HomeMy WebLinkAbout1990 FIFD , ,.;.
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� UNIFORH ANJl1AL FINANCIAL REPORT �
Plar�w of Unit: FISHERS ISLAND FERRY DISTRICT '
Locatod in Couity of t SUFFOLK .
For Ficcal Yoar Encledt 12 / 31 / 1990
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STATE OF NEW YORK
OFFICE OF THE STATE COMPTROLLER
� DIVISION OF F�RJICIPAL AFFAIRS
ALBANYi NEW YORK 12236
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47 �4 Z90U 02U0 � � .
�ZSHERS ISIAtdD FERRY DIST � �
COU1dTY 0� SU��OLK
� i CERTIFICATE OF CNIEF FISCAL OFFICER
r, Scott Louis Harris , certify tF,at I am the Chief ris�al officer of tl,e Fishers Island Ferry District ,
IPlease Printl IName of Unitl
arxJ that this report, to the best of my kncxul��, information arx! belief, is a tn�e and correct statement of the firrancial trensactions
arxl iiscal conditia� for the fiscal y�ar �rrxl.+�J > 19 .
�
Supervisor
� Siyna ure Title
53095 Main Road (516) 765-4333
Official Address Office PF�ie IJii�ber
Southold, New York 11971 , nate: February 26, 1991
�1f-M�*�f�f a(-M-H�-jFiHHf�f-lf�l(-�F�HHf�f-1H(-Ifi(-IHF*�1F�lEaHFif-lFjf-DHFiE-1Hf-1Hl-M-�Y�f�l�-�EiFif�il�ah�i�#iF if-aa�f�f-1F if If ik df�df-Y-3fiF�iF�f-lE iH(��7f iH1-�l�-iFiFM iF#�i(�F if#i�-iFN-11�#iFif�-IFIFiL*jHl-If*aFIhSHF1HHHHf-1HE �lf#�F 14 af-lfihk
� PLEASE MAIL REPORT TO:
�TATE O� NEW YORY,
OF�ICF OF THF STATE COhiPTROLLER
DIVISION OF MUNICIPAL RESEARCH AND STATISTICS
AIFRFD E. SMITFI STATE OFFICE BUILDIMG (lOth. FLOORI
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ALEiANY, NEW YORN 12236
ATTENTION: MARGI[ MQ.,LEY
IF YOU HAVE QUESTIOIdS RELATING TO THE
AMJUAL FINAMCIAL REPORT,
PLEASE CALL ALBANY: (5181 474-5420
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_ -� -,.----. -- , �' , " • - . ,`, . ._ . �, . . _ � .� ,BALANCE-'SHEET'*�_AS`OFt.December��31 � - ,- ; i'9 90 - � � , � -
ASSETS � EDPCODE LIdBILITIES EDPCODE
- Cash 7P299 S 3�87� -Accounts Payable 7P600 S 6$,234
Investments , 7P450 ;778�207 - Accrued liabilities 7P601 _
�'.
Prepaid E�Cnses 7P480 Due to Other C,overrvnents 7P631 12�
Deferred Charges 7P484 Deferred Reverx�e 7P691 Z.rJ,.rJ2�F
- Accou�ts Receivable 7P399 - 1��38 Notes Payable 7P620
State 8 Federal Receivables 7P4q9 195�328 g�s Payable 7P628
Funds ` 391 -
, Due from Other S�f356[@i��7S 7P�aQ 13,931. Other liabilities 7P699
" . Irrventory 7P445 � TOTAL LIABILITIES 5 93,885
- � Fixed Assets: "
. Cost
Accunulated Depreciation
Net Fixed Assets 7P19? _ E�iUITY
" Other Assets 7P484 Contributed Capital � 7P800 S
- Fu�d Balance/Retained Earnings 7P909 899,. R9
- _ TOTAL EQUITY �99�189
TOTAL ASSETS: � 5993���4 TOTAL LIABILITIES nrio evuirv � s 993,��4 --'
_ � � For office use only . -
,. , _ - - • ' " ' - - " . 7PDATEF ' � , . - -
_ - _ .- , � � , ' •� . 2 , r - -
• . STATEMENf Of RCVE MJf;� AND OTHER SOURCFS, EXPENDITURES/E7CPEI�ES AND CHANGES IN EQUITY
EQUITY BE6INNING OF YEAR , 7PA021 SB��,512
Prior Period Adjustments
Increase in F�cl Equity 7PR012
Decrease in Fvxl Equi ty 7P8015 _
REVENUES ANU OTHER SOURCES �
Special Assessmen�s 7P1030 ��,4nQ
Other :�r•vices 7P1999 J33 322
Sale of Real Property 7P2660 ______ .
R�ntal of Real Property �P2�,in �_8�525
Infnrest and Earnings 7P2401 5 9�7.rJ2 -
Use of Mvney and Property 7P?4°Q ___
Sta�e Aid 7P�oon
Federal Aid • 7P4999 2.26��92
Misc. Reverwes, o�fwr govt 7P238� _ 687
Other Sources 7P279� 6��2�
Total Reverx�e 51�363�198
Personal Ec�uirxnent Arxl Contrectual Employee
EDPCODE SPrvices Capital Outlay E�enditures Benefit Total
---- -1- -? -- - -- - 4 --- - 8-- -----
EXPEN�ITURES/EXPENSES
6eneral Goverwnent Si�ort 7P1�9° s s s 90,395 s s 90,395
Public Safety , 7P39�4 _
Health 7Pyqoo
Transportation 7P5999 438,474 - _ 61,063 466.852 93�297 _l.059.686
Economic Ass4. 8 Opport�ity 7P69oo __ __
Culture arx! Recreatiori 7P7999 ___ ___ _ 8.337 8.337
Home and Co�mR�ity Sr rvices 7P8Q99 _ _
EmQloyee Bc�nefits 7P90QQ
Debt �
Borxl - Principal 7P97896 (7�,���
Baxl - Interest 7P97897 53�103
Notes - Principal 7P97886 _
Notes - Interest � 7P97887 _
Depreciation 7P19Q43
Ad�ustments to balance 7P1f388
TOTAL EXPENDITURES/EXPENSES 1,271,S21
EQUITY END OF YEAR 7P8024 s 899�I89
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' ' . AGENCY FUNDS * BALANCE SHEET * AS OF DECEMBER 3Y, 1990
i55EI5 � EDPCODE AGE�ICY FUI� LIAAILITIGS EUPr_qDE
� :aeh Consollda[ed Payroll 7A10 $
Czsh T/1200 S 531 _ Ucfci red Compcnsatton 'lA1 7 _ .
::-< U��-s[[s TA201 9,630 _ St;��r Iletirement ' ' _ _ _ _
.--tal Casli S 1�,].(1 I�I�.�I,(11ty Insurnncc , � ___ _
_ G�uu�� 7n;ur�ncc 1'�7��
- ----=n[s Ilct1 'inrk Statc Incom� 1�ir. 7A71 �---- ----- Y
. •=strcen: in 5ecur(tles TA/�50 $ f'ee)ei,�l income T�x T1�21 � � �
" ..es[rer: ln Repurctiase Agreerrents TA451 Incorne [:xecutions IA)� �
_ec�r![!es and Mortgages TA455 hs:�ocl�tion and Union Ducs TA21�
:crued lnterest on Securi[les U.S. SavinPs Uonds TA25 `
�c,ulreC TA45G Soci�l Security Tax Th2G �
. =-sonal Froperty Th457 IIcN 1'ork C1[y Inconc Tnx TA2�3 '
'_-: Prot=r[}' TA45E3 Gunrnnty and Uid Depnsl[s T/,3� ^ �
�s- and Securltles t�ith Qcferred S[rcct Opcning Deposits Th31
__-�. ?:an Ptovider TA��GO 1'�il: l.�nd De��oslts i•'.J7
=c:a1 I-vestments • $ Tax f?edemptions TA40
Joint Tax Liers TA41
Accounts Receivable TA380 4,438 Surplus from Tax Sales TA44
:_= irom �ther I'unds TA391 $ Ottier hPency Funds (Specify)
UPS R�ceivers Fund T042 , 187
. Utie to Other Punds �G30 13,931 _
Accounts Pa}'�ble 'I600 481
-'-_=� !SSEi� $ 14,599 Tf7I'�.1, A.GGtICY LIADIn,ITIES � —�
14�99-- ---_--
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, . -__ . 3a �
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. • , •
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SLIPPLEMENTAL 7NFORMATION
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STATEMFNT OF INDEBTEDNESS
Month Current Wtstwnding Do Not Include Renewals Here O�tstanding Final
(List Separatelv by Date of Issuel EDPCODE and Interest Begimin.a Of Issued During Pai During End Of Ma{urity
Year-x� Rate Fiscal Year Fiscal Year Fiscal Year Fiscal Year Daie
T P 1 3 5 7
Tax Anticipation Notes __ _/___ ___ _ _____________y___ •
----- - — — -- --- -- �---- --------- ------------- ---
Total Tax Anticipaiion Notes 7P1881 _ ____ _________ ____________ ___ __
Reverx�e Anticipation Notes - —�--- ----------- ------------- ----- -
/
-- - ---- --�----- -------- - -------- ---
Total Reverxae Mticipation Notes 7P1882 -- - ----_--- ------------ ---
Bixlget Notes -- - / — -------- ---- ------ - —
- — ---�--- ------ ----- - -------- -
Total B t Notes 7P1883
Urban Renewal Notes /
--- --�-- ---- ----- --
Total Urban Re.newal Notes 7P188�t
�1 NEW ISSUES, PLEASE INSERT NEW ISSUE DATE. ON RENEWAL, PLEASE IrtSERT LATEST RENEWAL DATE. PLEASE INSERT 4 DI6ITS-
EXANPLE: JMAIARY, 1986 WOULD BE O1/86.
a
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STATEMENT OF INDEBTEDNESS
Month Current O�tstanding Do Not Include Renawals Here Outstanding Final
tList Separately by Date of Issuel EDPCODE ancl Int�srRst Begiming Of Issu�During Pai Ouring End Of Maturi4y
� Year* Rate Fiscal Year Fiscal Year Fiscal Year Fiscal Year Date
- - T- —p--- ---1----- --3 5 7
Capital Notes /
_ �
. �
/
/
/ .
Total CaPifal Notes 7P1885
[Sorxl Anticipation Notes /
/
— --- -��_. ------- ---------
/
Total Bortd AnticiPation Notes 7P1886 __ _
� BANS Redeemed From Bor+d Proceeds �
*ON NEW ISSUES, PLEASE I1�lSERT NEW ISSUE DATE. ON RENEWAL, PLEASE INSERT LATEST RENEWAL DATE. PLEASE INSERT 4 DI6ITS• '
EXAMPLE JANUARY: 1986 WOULD BE O1/86.
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STATEMENT OF INDEBTEDNESS
Month Current Outstarxling Do Not Include Renewals Here Outstandirg Final
(List Separately by Date of Isst�el EDPCODE ancl Interest Begiming Of Issued During Paid During End Of F4a4urity
' Year* Rate Fiscal Year Fiscal Year Fiscal Year Fiscal Year Date
-- --------- - —T-- ---- -P---- --—1----- -----3-- 5 7
BcxxJs /
___ SERIAL_BONDS FERRY �__ _ __08 i 77_. ___ 5.90_____ __280�000 ___ ______�_ 35,000 245.000 2 7
___SERIAL__BONDS _FERRY_____._ _ ________ _ 10 ! 84_ _ 9.1.0 _. __425,000 __ ____ ______.__ 25,000 _ _400 i000__ 4 05
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Total Borxls ___ _ 7P1ii87 � _ _ _____ �OS_�000_______________ 60,000 645.000
/
/
A11 Other ------- ----- ----– ------
/
/
TOTAL ALL OTHERS 7P1888
TOTAI INDEBTEDNESS ___�OSZOOO 6� ��� 645 ���
Please note callable features of baxl issues and any reserve f�nds available to pay debt.
�N NEW ISSUES, PLEASE INSERT NEW ISSUE DATE. ON RENEWAL, PLEASE II�ERT LATEST RENEWAL DATE. PLEASE INSERT 4 DIGITS•
EXAMPLE: JANUARY, 1Q86 WOULD BE O1/86.
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riame uf ur,ft:FISHERS ISLL�ND F .RRv nrST.
NOTICES OF TORT CLAIh�i
FOR THE FISCAL YEAR ENDED 1q
T07AL MRH3ER OF CLAIhtS TOTAL AMOUPfT OF CLAIMS TOTAL AMOI�JT PAID ON CLAIItS
EDP CODE NUFBFR EDP CODE AMOUrlf EDP CODE AMOUNT
Claims Pending - Begiming of Year
Irrvolving CodeiendantlThird Party Deferxiant 7PTR10 2 7PTR11 5�������� 1
Other Claims 7PTR15 7P�R16 2
Notices Filed During the Year
Involving Cocleferxlant/Third Party Defendant 7PTR?0 7PTR21 3
Other Claims 7PTR25 7PTR26 4
Less:
- Claims disposed of d�ring the year
Prior to co+mne+�cement of court action• -
-gy Uni{ 7pTR;0 _ 7PTR31 7PTR32 5
-By Insurar�ce Carrier /f'TF240 7PTR41 7PTR42 6
- Claims disposed of ciuring the yoar
after commencwnent of court actio�:
-Ry Unit 7PTR50 7PTR51 7PTR52 7
-Insurance Carrier 7P7R60 7PTR(>1 � 7PTR62 8
-By Juc)grment 7PTR70 _ 7PTR71 7PTR72 9
-Otf�er f 1 7P T RAO 7PTRE11 7PTR82 10
Equals:
Claims P�ing - Fnd of Year
Involving Codeferxfant/Third Party Defendant 7PTR90 2 7PTR�] 5,���,��0 11
Othier Claims 7PTR95 7PTR96 12
AUTHORIZATIOtJ
Article 4, Section 50-f of the General Pkaiicipal Law
"3. a. each officer charged with the duty of makin,y and ke�irg the record of claims shall make an arrxral report thereof� in su�anary, to the governing
board of such rtviicipal corporation of such authority or comanission and shall file a copy thereof in the office of the state comptroller within sixty days
aft�r the close of the fiscal year oi six:h mviicipal corporation or of such authority or carenission. A rmriicipal corporation, authority or coatnissiott
rec�uired by section thirty of the c�+neral nRnicipal law to file an arrwal report of its financial condition with the state comptroller shall file the
report required by s�section with such financial report."
NOTE: It is not nec.�ssary to furnish any additiona] informwtion or datai]s o� the above claims or notices of claims. If there were no notices of Tort
Claims filecl or disposed of, please state "NONE" and return this report with Aroxial Financial Report.
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SCHEDULF OF TIME DEPOSITS AND INVESTMENTS
MARKET VALUF
BOOK VALUE ICOSTI AT ElALANCE SHEET DATE COLLATERAL
LOCATION OF
EDP CODE AMOUNT EDP CODE AMOUrlT _ EDP CODE AMOUNT S��
-- ----- --• - - — -----•---- ----_.�.-- -- A B C
Casfi in Time Depos i t, 7P2991 S �92�23$ �
Irivestments 7P4501 7P4502 S 7P4503 S U U u
LEGEND �
Cash in Time Deposits - To include all interest beariny accounts, ie. , savinq�, r.rw+, �uper now, money market accounts, and certificates of d�osit.
Collaleral - Insurance (FDIC, e�cl and secr�rities.
A - Security in possessio� of local goverrrnental init. -
B - Security held by third party custodial barJc.
C - Sec�rity held by trading partner.
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` - � ` LOCAL GOVERMIENTAL UNIT QUESTIOrIJAIRE -
*Audit Covarage Survey*
1. Is an arrwal financial report prepared fior your goverrxncrntal unit?
EDP CODE RESPONSE
Enter 1 if yes, 7P1AFR 1
Enter 2 if na
Ifi the answer to question 1 is yes, please enter 1 if your report is pr�ared internally or 2 if your report is prepared by an independt�t audi4or.
7PIPREP 1
2. If your arxxial report is prepared by an irxkperident audiior please provic{e the following informatio�.
FOR STATE COMPTROLLER'S IJSE ONLY
INDEPENDENT
RERUIRED INFORt1ATIQN EDP CODE AUDITOR CODE
Name of Firm 7P21C0
Address of Firm
1�lame ofi Gontact '
TelepF��e Nunber
3. Are the financial transactions for your local government �.nit reported by arry m�nicipality in its errxral financial �eport?
If yes please specify namg of the mi.nicipality
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4. Please enter 1, 2, or 3 as a�propriaie ior {he basis of accoi.nting which most accura4ely describes the method of reporting fiinancial tronsaction�
for your unit. •
BASIS OF aCCOlR�7TING RESPOfdSE
--- ------ -- - ----- - - ------
Cash 1
Modifiet! Accrual 2
FV11 Accrual 3
EDPCODE RESPOI�E
7P4BA`_: 2
5. Will or have the official statemPnt� for _yc��ir unit tme�n :�u�ited b� an irxl��nd�nt aud:tor fpuFilic arcountant or certified p�lic acco�ntant for
tF�e fiscal year ended in 1Q89
EDPCODF RESPONSE
Enter 1 if v�s, 7P5AC0 1
Enter � if n_�
If the answer to questicxi 1 atwve is yes, p�Fase in�licate the ic�7lowinq intorma{ic„� for the principal auditor:
FOR �IATE COMPTROLLER'S L15E ONLY
INDFPFNDENT
_Description _ _ Rec�iirE+rl Information _ EDPCODF AUUITOR CODE
r�a� ot n«-�itirx� Fir,�,: E.F. Kaldor, P.C. ��2iac
Address of Auditing �irm:
st�t _162 Griffing_Avenue
c�t.• Riverhead
Staie _New_YOrk _,____�_
zi� code 11901
rlame of Contact Person Elaine Kaldor, C.P.A.
Tele�hone ►�xi�r �516� 727-7888
6. Ii a single audit is rec�uired for your viit, will the audit satisly the iinancial, internal control and cortq�liance rec2uirements of the Sinyle
Audit Act of 1984?
EDP CODE RESPOfdSE
Enter 1 if yPs, 7P6C01 ].
Enter 2 if no
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o� � � e '
• , y� a
Name of Unit: FISHERS ISLAND FERRY DISTRICT
' Please answer the following questians to assist the Office of the State Comptroller in piaming appropria4e training for local officials.
7. Please list the associations that your or your rmmicipal entity belorx� to which are relevant {o the duties you and/or other staff perform.
ASSOCIATION PHONE NUP�3ER ADDRESS
Association of Towns
8. Please list the conferences and training scF�ools atterx�ec! by you and/or by other staff for purposes of professional develo�xnent relevant to th
duties performed.
CONFERENCE OR SCHOOL PHONE NUhBER SPONSOR
9. If your local gaverttinent �ni� is rec#uired io report financial transactions to New York Sta�e of Federal Ager►cies please list the agencies below:
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4,� �{ �•
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Name of Unit: FISHERS ISLAND FERRY DISTRICT __
, This porticx� of the qi.eestionaire is used to �xJaie c�n mailina list ior your o�ganization. Would you please ccxrQlete this information �
instructed below. 1'our reply to this rec�st will ensure tha; al� mailinas arxJ ir�q�ir;es will be directad to the proper individial and address.
Ins trix:t�ons:
1. Please print or type all inforrrraticxi
�. 7nc1�� the name of the officials whose title�. are s�x�w�� ���-F:-�+:. �:w w,ll servE� ywr or!aanization. !f your orgar.ization cloes not use
the exact title sFxx�n>please 11YI1(`�IIP a c�mi la� f atl�
'. The a�dress listed should t�� thr, p!2rB wl.r•,-P {he irxJivich,a� wiclu-�S !u �ec��ivc �il official mail.
Snfor•mation Required Cnter Information Herc
Name ofi Indivick+al A 05 SCOtt LOl11S Harris
Chief Fiscal Officer Chief Fiscal Offiicer
Organization Fishers Island Ferry_ District
Office r�il�r,g_add�es� 53095 Main Road
Southold, NY 11971
city. state._zip code_ __ _
Tel�lwne No. 1 Area C«!e l � 516� 765-4333 _
Name of Ind�vidual a ls Scott Louis Harris
Chiei EX0CL1�IVp Officer Chief ExPc:utive Officer
o►�ganizatio�, _ Fishers Island Ferr�District
otficial Pteili.x�nddress • 53095 Main Road
c�ty, state, ZiP code Southold, NY 11971
TelepF�oew No. t Area tode I � 516 i 765-4333 _
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