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HomeMy WebLinkAbout1963-1964 FIFD T Or LUMMMION OF TAffi ACCO AIM FISCAL AFFAIRS OF TEM ?ISSN ISLAND FEW DISTRICT i Too OF SOtTTSUD SUMOM COM Pursue to Artidt 3, feral Wndairal Period covered: jan arg 11v 1963 To- r 31, 1964 Irwin UAM Approved: aar Ro Neumann Principal Examiner of Hziolpal Affairs of Area 07' STATE OF MW YOXg DEPARTMEMT OF:AUVrr AND CANTWL DMW614 OF MMIOMAL AFFAIRS Fishers Island Ferry District Town of Southold i BOAPD CF FERRY CM44ISSIONERS NAMES OF MEMF WHO SERUM TURING PERIOD EXAMIM Chairman Lawrence S. Baldwin Polly Edmonds Richard V. Foyle Alfred R. Grebe Lewis 0. Lamb Manager—Secretary Wilfred C. Sinclair I Treasurer Lester M. Albertson (Town Supervieor) I STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS 21 Fishers Island Feer District Town of Southo3A %ga CreaW November 21, 1947 IjLw Chapter 699, Lawe of 1917 Chapter 27, Lava of 1%8 Amended by Chapter 82p haws of 1954 a Chapter 6200 Lava of 1951 Chapters 1320 1691, 174 , Laws of 1+957 chapter 6370 Laws of 1962 A.me!299,laumum ,196k $4,2.39,r092»00 Bonded jgndobte' nes t C os aof t e od Norse Oaths of_ C� Ali of the required oaths of office were on file in the► town cleWs Off iceW The undertaking of the manager covering the period 2/2/64 - 2/2/65 was not found on file in the town clerks office. (Section 6, Chapter 699, Laws of 1947) Ce ►ml xnfoxtici The Town of Southold consists of the North Fork of Lmg Island# am* weer Tela nds and Fishers Island; 'There is no regularly scheduled method of trarar partation bectween YisheRrs Island and Lang Island. The district was created to provide transportation of perscensp vehiclear and merchandise betwasn Fishers Island and paints within and without the estate across Long Island Sound# At present, the district operates a ferz7 between Fishers Island and New London,. Connecticut as welj as an airfield on the island. STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS t � 3. Fishers Island Ferry District Town of Southold nua2 jujge& f or the Year 1964 Purpose unt Annr=iated Maintenance Expenses 19,773.00 Transportation Expenses 18,935.00 Casualties 2f20000 Genetical Expenses 121p810.()0 Insurance Expenses 13,807.00 Operating Rents 87,650.Oo Non-Carrier Rents 13t875-00 Taxes - Connecticut Property 1,248.00 Social Security Contributions 530. Total Appropriations $1709828.00 i Less Estimated Revenues 137,128.LO i Taxes to be Levied �0 i The ferry district accounts are maintained in accordance with a uniform system of accounts prescribed by the Interstate Commerce Comi.ssion. These records are maintained by the manager of the district and are audited by a private accounting firm. The totes supervisor-treasurer maintained separate cash records. Receipts and Disbursements All moneys determined to have been received were properly recorded and accounted for and disbursements were made in accordance with statutory requirements. STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS j 4. Fishers Island Ferry District Town of Southold SCHEDULE, 1 SMSTARY OF BALANCES, RECEIPTS AND DISBURMENTS FROM JANUARY 1, 1963 TO DEGE mR 31, 1964 Agency & General Trust Fund _bm Balance January 1, 1963 $ 81,694.25 $ 75.86 Receipts 1963 191,332.01 3.295.23 Total Balance and Receipts $273,026.26 $30.671.09 Disbursements 1963 19jj3868 3,587 Balance December 31, 1963 $ 760$87.58 $ 83.32 Receipts 1964 _19,05_4.223.2§2.a i Total Balance and Receipts $269,937.80 $3070.55 I. Disbursements 1964 ,1674729.15 ,,,3,204.36 Balance December 31, 1964 $102.208.§l 66.19 l if '1 STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL �� DIVISION OF MUNICIPAL AFFAIRS 5. Fishers Islami Ferry District Town of Southold SCHEDULE 2 RECONCILIATION OF CASH BALANCES WITH CASH IN BANKS AIM ON HAND I I AT CLOSE OF BUSINESS DECD 310 1964 Cash Balances (Schedule l) I General Fuad $102,208.65 Agency and Trust Fund 66.x9 2 Aceounted for as follows Bank(a) Checks Net C.�. .. BalAmas clutsta .iruc 8 Valley National Bank Greenport, N.Y. General. Fund $101*949.58 $ 717.53 $1010232.05 Hartford National Bank and Trust Co. New Londono Conn, General Fuad 20848„10 2,,196.85 631.22 North Fork Bank and Trust Co. Greenport, N,Y, Agency and Trust Fund 276.i9 210.00 66.19 I Total Net Cash in Bunks $1011949+46 Petty Cash Fund 20,00 Cash on Hand (Deposited 1./4/65) 167.65 Change Fund Total Cash in Banks and: an Hand U0 (a) Verified fram certificates of banks STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS Cart kation I, IRWIN KAPLAN, do hereby certify that I am an examiner in the New York State Department of Audit and Control; that pursuant to law T have made an examination of the Accounts and Fiscal Affairs of the FISMS ISLAND P DISTRICT, TOWN OF SOUTH=, COUNTY SUFFOLK; that I have read the foregaing report of such examination and that the same is true to the best of my ` knowledge, information and belief, Dated i STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION,OF MUNICIPAL AFFAIRS