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Home My WebLink About1967 IRVING W. MILLER Public Accountant • 39 CHESTNUT STREET HUNTINGTON, N. Y. HAMILTON 7-6577 SCHOOL AUDITS Carl Shaniro, CPA MUNICIPAL AUDITS Associate CONSULTANT April 24, 1968 Town Board Town of Southold Suffolk County, New York Dear Sirs : As requested, I have made an audit of the books of the Town of Southold and its Officers for the calendar year, 1967 , Sand do hereby certify that, subject to comments made , they are correct . Respectfully submitted Irving W. Mi.11err Public Accountant IWM:sd • TOWN OF SOUTHOLD This engagement called for an audit as set; forth in Section 101' of Town Law. The records of receints and disbursements were checked in accordance with. good accounting practice . Test checks were made from selected records and sources . Book and bank balances were reconciled by the noting of outstanding checks . The reports of the various Town Officers and employees were examined . Sufficient check was made to certify them as correct . Confirmations were secured from outside agencies to verify accounts . Cognizance was taken of a separate inderendent audit, covering the Fishers Island Ferry District . • IRYING WM. MILLER . PUBLIC ACCOUNTANT . HUNTINGTON, N. Y. TOWN OF SOUTHOLD S GENERAL FUND 1967 SUMMARY OF CASH RECEIPTS , EXPENDITURES AND BALANCES TOWN-WIDE PART-TOWN Balance . January 1, 1967 $103, 713 . 45 $ 98 , 756 . 50 Receipts Real Pronerty Taxes $218 , 132 . 88 $218 , 831 . 88 State Aid, Per capita 47 , 197 . 24 21 , 908 . 32 State Aid, Mortgage Tax 37 , 483 . 80 State Aid, Home Relief 19, 647 . 17 Int . & Penalties on Taxes 3, 085 . 06 Dog License Monies 3 062 . 92 Bingo Licenses 1, 740 . 19 Trailer Permits 115 . 00 Town Trustees 849 . 27 Franchises 85 . 00 Interest on Deposits 5 909 . 73 8 . 374 .45 Justices Fines & Fees 5, 268 . 00 Welfare Repayments 941 . 00 Airport Revenue 197 , 00 Town Beach Concession 450 . 00 Town Clerk Fees 2 333 . 34 Refunds 651 . 67 853 . 10 Charges to Other Gov 'ts-County 268 . 34 Charges to Other Gov 'ts- Greenport Village -0- 3 , 000 . 00 Miscellaneous 4 . 00 -0- Fees - Building Insnector -0- 3, 015 . 05 Fees - Planning Board -0- 261 . 00 Fees - Board of Appeals -0- 660 . 00 Fees - Change of Zone -0- 325 . 00 Fees - Police Transcripts -0- 293 . 00 Total Receints and Balance $451 , 135 . 06 $356. 278 . 30 Less : Expenditures 358 . 642 . 47 289, 736 . 92 Balances, December 31, 1967 $ 23L.492_59 $ 66, 541 . 38 IRVING WM. MILLER PUBLIC ACCOUNTANT • HUNTINGTON, N. Y. TOWN OF SOUTHOLD HIGHWAY FUNDS - 1967 SUMMARY OF CASH RECEIPTS, EXPENDITURES AND BALANCES Repairs & Snow Improvements Bridges Machinery Miscellaneous Item #1 Item #2 Item #3 Item #4 Balance , January 1 $ X3, 992 . 75 $2, 518 .44 $31. 904 . 60 31, 060 . 88 Receints Real. Property Taxes $203, 843 .40 -0- $65, 899 . 52 83, 373 .61 State Aid 18, 128 .73 -0- 2 , 823 . 71 1, 390 . 57 Interest on Deposits 2, 967 . 50 -0- 1, 902 . 15 1, 547 . 00 Other Sources -0- -0- 528 . 20 -0- Total Receipts and Balance $278, 932 . 38 $2, 518 .44 $103 , 058 . 18 $117 , 372 . 06 Less : Expenditures 207, 736 . 52 -0- 79, 660 . 68 77 , 890 . 99 Balance, December 31 L-71�,195 . 86 $2 , 518 .44 $ 23, 397 . 50 $ 39, 481 , 07 IRVING WM. MILLER PUBLIC ACCOUNTANT HUNTINGTON, N. Y. • TOWN OF SOUTHOLD SPECIAL DISTRICTS - 1967 SUMMARY OF CASH RECEIPTS, EXPENDITURES AND BALANCES Balance Balance January 1 Receipts Expenditures December 31 E-W Greenport Fire Prot . $2 , 475 . 53 $16, 092 . 03 $14 . 830 . 46 $ 2, 737 . 10 E-W Greennort Light 627 . 01 3 , 674 . 00 4 . 009 . 91. 291 , 10 Mattituck Light #1 59 . 72 9, 491 . 16 9, 451 . 86 99 . 02 Mattituck Light #2 268 . 57 1 , 122 , 62 1, 051 . 20 339 . 99 Cutehogue. Light 716 .78 11, 124 . 05 11, 199 . 82 641 . 01 • Peconic Light 324 . 81 2, 347 - 32 2, 410 .40 261 . 73 Southold Light 328 . 85 9, 695 . 21 9, 606 . 25 417 . 81 Fishers Island Light 371 . 85 2, 143 . 27 2 , 079 . 96 435 . 16 East Marion Light 88 . 10 3, 163 . 72 3 . 006 . 05 245 . 77 Orient. Light _ 287 . 55 4,031 . 25 3. 996 .27 322 . 53 TOTAL $5, 548 .27 $61, 884 . 63 $61, 642 . 18 $ 5791 . 22 • IRVING WM. MILLER • PUBLIC ACCOUNTANT • HUNTINGTON, N. Y. • TOWN OF SOUTPOLD OTHER FUNDS SUMMARY OF CASH RECEIPTS, EXPENDITURES AND BALANCES Balance Balance January 1 _ Receipts Expenditures December 31 Tax Account 1966-67 $611, 829 . 71 $1, 911, 377 . 98 $2, 523, 207 . 69 $ -0- Tax Account 1967-68 -0- 876, 844 . 49 255 329 . 16 621, 515 . 33 Fishers Island Ferry District 103, 181 . 38 269, 986 . 96 301, 368 . 76 71 , 799 . 58 Fishers Island • Agency Trust 157 . 66 7 , 510 . 57 7, 217 . 53 450 . 70 Agency Trust Town 14 , 595 - 09 116, 169 . 34 118, 482 . 91 12 , 281 . 52 Bathing Beach Purchase 349 . 76 -0- -0- 349 . 76 Land Acquisition Fund 3, 225 .42 -0- -0- 3, 225 .42 Ferry Purchase Fund 73 , 590 . 24 446 . 25 74, 036 .49 -0- Beach Fund -0- 18, 500 . 00 -0- 18 , 500 . 00 Machinery Note Fund -0- 14 , 000 . 00 13, 700 . 00 300 . 00 • IRVING WM. MILLER • PUBLIC ACCOUNTANT HUNTINGTON, N. Y. • TOWN OF SOUTHOLD BANK RECONCILIATIONS First. Page) AS OF DECEMBER 31, 1967 Add : Minus : Book Checks In Transit or Bank Account _ Outstanding Adjustments Balance General Accounts Town-Wide $ 94, 492 . 59 Part-Town 66, 541 . 38 Welfare Pending 5, 000 . 00 (Valley Natl Bank) $15, 664 .41 (a) (2 , 282 . 50) $ 71 , 980 . 88 (Valley Natl Bank) 52 . 00 51052 . 00 (Valley Natl Bank) Time Deposits _ _ 105 , 000 . 00 $164, 033 . 97 $155716 .41 $ 2, 282 . 50 $182 , 032 . 88 • Highway Fund Item #1 $ 71, 195 . 86 Item #2 2 , 518 . 44 Item #3 23. 397 . 50 Item #4 39, 481 . 07 (North Fork Bank & Trust) $ 9, 346 . 76 $ 75, 939 . 63 (North Fork Bank t? Trust-Time Deposits) 70, 000, 00 $ 6 , 592 . 87 $ 9 , 346 . 76 $145, 939 . 63 Fisher ' s Isl.and- Regular $ 71, 799 . 58 $11, 657 . 34 $ 2497 . 30 (a)2 , 282 . 50 (Valley Natl Bank) $ 78 , 677 . 12 Fisher ' s Island- Agency & Trust 450 . 70 998 . 12 597 . 38 (North Fork Bank 851 ,44 & Trust) — • Agency & Trust- Regular $ 12 281 . 52 $ 3, 952 , 72 (Valley Natl Bank) 16, 234 . 24 IRYING WM. MILLER . PUBLIC ACCOUNTANT HUNTINGTON, N. Y. • TOWN OF SOUTFOLD BANK RECONCILIATIONS (Second Page) AS OF DECEMBER 31, 1967 Book Add : Checks Bank Account Outstanding Balance Special Districts Fund $ 5, 791 . 22 -0- (Security National Bank) $ 2 . 591 , 22 (Security National Bank Time Deposit) _ 3, 200 . 00 $ 5, 791 . 22 -0- $ 5, 791 , 22 Tax Account $621, 515 . 33 $67 , 984 - 51- (North 67 , 984 . 51(North Fork Bank & • Trust) 5689, 499 . 84 Beach Purchase Fund $ 349 . 76 $ -0- (North Fork Bank & Trust) $ 349 . 76 Land Acquisition Fund $ 3, 225 ,42 $ -0- (North Fork Bank & Trust) $ 3 . 2�5 -42 Beach Fund $ 18, 500 . 00 $ -0- (Security National Bank) $ 18 , 500 . 00 Tax Machine Account $ 300 . 00 $ -0- (North Fork Bank Trust) $ 300 . 00 IRVING WM. MILLER PUBLIC ACCOUNTANT • HUNTINGTON, N. Y.