 Justice Court • • • TOWN OF SOUTHOLD JUSTICE COURT • COMBINING STATEMENT OF RECEIPTS AND DISBURSEMENTS Year Ended December 31, 2011 • • • • • • • CERTIFIED PUBLIC ACCOUNTANTS • INDEPENDENT AUDITORS' REPORT To the Honorable Supervisor and Town Board • Town of Southold Southold, New York We have audited the accompanying statement of cash receipts and cash disbursements of the Justice Court of the Town of Southold, New York, for the year ended December 31, 2011. • This financial statement is the responsibility of the Town of Southold, New York's management. Our responsibility is to express an opinion on this financial statement based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether this financial statement is free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statement. An audit also includes assessing the accounting principles used and significant estimates made by the Town of Southold Justice Court, as well as evaluating the overall financial statement presentation. We believe that our audit provides • a reasonable basis for our opinion. As described in Note A, the financial statement of the Town of Southold Justice Court is intended to present only the cash receipts and cash disbursements of the Town of Southold Justice Court. In our opinion, the financial statement referred to above presents fairly, in all material respects, the cash receipts and cash disbursements of the Justice Court of the Town of Southold, New York for the year ended December 31, 2011, in conformity with accounting principles generally accepted in the United States of America. • • Hauppauge, New York December 4, 2012 PERSONAL SERVICE. TRUSTED ADVICE. , - ALBRECHT, VIGGIANO, ZURECK & COMPANY, P.C. 245 PARK AVENUE, 24TH FLOOR 25 SUFFOLK COURT _ NEW YORK, NY 10167 HAUPPAUGE, NY 11788-3715 • T. 212.792.4075 T. 631.434.9500 F: 631.434.9518 www.avz.com INDEPENDENT MEMBER OF BKR INTERNATIONAL. • -2- TOWN OF SOUTHOLD JUSTICE COURT COMBINING STATEMENT OF CASH RECEIPTS AND CASH DISBURSEMENTS Year Ended December 31, 2011 Town Justices • Rudolph H. William H. Louisa P. Bail Bruer Price, Jr. Evans Account Combined Opening Cash Balances $ 30,835 $ 18,573 $ 170 $ 209,406 $ 258,984 Add: Receipts of fines and forfeitures 291,156 270,116 1,245 562,517 Bail 109,459 109,459 Return of Bail and Other 52 52 Less: Disbursements to Town of Southold (298,051) (267,374) (1,415) (141,995) (708,835) Ending Cash Balances $ 23,992 $ 21,315 $ -0- $ 176,870 $ 222,177 • • • -3- TOWN OF SOUTHOLD JUSTICE COURT • NOTES TO FINANCIAL STATEMENT December 31, 2011 A. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 1. Reporting Entity • The Town of Southold, Town Justice Court, is a special fund established by the Office of the New York State Comptroller pursuant to section 99-a of the State Finance Law. Its purpose is to provide centralized accounting for the fines, penalties, forfeitures and fees collected by the Town of Southold, Town Justice Court. The Fund is • administered by the Bureau of Justice Court Fund (Bureau) within the Office of the State Comptroller. The Bureau receives and examines reports to determine the distribution of funds collected and fees earned to New York State and the Town of Southold. • 2. Basis of Presentation The financial statement was prepared to present the cash receipts and cash disbursements of the Justice Court. The operating expenses for the Town of Southold, Justice Court are accounted for in the General Fund of the Town of • Southold. 3. Cash Balances The cash balances at December 31, 2011, represent fines collected during December • 2011 that have not yet been remitted to New York State and other jurisdictions including the Town of Southold. In addition, the remainder of the cash balances represent bail deposits collected through December 31, 2011 that have not yet been returned. 4. Disbursements to Town of Southold • Chapter 465, Laws of 1998 permits the Town of Southold Town Justice Court to transmit monthly receipts directly to the Town of Southold without first sending them to the Office of the New York State Comptroller for distribution. The Town of Southold will then remit any amounts owed to New York State. • • •