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Home My WebLink About1972-1974 TWOOP3680, i swimc To" Or SOUTii" 7a - 17 awm w Wrow 742 — VA/ • ftXt i Ca ftes*&V U, WX ThM*b OnaMw 319 UT-4 ftpeft rUad November 26, 1975 at +fit and CaftiVA AUWWa Ntr Yiw* Althur L*4%t# Rift C aw Thmt. CaU"I �xaw�ta�rr■in*CNs� AC 1426(5/71) HONORABLE TOWN BOARD TOWN OF SOUTHOLD We have examined the Revenue Sharing Fund Statements of Revenue, Expenditures and Balance of the Town of Southold for the period from December 119 1972 to December 319 1974 and have compared the financial data for the years ended December 31, 1970# 19710 1972 and 1973 included on Bureau of Census Form RS-9 or supplied by the Bureau of Census with audited records of the town. Our examination was made in accordance with generally accepted auditing standards and the Federal Government's "Audit Guide and Standards for Revenue Sharing Recipients" and, accordingly* included tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. The accounts of the town were maintained on a cash basis of accounting. In our opinion the Statements of Revenue, Expenditures and Balance present fairly the revenues expenditures and status of revenue sharing funds of the town for the period from December 119 1972 to December 319 1974 on the basis stated. Further, except as shown in Exhibit C, and the possible effect of these differences on the entitlementa received, financial data included on Bureau of Census Form RS-9 or supplied by the Bureau of Census for the years ended December 31, 19709 1971, 1972 and 1973 is in agreement with audited records of the town. As part of our examination, we made a study of compliance with the law and the Revenue Sharing Regulations of the Federal Government for the period from December Up 1972 to December 319 1974. Our study of compliance, which related to the requirements cited above$ disclosed no conditions which we consider matters of non-compliance. Very truly yours, OFFICE OF THE STATE COMPTROLLER DIVISION OF MUNICIPAL AFFAIRS • STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS AC 1426(5/7 1) Exhibit A Town of Southold Revenue Sharing Funds Statement of Ravenue, Expenditures and Balance Year Ended December 319 1972 Available Funda, Beginning of Year s .00 Entitlement Payments 62._.453.00 Available Funde, End of Year 6? 45300 Year Ended December 31, 1973 Available Funde, Beginning of Year 62,453.00 • Add Revenuer Entitlement Payments 1609973.00 Interest1_ 0.077.84 Total Available for Obligation During Year 6233,503.84 Less Expenditures 975.00 Available Funds, End of Year 232. 5 8�8�4 • STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS AC 1426(5/71) Exhibit A Town of Southold Revenue Sharing Funds Statement of Revenue, Expenditures and Balance Year Ended December 31, 1974 Per 800he Adiustments Ad usted Available funds, Beginning of Year $2329528.84 $2329528.84 Add Revenue: Entitlement Payments 1439582.00 1439582.00 Interest 259716.69 259716.69 Refund of Appropriation Expense .00 628,09 28.09 Total Available for Obligation During Year $401,827.53 $28.09 $4019855.62 Less: • Expenditures 23;823.92 23 823.92 Available f unds, End of Year 1=.003.618 0 5,j37§1g *70 • STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS AC 1426(5/71) Exhibit 6 Town of Southold Revenue Sharing Funds Statement of Expenditures Year Ended December 31, 1973 Operating/Maintenance Expenditures for Environmental Protection Year Ended December 31, 1974 Operating/Maintenance Expenditures for Multipurpose General Government 511,927.43 . Capital Expenditures for Multipurpose General Government 11.896.49 Total Expenditures 12328230092 • STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS INC 1426(5/71) Exhibit C Town of Southold Summarylof Data Supplied by the - Bureau of the Census Year Ended December 319 1970 Supplied Per Municipal by Census Book of Accounts Difference PART I Property Taxes 1193089349.00 Licenses, Permits and Other Taxes 44,577.00 Total Adjusted Taxes ,1.242.116.00 51.352.926.OD 5110.8OQ(a) PART II From States General Supports Other 699106.00 Streets and Highways 250237.00 • Public Welfare 220432.00 Fnw Other Local Governments 3,600.00 Total Intergovernmental Revenuss8 129.925.00 s 120.375.00 )(b) (a) $3093.00 Intsrest and Penalties 1629340.00 Street Lighting Taxes $6#187.00 Miscellaneous Permits $38,390.00 Mortgage Tax (b) unidentified STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS ALC 1426(5/71) Exhibit C Town of Southold Summary of Data Submitted to the Bureau of the Census Year Ended December 31, 1971 Submitted Per Municipal To Census Book of Accounts Difference PART I Property Taxes 1195350012.00 $194839582.00 $(51#430.00)(a) Licenses# permits and Other Taxes 619928.00 61,928.00 PART II from States E General Supports Property Tax Relief g .00 39129.00 3,129.00(b) All Other 109,054.00 109,054.00 ' Streets and Highways 120774.00 12,774.00 Public Welfare 17,213.00 179213.00 All Other 20248.00 20248.00(c) From Other Local Governments 30000.00 3,000.00(a) (a) Unidentified (b) Lase of Railroad Tax Revenue (c) Emergency Employment Program STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS AC 1426(5/71) Exhibit C Town of Southold Summary of Data Submitted to the Bureau of the Census Year Ended December 31, 1972 Submitted Per Municipal to Census Book of Accounte Difference PART I Property Taxes $196329050.00 $195300416.00 S(101,634.00)(a) Licenses, Permits and Other "faxes 143,242.60 108,510.00 (340732.60)(b) PART II From States General Supports Property Tax Relief 108,091.00 .00 f(1089091.00)(c) All Other 30022.21 111,113.21 1089091.00(c) Streets and Highways 16,383.51 279765.00 11,381.49(x) Public Welfare 109183.33 10,183.33 All Other 19850.79 59359.80 39509.01(d) From Other Local Governments 34,674.00 .00 349674.00(x) From Federal Government 4lirscatly) 621,453.00 999884.70 379431.70(x) (a) Unidentified (b) Parking Fees (c) " Reclassified (d) Traffic Aid 04,, Raclassification of Emergency Employment Program Receipts ($34,674.00) and Unidentified Receipts ($20757.70) STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS AC 1426(5/71) Exhibit C Town of Southold Summary of Data Submitted to the bureau of the Census Year Ended December 31, 1973 Submitted Per Municipal to Census Book of Accounts Difference PART I Property Taxes $107319173.00 $195779729.13 $1530443.87(a) Licenses, Permits and Other Taxes 1139164.00 1139164.25 PART Il From States General Supports Property Tax Relief $ 29916.00 $ 29916.00 All Other 889175.00 1319575.00 43,400.00(b) Streets and Highways 129959.00 129959.00 Public Welfare 69840.00 69840.00 All Other 39,246.00 22,039.88 179206.12(c) From Other Local Governments 79999.00 79999.00 rrom ,Fe&ral Government (Directly) 1609973.00 1769125.12 159152.12(d) (a)' Unidentified (b) Part-Tow Per Capita (a) Unidentified (d) Federal Emergency Employment Program STATE OF NEW YORK DEPARTMENT OF AUDIT AND CONTROL DIVISION OF MUNICIPAL AFFAIRS