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HomeMy WebLinkAbout1975-1980 FIFD f REPORT OF EXAMINATION OF ' FISHERS ISLAND FERRY DISTRICT TOWN OF SOUTHOLD OFFICE1='STATS OM ROLLER E WDA D �REG:: • 2. Fishers Island Ferry District Town of Southold • AUDIT FINDINGS Board of Commissioners Purchase of New Ferry In 1977 the district advertised for bids for the construction of a new ferry. The only bid submitted was for $846,000.00, less $110,000.00 in trade for the old ferry, or a net of $736,000.00. This was in excess of the $730,000.00 authorized by the voters to be borrowed to finance the project. The district negotiated with the sole bidder and agreed to a revision in the specifications and a revised bid of $741,100.00 less $152,100.00 in trade, or a net of $589,000.00. Subsequently, the district paid this firm an additional $47,400.00 for a bow thruster and life rafts, which had been deleted from the original specifications. After the original bid had been rejected, the district .should have revised the specifications and re-advertised for bids. Purchase of the bow thruster for $36,400.00 and the life raft for $11,000.00, both in excess of $5,000.00, should have been awarded to the lowest responsible bidder after public advertisement for. bids (General Municipal Law, §103). Professional Services The board engaged the services of a naval architect for design and inspection services relating to the construction of a ferry. Minutes of the board indicated estimated costs as $13,550.00. Total payments to the architect amounted to $19,492.75 (included in this amount was $1,228.69 for travel, blue prints and telephone costs). No written contract was executed to establish the basis of the charges nor did the invoices of the architect detail the changes. No record could be found to support the increase cost in excess of the amount authorized by the board. It is recommended that contracts for professional services specify what services are to be rendered and the basis for any changes. Payroll Procedures A review of internal controls covering employee leave indicated that no time or leave records were kept for employees. The final check for the business manager, who resigned in 1980, included payment for twenty days unused vacation and thirty days unused sick leave for which no supporting record was available. We recommend that leave records be maintained for each employee. STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS 1. STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER L . ALBANY,NEW YORK • _ 12236 EDWARD V.REGAN 81M-532 STATE COMPTROLLER January 1, 1975 - December 31, 1980 Report Filed - December 14, 1981 TO THE CHAIRMAN AND MEMBERS OF THE BOARD OF COMMISSIONERS OF THE FISHERS ISLAND FERRY DISTRICT TOWN OF SOUTHOLD SUFFOLK COUNTY, NEW YORK: Pursuant to Article 3 of the General Municipal Law, we have examined the transactions of the Fishers Island Ferry District for the period January 1, 1975 through December 31, 1980, for compliance with various statutes and regulations. The financial statements of the various funds and account groups of the Fishers Island Ferry District for the fiscal years ended December 31, 1975, 1976, 1977, 1978, 1979 and 1980 were audited by independent accountants and copies of these reports are on file in the town hall in Southold. Comments with respect to our examination are set forth on the following page of this report. Very truly yours, OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS