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HomeMy WebLinkAbout2019_05_21 Town Board Meeting Packet 1 or 4 TOWN OF MAMARONECK TOWN BOARD AGENDA TUESDAY, MAY 21, 2019 5: PPM THE TOWN BOARD WILL CONVENE IN CONFERENCE ROOM D TO DISCUSS: kc.Review— 1st Quarter Financial Report '+ Discussion —Overview of Housing Trends—Westchester County 1•CReview— 2019 Capital Project Schedule/CDBG/EFC Green Infrastructure Grant 4. Proposed Reorganization - Engineering Department i Reusable Bag Law i.p,Update— Share the Road Program Review— 2018 Financial Audit 8. New Business 9( Request for Executive Session 8:00PM CALL TO ORDER —COURTROOM PRESENTATION BY O'CONNOR DAVIES— 2018 Financial Audit SUPERVISOR'S REPORT PUBLIC HEARING - Cancelled CITIZEN COMMENTS BOARD OF FIRE COMMISSIONERS Fire Claims Fire Department Business 9FFAIRS OF THE TOWN OF MAMARONECK Authorization — Renewal of Shared Services Agreement— City of New Rochelle Authorization —Grant in Aid Contract— NYSERDA 3�, Authorization —Transfer of Funds - Dedication Bench 4 Reset Public Hearing—Water District Bonds V5 Salary Authorization — Police Department Salary Authorization - Recreation Department 1-1A.Q.„, 2 �a )(L) N7. Consideration of Certiorari N REPORT OF MINUTES --- NOtJ p REPORTS OF THE COUNCIL TOWN CLERK'S REPORT NEXT REGULARLY SCHEDULED MEETINGS—June 5, 2019 &June 19, 2019 Any physically handicapped person needing special assistance in order to Attend the meeting should contact the Town Administrator's office at 381-7810. TOWN BOARD MEETING -WORKSESSION AGENDA TUESDAY, MAY 21, 2019 5:00PM -CONFERENCE ROOM D 1. Review— 1st Quarter Financial Report. (See attachment). 2. Discussion — Overview of Housing Trends—Westchester County. (No attachment). 3. Review 2019 Capital Project Schedule/CDBG/EFC Green Infrastructure Grant. (See attachment). 4. Proposed Reorganization - Engineering Department. (See attachment). 5. Reusable Bag Law. (No attachment). 6. Update—Share the Road Program. (See attachment). 7. Review— 2018 Financial Audit. (See attachment—Allan Kassay from O'Connor Davies will join our meeting to review the audit). 8. New Business. 9. Request for Executive Session. /s TOWN OF MAMARONECK 6-,c)--1 —19 o ,,90 Z _ F ¢ OFFICE OF TOWN COMPTROLLER � S _ •FOUNDED 11)5'' TO: SUPERVISOR AND TOWN BOARD MEMBERS FROM: STEVE ALTIERI —TOWN ADMINISTRATOR TRACY YOGMAN- TOWN COMPTROLLER RE: FISCAL YEAR 2019 BUDGET REPORT DATE: 5/21/2019 Below please find the Town's financial performance through April 30, 2019 as compared to the budget. This report will be submitted on a quarterly basis going forward. The purpose of this report is to ensure that the Town is consistently monitoring its revenues and expenditures so that it can proactively respond to unanticipated changes or emerging trends. In addition, this report will ensure transparency of the Town's finances. The Town is accountable to use its revenue efficiently and effectively to provide the highest quality of service to its residents and taxpayers. Overall, the 2019 projected results for the three major funds and most of the special district funds will exceed the budgets. Fund balances are strong for most funds and a plan to replenish those that do not meet the minimum goals has been outlined below. A brief overview of the projected FY 2019 revenues and expenditures for the three major funds has been provided below. General Fund Townwide: Revenues: The Town has collected 95% of County and Town taxes due as compared to 71% collected at the same time last year. This year for the first time, a reminder was posted on the website and reminder emails were sent to those who signed up on-line. Penalties collected are almost at the annual budget and are anticipated to exceed budget by year end. Recreational program revenue is anticipated to exceed budget while mortgage tax revenue is anticipated to fall short of budget based on prior year's actual receipts. As a result of improving interest rates and a strong economy, investment income is anticipated to be higher than budgeted. Street opening permit fee revenue is anticipated to exceed the budget as a result of on-going utility work. Total revenue for the General Fund for the year is expected to exceed the budgeted revenue by $258,000. Expenses: It is early in the fiscal year but based on current positions, there will be a savings in the payroll and benefit line. It is estimated that there will be a savings in various contractual lines. Debt service will need additional funding to meet annual costs. The 2019 budget anticipated the use of $1.5m from fund balance. Based on the current projection, $890k will be needed at a net savings of $642k overall. This estimate will be updated on a quarterly basis. GENERAL FUND 2019 Year-to-Date Projected Budget Budget 4/30/19 2019 Projected Variance REVENUE: Real Property Taxes $ 4,611,982 $ 4,611,963 $ 4,519,742 $ (92,240) Departmental Income 3,037,900 1,287,243 3,141,964 104,064 Mortgage Tax 1,350,000 - 1,240,000 (110,000) State Aid/Federal Aid 1,168,589 97,864 1,164,364 (4,225) Penalties 500,000 492,067 600,000 100,000 Use of Money/Property 360,000 165,936 505,000 145,000 Fines/Forfeitures 300,000 67,613 272,000 (28,000) Other 190,022 51,611 190,222 200 Street Opening Permits/Licenses 50,300 43,247 193,300 143,000 Total Revenue $ 11,568,793 $ 6,817,544 $ 11,826,592 $ 257,799 EXPENDITURES Personnel Services $ 5,054,787 $ 1,292,904 $ 4,858,222 196,565 Employee Benefits 2,397,450 571,096 $ 2,296,926 100,524 Contractual/Equipment 3,923,942 1,027,799 $ 3,823,942 100,000 Debt Service 1,076,813 256,794 $ 1,089,811 (12,998) Transfers Out 647,875 647,875 $ 647,875 - Total Expenditures $ 13,100,867 $ 3,796,468 $ 12,716,776 $ 384,091 Use of Fund Balance $ (1,532,074) $ 3,021,076 $ (890,184) $ 641,890 General Fund Part Town: Revenues: It is anticipated that revenues will exceed the budget based on historical and current revenue trends. The most significant increases include reimbursement for police special duty overtime that is included in the Other Revenue budget line. Historically this revenue has been netted against overtime expense. This adjustment has no net effect on the budget. Building permit revenue is trending higher than anticipated as a result of the strong economy and renovation projects that are being done by taxpayers. Expenses: Personnel and benefits savings have resulted from vacancies and rehire savings. This trend is most prevalent in the Police Department. You will note that the projected salaries will exceed the budget as the reimbursements for special duty overtime are no longer netted in the expense account but reported as Other Revenue. Contractual/Equipment savings is a result of various budget line item savings. PART TOWN FUND Projected Year-to-Date Budget 2019 Budget 4/30/19 2019 Projected Variance REVENUE: Real Property Taxes $ 9,859,314 $ 9,859,316 $ 9,849,316 $ (9,998) Sales Tax $ 1,800,000 $ - $ 1,900,000 $ 100,000 Departmental Income 196,800 38,996 200,400 3,600 Fines/Forfeitures 5,000 - 7,000 2,000 Other Revenue 5,200 51,724 395,200 390,000 Licenses/Permits 638,000 303,861 789,000 151,000 Interfund Transfers 117,070 117,070 - Total Revenue $ 12,621,384 $ 10,253,897 $ 13,257,986 $ 636,602 EXPENDITURES Personnel Services $ 5,864,288 $ 1,292,904 $ 5,915,788 (51,500) Employee Benefits 4,310,800 571,096 4,268,800 42,000 Contractual/Equipment 2,465,560 1,027,799 2,398,560 67,000 Debt Service 167,387 256,794 168,843 (1,456) Transfers Out 240,000 647,875 240,000 - Total Expenditures $ 13,048,035 $ 3,796,468 $ 12,991,991 $ 56,044 Use of Fund Balance $ (426,651) $ 6,457,429 $ 265,995 $ 692,646 Highway Fund: Revenues: Overall revenues are in line with the budget. Sale of equipment and insurance recovery revenue (Other Revenue) will exceed budget. A budget shortfall for interfund fuel/vehicle charges is offset by related contractual expense savings. CHIPS funding will exceed the budget that will provide additional funding for road repairs. Expenses: Personnel and benefit savings in the road maintenance budget are anticipated in the overtime and part time budget lines. Contractual and equipment are largely a result of conservative budgeting for fuel price fluctuations and vehicle repair expenses. Debt service is higher than budgeted based on the bonds that were issued at the end of 2018. HIGHWAY FUND Year-to-Date Projected 2019 Budget 4/30/19 2019 Projected Budget Variance REVENUE: Real Property Taxes $ 4,974,606 $ 4,974,606 $ 4,970,606 $ (4,000) Departmental Income 110,000 27,829 110,000 - State Aid (CHIPS) 85,000 102,000 17,000 Other Revenue 21,650 77,883 79,650 58,000 Interfund Revenues 360,250 68,302 295,250 (65,000) Total Revenue $ 5,551,506 $ 5,148,620 $ 5,557,506 $ 6,000 EXPENDITURES Personnel Services $ 1,883,063 $ 631,887 $ 1,860,708 22,355 Employee Benefits 1,565,900 538,792 1,539,765 26,135 Contractual/Equipment 1,283,840 399,238 1,236,840 47,000 Debt Service 760,323 258,401 778,323 (18,000) Transfers Out 90,500 90,500 90,500 - Total Expenditures $ 5,583,626 $ 1,918,818 $ 5,506,136 $ 77,490 Use of Fund Balance $ (32,120) $ 3,229,802 $ 51,370 $ 83,490 FUND BALANCES The Town's Fund Balance Policy provides for the fund balance in each district to be maintained at 15-25% of the subsequent year's budget appropriations to protect against cash flow shortfalls and to maintain a stable budget. The fund balances are reviewed on an annual basis and will be monitored quarterly based on projected results for the year to ensure compliance with the policy. Currently, the General Fund, Part Town Fund, Ambulance District and the Water Fund are projected to have fund balances above the 25% maximum balance per the policy. As a result, certain capital projects will be funded through the use of fund balance rather than the issuance of bonds saving taxpayer dollars. The Highway Fund, Streetlighting, Garbage Fund and Sewer Fund are projected to have fund balances below the 15% minimum targeted balance. These balances will be restored using a number of strategies over the next few years including cost containment, reimbursements and tax levy as needed. FUND BALANCES Fund 2019 Projected Balance% Unassigned Fund Unassigned of 2019 Balance @ 2019 Projected 2019 Projected Fund Balance @ Appropriati Fund Balance Fund 1/1/19 Revenue Expenses 12/31/19 ons Policy Compliance Fire District 602,873 3,933,473 3,947,528 588,818 15% Yes General Fund $ 6,308,131 $ 11,826,292 $ 12,716,776 5,417,647 43% Over max 25% Part Town 4,175,371 13,257,986 12,991,991 4,441,366 34% Over max 25% Ambulance District 366,422 1,668,112 1,565,612 468,922 29% Over max 25% Water Fund 1,675,842 934,248 465,788 2,144,302 472% Over max 25% Highway 664,414 5,557,506 5,506,136 715,784 13% No-Min 15% Street Lighting (15,976) 301,573 308,573 (22,976) -8% No-Min 15% Garbage District 130,047 2,210,716 2,202,089 138,674 6% No-Min 15% Sewer District 226,590 280,496 491,051 16,035 3% No-Min 15% Total Revenue $ 13,530,841 $ 36,036,929 $ 36,248,016 $ 13,319,754 5 L: -elVt) w1 s -14 5/21/2019 Sail` Changes in Land Uses • Large properties are being repurposed • Office parks—(Platinum Mile,Reader's Digest, Planning Trends in Somers IBM) Westchester Count —New housing y -New commercial uses(retail,fitness,medical) —School May 21,2019 • Golf courses Discussion with —Hampshire Country Club(Mamaroneck-houses) —Ridgeway Country Club(White Plains-school) Mamaroneck Town Board —Elmwood Country Club(Greenburgh-senior housing) —Brynwood Country Club(North Castle-golf condos) Changes in Land Uses Housing • Smaller properties are being repurposed • Assisted living facilities • Supermarkets become drug stores or gyms —wide range of proposed locations(office parks, • Office buildings become apartments or former golf courses,former quarries,institutional schools properties) • Apartment buildings • Self storage —Continue to be proposed in downtown areas near —Can take many forms in many locations transit facilitated by higher density rezonings —"Mixed use"self storage(Yonkers) —Some proposed for isolated areas Housing New Commercial Uses • Continued need for affordable housing • Vape shops —17"eligible"municipalities have adopted Model —Regulations limit locations in Somers,Bedford, Ordinance Provisions New Rochelle,New Castle,Scarsdale —Affordable units needed in senior and assisted • Marijuana Dispensaries living developments —Regulations limit locations for recreational • Units vs.Beds marijuana in New Castle,Pleasantville • • Accessory apartments E-sports —Should be permitted use in single family districts —New Rochelle and White Plains have regulations to permit E-sports —New model ordinance to come 1 5/21/2019 "Shared Economy" Infrastructure • Short term rental regulations(Air BNB)in • Sewer capacity continues to be a concern Irvington —New Rochelle Sewer District under DEC moratorium • Greater demand for ride-sharing(Uber, Lyft) —Inflow and Infiltration(I&I)critical for new sewer and car-sharing(Zipcar)have lowered parking connections requirements and impacted building design • Electric Vehicle(EV)charging stations • Bike-sharing now in White Plains,Yonkers and • Complete streets New Rochelle —Policy in place for County roads • Mechanical parking systems Solar Power Generation Other Issues • Solar power continues to expand in • Public safety radio tower upgrade project Westchester • Small cell antenna regulations are beginning • New regulations in Yorktown, Mount Kisco, to be considered—New Castle Ossining(Town), Hastings-on-Hudson,North —Has implications for 5G Salem,New Castle,White Plains • Sea level rise • Rooftop and parking lot solar arrays becoming • Census 2020 more common is 2 s i3 Town of Mamaroneck O 4"9 __ n Town Center 740 West Boston Post Road,Mamaroneck,NY 10543-3353 OFFICE OF THE TOWN ADMINISTRATOR TEL 914-381-7810 FAX 914-381-7809 saltieri@townofmamaroneckny.org www.townofmamaroneckny.org Memorandum To: Supervisor and Town Board Re: Review 2019 Capital Project Schedule/ Community Development Block Grant Proposal (CDBG) Date: May 17, 2019 At the last Town Board work session, an update was provided on the CDBG program and four potentially eligible projects for funding. Since the last meeting, I have spoken with the County Planning Department to obtain additional information on the eligibility of our project proposals. The County believes that the following projects would be the most competitive: * Fifth Avenue Streetscape • Renovations of Town Senior Center You may recall that we also discussed the potential of developing an affordable housing project by converting a building to a two-family home. The County is not sure that a housing project of this type would fit in the CDBG Program but is exploring for the Town alternative funding sources. Fifth Avenue Streetscape During my discussions with the County regarding the Fifth Avenue Streetscape project, I inquired as to whether the improvements proposed for the intersection of Madison Avenue and New Jefferson Street would also be eligible. I was advised that those portions of the project that improve pedestrian safety would be eligible for CDBG funding. This would include the traffic signal installation, cross walks and any other component of the project that improves pedestrian safety. The County has made the connection between the two projects since the streetscape project is in the low/mod zone and improves safety for those walking from Fifth Avenue to Madison Avenue. The 2019 Capital Project Schedule included the traffic signal and pedestrian safety improvements at the intersection of Madison Avenue and New Jefferson street but did not include the Fifth Avenue Streetscape. Since the County has made a connection between the two projects, I am suggesting that we amend the 2019 Capital Project Schedule to include the streetscape project. The total estimated cost for both projects is $2.3million. ii• Printed on Recycled Paper One of the components of the streetscape project will be to make improvements to the storm drain system to relieve flooding that occurs at the intersection of Fifth Avenue and Madison Avenue during heavy rain events. We have discovered that the New York State Environmental Facilities Corp. (EFC) has a grant program available for green infrastructure projects. If successful, a grant through this program would further defray the cost of the streetscape project. Both the County and the EFC have confirmed that our project can piggyback the CDBG and EFC grant programs for this project. The Town would look to complete this project in 2020. Renovations of the Town Senior Center The 2019 Capital Project Schedule includes $190,000 for upgrades to the Senior Center. Specifically, the upgrades include the construction of an outdoor deck ($30,000) and interior renovations, primarily to the main meal room ($160,000). These two projects will be funded by a grant from a trust fund and a transfer of funds from the Townwide surplus. We do know however, that additional work is necessary at the Senior Center. Renovations are needed to the art room, parking lot and portions of the exterior of the building. The proposal is to submit a second CDBG grant application for the senior center renovations for funding in 2021. At this time, we are working up an estimate for this project. The CDBG grant is due June 28 and the EFC grant July 27. For the CDBG grant a public hearing is required. The plan would be to set the hearing on June 5 and hold the hearing June 19. With the consent of the Town Board we would begin the process of preparing the grant applications. Stephen V. Altieri Town Administrator ‹, 4, js 4, O � h � { Y z Town of Mamaroneck c 1 m Town Center 7, 740 West Boston Post Road, Mamaroneck,NY 10543-3353 OFFICE OF THE TOWN ADMINISTRATOR TEL 914-381-7810 FAX 914-381-7809 saltieri@townofmamaroneckny.org www.townofmamaroneckny.org Memorandum To: Supervisor and Town Board Re: Reorganization of Town Engineers Office Date: May 16, 2019 I am proposing to the Town Board the addition of a full time junior engineer or engineering aide to the Town Engineer's office. When originally hired, the Town Engineer's primary responsibilities included the management of Town construction projects, other related capital projects and to serve as a staff liaison to the Planning Board. With our full plate of capital projects, that task alone requires a significant amount of time. The role of the Engineer however, has become broader. The Engineer assists the Highway Department in the field with the review and design of drainage and sanitary sewer repairs and improvements. The Engineer now prepares and administers the annual road resurfacing program. There are also other special projects that come up regularly which require an engineer. For instance, the Town Engineer prepared the design and construction drawings for the new outdoor deck that will be constructed at the Senior Center by the Town Highway Department. The Town Engineer also now oversees the issuance of all street opening permits. Considering all of these responsibilities, it would be appropriate to add a staff position to the office. The new person in this position would provide assistance for those duties that do not regularly require the expertise of the professional engineer and to conduct inspections and provide administrative support. There are sufficient funds in the 2019 Budget for this position as it is not our intention to fill the Highway Superintendent vacancy. The administration and operation of the Highway Department has been handled very effectively by the General Foreman with periodic assistance from the Town Engineer and my office. There is no formal action required by the Town Board at this time. However, with your consent the Town would begin a search for a junior engin--rr/engineering aide. / h ' Stephen V. Altieri Town Administrator i� Printed on Recycled Paper was - s_ - 2ot9 TOWN OF MAMARONECK SUSTAINABILITY COLLABORATIVE March 15, 2019 TO: The Town of Mamaroneck Board RE: ToM COLLABORATIVE urges adoption of a TOM RBI Law including 10-cent fee on paper bags Dear Town of Mamaroneck Board Members, Supervisor and Administrator: The Town of Mamaroneck Sustainability Collaborative,at our meeting on May 14, 2019, passed a resolution strongly urging the Town of Mamaroneck to immediately adopt a Re-usable Bag Initiative (RBI) Law which includes a 10-cent fee for paper bags. Experience has shown that plastic bag bans without fees on paper or other bags just don't work. Although New York State's plastic bag ban is a start, it will not deliver the results Mamaroneck needs. When Chicago and Honolulu tried New York State's approach —just a ban on plastic bags —they repealed their laws within months. Retailers responded by switching to heavier single-use plastic bags, and paper bag use skyrocketed. We've come too far to see Mamaroneck make the same mistake. An RBI Law including a 10-cent fee on paper bags will be fairer and more equitable for ALL ToM residents than the State's plastic-only law.The RBI Law we advocate will implement the general ban on plastic bags while including a fee on paper carryout bags which reimburses local shopkeepers for their costs to provide paper bags.This is a fair and reasonable approach, particularly since many of our local merchants are also local residents. The RBI law we advocate is already working locally, regionally, and nationwide. Nine NYS municipalities have already passed combination plastic bag ban-paper bag fee legislation.Two large and diverse cities in Connecticut–Stamford and Norwalk–have already done the same. National centers such as Boston, Chicago, Seattle and Washington DC have combination plastic bag ban-paper bag fee laws. And two states–California and Hawaii–are already ahead of NYS in state-wide plastic bag ban-paper bag fee laws. It is time for Mamaroneck to take its place in leading this effort. The law advocated by the ToM Collaborative is based on proven successes nationwide. In San Jose, reusable bag use increased from 4%to 62%after passage of a similar law! In New Castle in Westchester County, plastic bag use decreased by more than 80%,and reusable bag use increased. In Mamaroneck, imagine how much cleaner our streets,trees, parks,and waterways will be when we successfully cut our plastic bag use combined with a paper bag fee which will drive adoption of re-usable bags. Thank you, Mitch Green, Chairman Town of Mamaroneck Sustainability Collaborative 4 was - 6 � O S= \9 9 9o Town of Mamaroneck a Z0 19 Wm Town Center 740 West Boston Post Road,Mamaroneck,NY 10543-3353 OFFICE OF THE TOWN ADMINISTRATOR TEL 914-381-7810 FAX 914-381-7809 saltieri@townofmamaroneckny.org www.townofmamaroneckny.org Memorandum To: Supervisor and Town Board Town Traffic Committee Re: Share the Road Program Date: May 17, 2019 One of the initiatives of the Sustainability Collaborative has been developing a more inviting environment for residents to use bicycles. You may be aware the Village of Larchmont has installed bicycle lanes on Larchmont Avenue and several other streets. At this point, I wanted to update the Town Board on the latest iteration of a bike lane alternative. In the Town the discussion regarding bicycle lanes has focused on the following streets: • Palmer Avenue • Murray Avenue • North Chatsworth Avenue • Rockingstone Avenue • Forest Avenue • Rockland Avenue These streets were identified as primary roadways where the level of vehicular traffic warrants some form of marking or designation to invite more cyclists. Also the markings make motorists aware that they are to share the road with the cyclists. With respect to Palmer Avenue and Murray Avenue, the Town would need to work with the County of Westchester to obtain their approval for pavement markings. Rather than establish full bicycle lanes, some communities are using what are called share the road markings (sharrows) as an alternative. Attached is a marking that is used in Brookline, MA and in some other communities. The marking shows a sharrow with dotted lines on either side to create a sort of shared lane environment. In reviewing this alternative, it would not be our intention to paint these markings in the middle of the vehicle lane. Instead the markings would be closer to the curb line. The markings would be painted every 200 to 250 feet on the street. The Traffic Committee agenda has been amended 2r Monday, May 20 for their comments on the proposal. Stephen V. Altieri Town Administrator t4r) Printed on Recycled Paper Page 1 of 11 National Association of City (https://nactop0rtatb0h1 Officials (https:Ilnacto.orgl) Urban Bikeway Design Guide GUIDE NAVIGATION (https://nacto.org/publication/urban-bikeway- design-guide/) PURCHASE GUIDE(HTTP://ISLANDPRESS.ORG/BOOK/URBAN-BIKEWAY-DESIGN-GUIDE-SECOND-EDITION) t Shared Lane Markings https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 2 of 11 • .' i. agerna 11116 t A Brookline,MA Shared Lane Markings-Brookline,MA (https://nacto.org/wp-content/uploads/gallery/2012_sharedlanemarkings/brookline.jpg) Description Shared Lane Markings (SLMs), or "sharrows," are road markings used to indicate a shared lane environment for bicycles and automobiles.Among other benefits shared lane markings reinforce the legitimacy of bicycle traffic on the street, recommend proper bicyclist positioning, and may be configured to offer directional and wayfinding guidance. The shared lane marking is a pavement marking with a variety of uses to support a complete bikeway network; it is not a facility type and should not be considered a substitute for bike lanes, cycle tracks, or other separation treatments where these types of facilities are otherwise warranted or space permits. The MUTCD outlines guidance for shared lane markings in section 9C.07. Click on the images below to view 3D concepts of shared lane markings. The configurations shown are based on Portland, OR,and San Francisco, CA,examples. https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 3 of 11 ,` Nt . . , . :1 IF le r . %%1es. II !� fr. juS AO.a r rit of "Y L:- 1 •_. I F 1 1 ^ s:/ (https://nacto.org/wp{https://nacto.org/wp{https://nacto.org/wpjh t /nacto.or /wp- content/uploads/gallec 6ilphra_ftO1 .Jp gt', s��g M W6iharedl lane_urban_3d.jpg) lane_urban_street.jpg) Treatment details can be accessed below under design guidance. Shared Lane Marking Benefits • Encourages bicyclists to position themselves safely in lanes too narrow for a motor vehicle and a bicycle to comfortably travel side by side within the same traffic lane. Read More+ • Alerts motor vehicle drivers to the potential presence of bicyclists. • Alerts road users of the lateral position bicyclists are expected to occupy within the travel lane. • Indicates a proper path for bicyclists through difficult or potentially hazardous situations, such as railroad tracks. • Advertises the presence of bikeway routes to all users. • Provides a wayfinding element along bike routes. • Demonstrated to increase the distance between bicyclists and parked cars, keeping bicyclists out of the "door zone." Read More+ • Encourages safe passing by motorists. Read More+ • Requires no additional street space. • Reduces the incidence of sidewalk riding. Read More+ https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 4 of 11 • Reduces the incidence of wrong-way bicycling. Read More+ Typical Applications Shared lane markings should not be considered a substitute for bike lanes,cycle tracks, or other separation treatments where these types of facilities are otherwise warranted or space permits. Shared lane markings can be used as a standard element in the development of bicycle boulevards to identify streets as bikeways and to provide wayfinding (https://nacto.org/cities-for-cycling/design-guide/integrated-bikeway- signing-marking/bike-route-way-finding-signage-and-markings-system/) along the route. Desirable shared lane marking applications: • To indicate a shared lane situation where the speed differential between bicyclist and motorist travel speeds is very low, such as: �� ` - - 0 n -...-- - bicycle . On . o On •• downhill ; ! streets 3415 seg.ments, Si - .''� where preferably the boulevards or similar low paired traffic volume, traffic calmed, with an uphill bike lane. If signals are timed for a shared streets with a space permits, consider a bicycling travel speed of designed speed of< 25 wide downhill bike lane. 12 to 15 miles per hour. mph. • As a reasonable alternative to a bike lane (https://nacto.org/treatments/bike- lanes/conventional-bike-lanes/) in limited circumstances: WMWhere i " . street r „ width can - - • l"': P,,,,J, Along � # i only 9' front-in . ..y .-. i ,rli angled accommodate a bicycleparking, Within single or multi- • • ,r;• lane in one direction. On lane roundabouts. P ' where a hills, lanes should be bike lane is undesirable. provided in the uphill Read More+ direction. https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 5 of 11 • To strengthen connections in a bikeway network: 1-0!„, To fill a To transition To gap in an r ,' bicyclists �' h.ikaotherwise across traffic lanes or from continuous bike path or conventional direct bicyclists bike lane, generally for a bike lanes or cycle tracks to along circuitous short distance. a shared lane environment. routes. • To clarify bicyclist movement and positioning in challenging environments: To designate P To designate , IIIFINF4 movement :, t /\ it, movement •4 v a n d and . 3°'` positioning of To assist I I positioning of bicycles bicyclists bicyclists in through intersections through a combined bike taking the lane (../treatments/intersection- lane/turn lane in the presence treatments/intersection- (••/treatments/intersection- of a double turn treatments/combined-bike- lanes. Double crossing-markings/). laneturn-lane/). turn lanes are undesirable for bicyclists. IIIn the street alongside separated bikeway facilities such as cycle tracks (../treatments/cycle-tracks/), to permit continued use of the street by bicyclists who prefer to ride in the street. • Generally, not appropriate on streets that have a speed limit above 35 mph. Read More+ https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 6 of 11 Design Guidance Design Guidance =: ". �� t' A 11111 • tni O:_ ......,.... • 1■11■1��t = , ', •..a...... r.i r.1 r\z = 1 ®x==== ° (https://nacto.org/wp- content/uploads/gallery/2012_guidance_images/2012guidance_sharedlanemarkings.jpg) • Required • Recommended • Optional Required Features y,..[4,/wt.*, The Shared Lane Marking in use within the United States is - the bike-and-chevron "sharrow," illustrated in MUTCD figure 9C-9. hkgiok ` Shared Lane Markings shall not be used on shoulders, in designated bicycle lanes, or to designate bicycle detection at signalized intersections. (MUTCD 9C.07 03) r AVM Maintenance • Frequent, visible placement of markings is essential. • Lateral placement is critical to encourage riders to avoid the "door zone." • The shared lane marking may be placed in the center of the lane between wheel treads to minimize wear. https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 7 of 11 Treatment Adoption and Professional Consensus • Used by at least 76 jurisdictions in 26 States as of 2009, including most NACTO member cities. Adapted from the Urban Bikeway Design Guide,published by Island Press. References Urban Bikeway Design • Shared Lane • Keyword Guide Markings Select city, or le C- SEARCH AGAIN References for Shared Lane Markings:22 found. Toole Design Group. "Baltimore Bicycle Facility Design Toolkit." Department of Transportation &Department of Planning,City of Baltimore, Baltimore,MD. (https://nacto.org/wp- content/uploads/2011/03/Baltimore-Bicycle-Facilities-Toolkit.pdf) Fehr& Peers."Bicycle Facilities Design Manual Guidelines for the City of Redmond." Transportation Planning Department,City of Redmond, Redmond,WA. (https://nacto.org/wp- content/uploads/2012/07/Redmond-BikeFacilitiesDesignManual.pdf) Parks,Jamie, Paul Ryus,Alison Tanaka,Chris Monsere, Nathan McNeil,Jennifer Dill,&William Schultheiss. "Bicycle Facility Evaluation:Washington, DC." District Department of Transportation, District of Columbia,Washington,DC. (https://nacto.org/wp- content/uploads/2015/04/bicycle_facility_evaluation_ddot.pdf) Church, Eddie. "Street Smarts Task Force Bicycle Facilities Toolbox."Street Smarts Task Force, City of Austin,Austin,TX.(https://nacto.org/wp-content/uploads/2011/03/Austin-Street-Smarts- Task-Force-Bicycle-Facilities-Toolbox-2007.pdf) RFM Transportation Consultants. "City of Memphis Bicycle Design Manual:Technical Memorandum on Current City Practices, Peer Cities& Best Practices." Engineering Division,City of Memphis,Memphis,TN.(https://nacto.org/wp-content/uploads/2011/03/City-of-Memphis-Bicycle- Desig n-Manual-2008.pdf) https://nacto.org/publication/urban-bikeway-design-guide/bikewav-sidling-marking/share_.. 501/7019 Page 8 of 11 City of Toronto. "City of Toronto Cycling Study Tracking Report(1999 and 2009)." City of Toronto,City of Toronto,Toronto,ON.(https://nacto.org/wp-content/uploads/2010/08/City-of- Toronto-Cycling-Study-Tracking-Report-1999-and-2009.pdf) Moore, Brian,Olson,Jeff,& Buckland,Lauren. "Columbus Bicentennial Bikeways Plan." Division of Infrastructure Management,City of Columbus,Columbus,OH.(https://nacto.org/wp- content/uploads/2012/07/ColumbusBMPFinalApri12008.pdf) Brady,John,Jeff Loskorn,Alison Mills,Jen Duthie,&Randy Machemehl . "Effects of Shared Lane Markings on Bicyclist and Motorist Behavior along Multi-Lane Facilities."The Center for Transportation Research,University of Texas-Austin,Austin,TX.(https://nacto.org/wp- content/uploads/2011/02/Effects-of-Shared-Lane-Markings-on-Bicyclist-and-Motorist-Behavior- along-Multi-Lane-Facilities.pdf) Hunter,William W,Libby Thomas,Raghavan Srinivasan,& Carol A Martell. "Evaluation of Shared Lane Markings." Highway Safety Research Center,University of North Carolina,Federal Highway Administration, McLean,VA.(https://nacto.org/wp-content/uploads/2011/01/Evaluation-of-Shared- Lane-Markings.pdf) Pein,Wayne,William WHunter,&J Richard Stewart."Evaluation of the Shared-Use Arrow." Pedestrian/Bicycle Safety Section,Florida Department of Transportation,Tallahassee,FL. (https://nacto.org/wp-content/uploads/2011/01/Evaluation-of-the-Shared-Use-Arrow.pdf) Federal Highway Administration. "Manual on Uniform Traffic Control Devices." Federal Highway Administration,U.S. Department of Transportation,Washington,DC.(https://nacto.org/wp- content/uploads/2012/06/mutcd2009edition.pdf) Los Angeles Department of City Planning. "2010 Bicycle Plan Technical Design Handbook." Department of City Planning,City of Los Angeles,Los Angeles,CA.(https://nacto.org/wp- content/u ploads/2012/05/LA-CITY-BICYCLE-PLAN-TDH.pdf) Gresham,Smith and Partners,QK4,&Environment Design Collaborative."Louisville Metro Complete Streets Manual,Chapter 4: Facility Design." Bike Louisville, Louisville Metro Planning Commission,Louisville, KY. (https://nacto.org/wp-content/uploads/2011/03/Louisville-Complete- Streets-Manual-Facility-Design.pdf) Furth,Peter G, Daniel M Dulaski, Dan Bergenthal,&Shannon Brown. "More Than Sharrows- Lane-Within-A-Lane Bicycle Priority Treatments in Three US Cities."2011 Transportation Research Board Annual Meeting conference paper,Transportation Research Board,Washington,DC. (https://nacto.org/wp-content/uploads/2010/08/More-Than-Sharrows-Lane-Within-A-Lane-Bicycle- Priority-Treatments-in-Three-US-Cities.pdf) RPM Transportation Consultants, LLC. "Nashville-Davidson County Strategic Plan for Sidewalks and Bikeways." Department of Public Works,Metropolitan Government of Nashville and Davidson County, Nashville,TN.(https://nacto.org/wp-content/uploads/2012/07/Nashville-Davidson-County- Strategic-Plan-for-Sidewalks-and-Bikeways.html) https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 9 of 11 Feuer,Wendy,Michael Flynn, Ed Janoff, Margaret Newman, Bruce Schaller,&Andy Wiley -Schwartz."Street Design Manual." Department of Transportation,City of New York, New York, NY. (https://nacto.org/wp-content/uploads/2012/06/sdm_lores.pdf) Aladjem, David, Mike Barnbaum,Carol Borden,Mary Brill,Lea Brooks,Margaret Buss,Tim Cahill, et al."Best Practices for Bicycle Master Planning and Design."Sacramento Transportation&Air Quality Collaborative,Sacramento Transportation Authority,Sacramento,CA.(https://nacto.org/wp- content/uploads/2011/03/Sacramento-Best-Practices-for-Bicycle-Master-Planning-and-Design- 2005.pdf) Alta Planning + Design. "San Diego Regional Bicycle Plan,Appendix B-Bicycle Design Guidelines/Best Practices Manual."Transportation Committee,San Diego Association of Governments,San Diego,CA.(https://nacto.org/wp-content/uploads/2011/03/San-Diego-Bicycle- Design-Guidelines.pdf) Birk,Mia,Arif Khan,Ian Moore,& Daniel Lerch. "San Francisco's Shared Lane Pavement Markings: Improving Bicycle Safety." Department of Parking &Traffic, City&County of San Francisco,San Francisco,CA.(https://nacto.org/wp-content/uploads/2010/08/San-Franciscos- Shared-Lane-Pavement-Markings-Improving-Bicycle-Safety.pdf) Lagerwey, Peter,Jennifer Toole, Robert Schneider,William Schultheiss,& Phil Miller. "Seattle Bicycle Master Plan." Department of Transportation,City of Seattle,Seattle,WA. (https://nacto.org/wp-content/uploads/2012/06/BikeMasterPlanCOMPLETE.pdf) Miller, Rock. "Second Street Sharrows and Green Lane-Progress Report:October 2010." Department of Public Works,City of Long Beach, Long Beach,CA.(https://nacto.org/wp- content/uploads/2010/08/Second-Street-Sharrows-a nd-Green-Lane-in-the-City-of-Long-Beach.pdf) Sallaberry,Mike. "Shared Lane Markings:When and Where to Use Them."San Francisco Municipal Transportation Agency, Pro Walk/Pro Bike,Seattle,WA.(https://nacto.org/wp- content/uploads/2010/08/Shared-Lane-Markings-When-and-Where-to-Use-Them.pdf) About NACTO https://nacto.org/publication/urban-bikeway-design-guide/bikeway-signing-marking/share... 5/21/2019 Page 10 of 11 (https://nacto.org/about/) Training and Workshops (https://nacto.org/training-and-workshops/) Designing Cities 2018: Los Angeles (https://nacto.org/conference/designing-cities-2018-10s-angeles/) Urban Street Design Guide https://nacto.org/publication/urban-bikeway-dQsign-guide/bikeway-signing-marking/share... 5/21/2019 Page 11 of 11 (https://nacto.org/publication/urban-street-design-guide/) Stay Up To Date About NACTO (https://nacto.org/abot. 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Communication from O'Connor Davies outlining the required communications and control deficiencies found in the audit. 2. The response from the Comptroller and I to the items identified by the auditors. 3. The statement of cash receipts, disbursements, and cash balances for the Town Justice Court. 4. The audit regarding our compliance with respect to financial assistance provided by the New York State Department of Transportation. 5. The complete volume of the financial statements and supplementary information for the fiscal year ended 2018. Alan Kassay from O'Connor Davies will be at the Town Board worksession to review the documents with the Board and to also make a presentation at the general business meeting. If the documents are acceptable, the Board would be asked to accept and approve the 2018 audit. Stephen V. Altieri Town Administrator Town of Mamaroneck, New York Report tothe T own Board December 31 2018 Alan Kassa , Y Partner r I KNOW May 21 , 2019 GREATER ,.... VALUE W. Wa evpKr OrCONNOR DAVIES ACCOUNTANTS AND ADVISORS , . , . up Agenda Audit Results — PKF O'Connor Davies Opinion on Financial Statements Emphasis of Matter — Cumulative Effect of Change in Accounting Principle • General Fund — Fund Balance Retrospective • General Fund - Budget to Actual Summary • General Fund — Summary • TOV Fund — Budget to Actual Summary • TOV Fund — Fund Balance • Highway Fund — Budget to Actual Summary • Highway Fund — Fund Balance • Summary — Closing Points PIT OrCONNOR DAVIES ACCOUNTANTS AND ADVISORS i ' op , .: Audit Results We have completed our audit of the 2018 financial statements of Town of Mamaroneck, New York in accordance with auditing standards generally accepted in the United States of America. The objective of our audit was to obtain reasonable assurance about whether these financial statements are free of material misstatement. As part of the scope of our work, we reviewed management's accounting estimates and the accounting treatment afforded to all significant accounting matters. Audit Scope Our audit approach was directed at the evaluation of all significant aspects of the Town's operations to reduce audit risks to an acceptable level. Our primary focus was not on individual transactions and balances but on the financial statements we are opining on taken as a whole. We are satisfied that the scope of our audit was sufficient to enable us to express our opinion on these financial statements. We have issued an unmodified (or clean) opinion relating to the Town of Mamaroneck, New York as of December 31 , 2018 and for the year then ended. CPIT O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS General Fund Fund Balance Retrospective Town of Mamaroneck Fund Balance Retrospective General Fund Increase (Decrease) 2018 vs 2017 2018 2017 2016 2015 Nonspendable Prepaid expenditures $ (107,127) $ 232,605 $ 339,732 $ 213,450 $ 206,496 Restricted: Future Capital Projects - 125,000 125,000 125,000 - Assigned: Purchases on order (8,721) 19,199 27,920 33,954 24,177 subsequent year's expenditures 188,275 t 1,125,000 * 936,725 * 854,022 * 565,000 * 179,554 1,144,199 964,645 887,976 589,177 Unassigned (1,622,347) 6,308,132 ** 7,930,479 ** 7,065,612 6,829,420 Total Fund Balances $ (1,549,920) $ 7,809,936 $ 9,359,856 $ 8,292,038 $ 7,625,093 * From Unassigned Fund Balance, Increased by $560,000 over 3 years. ** Represents 49.73% of 2019 Appropriations, 65.56% of 2018 Appropriations, respectively r+V PKF O'CONNOR 4 DAVIES ACCOUNTANTS AND ADVISORS s` el • .._ General Fund Budget to Actual Summary Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) Total Revenues $ 10,997,495 $ 10,997,495 $ 10,878,671 $ (118,824) Total Expenditures 10,844,431 10,917,278 10,818,008 99,270 Excess of Revenues Over Expenditures 153,064 80,217 60,663 (19,554) Total Other Financing Sources (Uses) (1,117,709) (1,650,787) (1,610,583) 40,204 Net Change in Fund Balance (964,645) (1,570,570) (1,549,920) 20,650 Fund Balance Beginning of Year 964,645 1,570,570 9,359,856 7,789,286 End of Year $ - - $ - $ 7,809,936 $ 7,809,936 GPO" t7CONNOR DAVIES, ACCOUNTANTS AND ADVISORS . r e General Fund — Summary General Fund Revenues Variance with Budget Final Budget Original Final Actual (Negative) Real property taxes $ 3,971,080 $ 3,971,080 $ 3,890,068 $ (81,012) 1 Other Tax Items 607,000 607,000 559,548 (47,452) 2 Departmental income 3,606,000 3,606,000 3,771,843 165,843 3 State aid 2,063,725 2,063,725 1,829,363 (234,362) 4 Other financing sources (uses) 162,000 190,148 215,038 24,890 5 $ 10,409,805 $ 10,437,953 $ 10,265,860 $ (172,093) These 5 categories accounts for 93% of the Revenues Budget 1 - Real property taxes - very agggressive collection efforts in 2017, negative variance due to allowance calculation. 2 - Interest and penalties on real property taxes - down from the prior year, better collections in 2018. 3 - Departmental income - recreations and pool charges, overall up $113,000. 4 -State aid - mostly mortgage tax, down $145,000 5 - Other financing sources (uses) - Sale of 2 properties, $1.3 million in 2017. PKP O'CONNOR c3 DAVIES ACCOUNTANTS AND ADVISORS ip GREATER VALUE > . e,'y General Fund - Summary Budget Final Budget Original Final Actual (Negative) General government support $ 4,259,764 $ 4,287,963 $ 4,405,442 $ (117,479) 1 Economic Opportunity and Development 551,600 561,600 496,867 64,733 2 Culture and recreation 2,721,347 2,743,233 2,635,809 107,424 Employee benefits 2,258,300 2,258,300 2,292,204 (33,904) 3 Transfers out 1,279,709 1,840,935 1,825,621 15,314 $ 11,070,720 $ 11,692,031 $ 11,655,943 $ 36,088 These 3 categories account for 91% of the Expenditure Budget. 1 - Down from prior year, negative variance from Judgements and Claims ($58,512) and Personnel ($51,468) 2 - Programs for the aging 3 - Negative variance from State Retirement ($21,109), Social Security (&14,000) CPKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS IIGREATER - VALUE _ TOV Fund- Budget to Actual Summary Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) Total Revenues $ 12,311,360 $ 12,311,360 $ 12,891,457 $ 580,097 1 Total Expenditures 12,434,634 12,434,634 12,073,491 361,143 2 Excess of Revenues Over Expenditures (123,274) (123,274) 817,966 941,240 Total Other Financing Sources (Uses) (234,667) (390,615) (399,438) (8,823) Net Change in Fund Balance (357,941) (513,889) 418,528 932,417 Fund Balance Beginning of Year 357,941 513,889 4,611,799 4,097,910 End of Year $ - $ - $ 5,030,327 $ 5,030,327 1 - Licenses and permits - accounts for 61% of total positive varince. 2 - Employee benefits - accounts for 54% of total positive variance. �.J 0 PKF O'CONNOR 8 DAVIES ACCOUNTANTS AND Af1VISO4c KNOW GREATER VALUE FundTOV - Balance ,..,,,, Increase (Decrease) 2018 vs 2017 2018 2017 2016 2015 Nonspendable Prepaid expenditures $ (226,490) $ 428,302 $ 654,792 $ 388,973 $ 206,496 Assigned: Purchases on order 18,710 26,651 7,941 25,809 24,177 subsequent year's expenditures 50,000 400,000 * 350,000 * 288,990 * 565,000 68,710 426,651 357,941 314,799 589,177 Assigned - Major Funds 576,308 4,175,374 ** 3,599,066 3,460,157 6,829,420 Total Fund Balances $ 418,528 $ 5,030,327 $ 4,611,799 $ 4,163,929 $ 7,625,093 * From Assigned - Major Funds (Unassigned) Fund Balance ** Assigned (Unassigned) Fund Balance, represents approximately 32% of 2019 appropriations (IVPKF ‘`•J O'CONNOR DAVIESpV15oR5 GREATER VALUE • y -w Hi ha Fund Budget to Actual g Summary Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) Total Revenues $ 5,568,169 $ 5,568,169 $ 5,537,645 $ (30,524) 1 Total Expenditures 4,694,414 4,696,774 4,658,577 38,197 2 Excess of Revenues Over Expenditures 873,755 871,395 879,068 7,673 Total Other Financing Sources (Uses) (978,420) (1,155,418) (1,093,241) 62,177 3 Net Change in Fund Balance (104,665) (284,023) (214,173) 69,850 Fund Balance Beginning of Year 104,665 284,023 1,049,148 765,125 End of Year $ - $ - $ 834,975 $ 834,975 1 - Intergovernmental charges -Vehicle fuel/maintenance, ($97,091) State aid - CHIPs program, $33,826 2 -Transportation - $30,517, Employee Benefits - $7,680 3 - Transfers out- ($1,237,763), Transfers in and Insurance Recoveries - $144,522. - - k • � PKF OtONNOR 10 DAVIES ACCOUNTANTS AND ADVISORS IIKNOW GREATER VALUE HighwayFund - Fund Balance Increase (Decrease) 2017 vs 2016 2018 2017 Nonspendable Prepaid expenditures $ (334,566) $ 138,441 $ 473,007 Assigned: Purchases on order (7,545) 32,120 39,665 subsequent year's expenditures (65,000) - 65,000 (72,545) 32,120 104,665 Assigned - Major Funds 192,938 664,414 * 471,476 Total Fund Balances $ (214,173) $ 834,975 $ 1,049,148 * Assigned (Unassigned) Fund Balance, increased by $193,000, mostly due to decrease in prepaid expenditures ($334,566), Encumbrances ($72,545), overall fund balance decreased by ($214,173). Represents approximately 12% of 2019 appropriations. %E' PKF O'CONNOR 11 DAVIES ACCOUNTANTS AND ADVISORS 71w Summary - ClosingPoints UNMODIFIED OPINON DID NOT IDENTIFY DEFICIENCIES IN INTERNAL CONTROL DEEMED TO BE MATERIAL WEAKNESSES Property Tax Collections are strong due to continuing collection efforts. New GASB Pronouncements: GASB Statement No. 75 OPEB Implemented in 2018 Emphasis of Matter-Cumulative Effect of Change in Accounting Principle - ($54,458,738) GASB Statement No. 84 - Fiduciary Activities 2019 GASB Statement No. 87 - Leases 2020 PK OrCFONNOR DAVIES ACCOUNTANTS AND ADVISORS 11, KNOW GREATER Contact Informatior VALUE 665 Fifth Avenue 500 Mamaroneck Avenue New York, NY 10022 Harrison, NY 10528 T: 212.286.2600 T: 914.381.8900 www.pkfod.com 20 Commerce Drive 300 Tice Boulevard Suite 301 Suite 315 Alan Kassay, Partner Cranford, NJ 07016 Woodcliff Lake, NJ 07677 akassa kfod.com T: 908.272.6200 T: 201.712.9800 y@p 293 Eisenhower Pkwy 3001 Summer Street Suite 170 5th Floor East Livingston, NJ 07039 Stamford, CT 06905 T: 973.535.2880 T: 203.323.2400 32 Fostertown Rd 100 Great Meadow Road Newburgh, NY 12550 Wethersfield, CT 06109 T: 845.565.5400 T: 860.257.1870 2 Bethesda Metro Center 40 Westminster Street Suite 420 Suite 600 " Bethesda, MD 20814 Providence, RI 02903 T: 301.652.3464 T: 401.621.6200 ��►PKF C CONNOR 13 DAVIES ACCOUNTANTS AND ADVISORS v.1/ - 7 ( PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Town of Mamaroneck, New York Report to Those Charged with Governance December 31 , 2018 April 26, 2019 Prepared by Alan Kassay, CPA Partner KNOW akassav@pkfod.com GREATER VALUE Y"[4 .1 is no PKF OrCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 April 26, 2019 The Honorable Supervisor and Members of the Town Board Town of Mamaroneck, New York 740 West Boston Post Road Mamaroneck, New York 10543 We have audited the financial statements of Town of Mamaroneck, New York as of and for the year ended December 31, 2018 and have issued our report thereon dated April 26, 2019. Professional standards require us to communicate with you regarding audit matters that are, in our professional judgment, significant and relevant to those charged with governance ("TCWG") in overseeing the financial reporting process. This communication is intended to provide you with these required communications as well as other findings and information regarding our audit. We are pleased to be of service to you and the Town of Mamaroneck, New York and appreciate the opportunity to present our audit findings to you. We are also pleased to discuss other matters which may be of interest to you and to answer any questions you may have. This information is intended solely for the information and use of TCWG and management of the Town of Mamaroneck, New York and is not intended to be and should not be used by anyone other than these specified parties. Very truly yours, Pe-d2'C� rnn bavz is LLP PKF O'Connor Davies, LLP 2 PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Contents Status of the Audit 4 Required Communications and Other Matters 5 Internal Control Over Financial Reporting 10 On the Horizon 14 Appendices 1 - Corrected and Uncorrected Misstatements 2 — Management Representation Letter 3 —About PKF O'Connor Davies, LLP 3 PKF aCONNOF DAVIES ACCOUNTANTS AND ADVISOR. ESTABLISHED IN 1891 Status of the Audit Audit of Financial Statements • Audit fieldwork is complete. • The financial statements have been drafted and reviewed by management. • We have issued an unmodified report on the financial statements. L PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Required Communications and Other Matters Required Item Comments Auditor's responsibility We have communicated such information in our engagement letter to under professional you dated January 22, 2018. Generally, these responsibilities standards and planned include: scope and timing of the audit • Forming and expressing an opinion on the financial statements. • Obtaining reasonable assurance that the financial statements are free of material misstatements, whether caused by error or fraud. • Accumulating and communicating uncorrected misstatements to Those Charged with Governance ("TCWG"). • Maintaining professional skepticism. • Communicating audit related matters that are, in our professional judgment, significant to TCWG. Supplementary information Our responsibility for the supplementary information accompanying accompanying the financial i the financial statements is to evaluate the presentation of the statements supplementary information in relation to the financial statements as a whole and to report on whether the supplementary information is fairly stated, in all material respects, in relation to the financial statements as a whole. With respect to such supplementary information, we made certain inquiries of members of management and evaluated the form, content and methods of preparing the information to determine that the information complies with US GAAP, the method of preparing it has not changed from the prior period and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. 5 PO" aCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Other information in Our responsibility as auditors for other information in documents documents containing containing the audited financial statements does not extend beyond audited financial statements the financial information identified in thedaudit repor tanrt, and such we renot tnot required to perform any procedures information is properly stated. Our responsibilities under In connection with our audit u iitowens ofpews regul med a tssof the ctntians ty's the Yellow Book compliance with certain pro grants. However, the objective of our tests was not to provide an opinion on compliance with such provisions. Our responsibilities it In accordance with Uniform Guidance, we examined, on a test basis, under Uniform Guidance evidence ntsdescrribedEntity's in the"U S Office of Management and Budget (Federal Single Audit) requirements to each (OMB) Uniform Guidance Compliance Supplement" applicable of its major federal programs for the purpose of expressing an opinion on the Entity's compliance with those requirements. While our audit ! 1 provided a reasonable basis for our opinion, it does not provide a legal determination on the Entity's compliance with those requirements. Responsibilities of Management's responsibilities include: management and TCWG • The fair presentation of the financial statements, including the selection of appropriate accounting policies. • Establishing and maintaining effective internal control. • Complying with laws, regulations, grants and contracts. • Providing the auditors with all financial records and related information and a signed representation letter. TCWG are responsible for communicating with the auditors and overseeing the financial reporting process. Both management and TCWG are responsible for: • Setting the proper tone at the top. • Designing and implementing policies and controls to prevent and detect fraud. 6 PKF C - O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1591 Required Item Comments Qualitative aspects of The significant accounting policies are described in Note 1 to the accounting practices - financial statements. There have been no initial selections of Accounting Policies accounting policies and no changes in significant accounting policies or their application during the reporting period that had a significant impact on the financial statements. The accounting policies of the Entity conform to U.S. generally accepted accounting principles as applicable to state and local governments. The Entity's reports are based on all applicable GASB pronouncements. Qualitative aspects of No matters have come to our attention that would require us to inform accounting practices — you about the methods used to account for significant unusual Significant Unusual transactions. Transactions Qualitative aspects of Accounting estimates made by management are an integral part of the accounting practices - financial statements and are based on management's knowledge and Accounting Estimates and experience about past and current events and assumptions about Management's Judgment future events. Actual results could differ from those estimates. { Certain accounting estimates are particularly sensitive because of their significance to financial statements and their susceptibility to change. The most sensitive estimates affecting the financial statements are: • Actuarial assumptions related to the Other Post Employment Benefit Obligations ("OPEB") • Actuarial assumptions and proportionate share calculations related to pension obligations • Asset lives for depreciable capital assets • Estimates of certain receivable balances and allowances for uncollectible amounts • Estimates for certain operating and long-term liabilities Management believes that the estimates used and assumptions made are adequate based on the information currently available. We evaluated the key factors and assumptions used to develop the estimates in determining that they are reasonable in relation to the financial statements as a whole. 7 PKF OCCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Required Item Comments I Qualitative aspects of Certain financial statement disclosures involve significant judgment accounting practices - and are particularly sensitive because of their significance to financial Financial Statement statement users. The most sensitive disclosure affecting the financial Disclosures statements are: • Other post employment benefit obligations payable • Pension plan information • Outstanding bonded indebtedness • Fund balances The financial statement disclosures are consistent and clear. Difficulties encountered in We encountered no significant difficulties in dealing with management performing the audit j relating to the performance of our audit. Corrected and uncorrected ( Professional standards require us to accumulate all known and likely misstatements misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of I I management. Management has corrected all such misstatements. J i In addition, corrected misstatements that were brought to the attention of management as a result of our audit procedures are also included in Appendix 1. Disagreements with For purposes of this communication, a disagreement with management management is a matter, whether or not resolved to our satisfaction, concerning financial accounting, reporting, or auditing, which could be significant to the financial statements or the auditors' report. No such disagreements arose during the course of the audit. Management We have requested certain representations from management that are representations included in the management representation letter (see Appendix 2). Management's In some cases, management may decide to consult with other consultations with other accountants about auditing and accounting matters. Management accountants informed us that, and to our knowledge, there were no such consultations with other accountants. 8 PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Required Item Comments { Auditor independence We affirm that PKF O'Connor Davies, LLP is independent with respect to the Entity in accordance with relevant professional standards. Significant issues discussed + We generally discuss with management a variety of matters, including with management prior to r the application of accounting principles and auditing standards, retention business conditions affecting the Entity and business plans and strategies that may affect the risks of material misstatement. None of the matters discussed and our responses thereto were a condition to our retention as auditors. 9 PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered Town of Mamaroneck, New York(the "Entity") internal control over financial reporting ("internal control") as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Entity's internal control. Accordingly, we express no such opinion. Professional standards require that we communicate to you, in writing, all significant deficiencies and/or material weaknesses in internal control that we identify in performing our audit. For this purpose, deficiencies in internal control are categorized as follows: • A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. • A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected, on a timely basis. • A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph and was not designed to identify all deficiencies in internal control that might be deficiencies, significant deficiencies, or material weaknesses and, therefore, there can be no assurance that all such deficiencies have been identified. We did not identify any deficiencies in internal control that we consider to be material weaknesses, as defined above. However, we share for your consideration on the following pages other observations about the internal control and operations. This communication is intended solely for the information and use of management and others charged with governance and is not intended to be and should not be used by anyone other than these specified parties. We will be pleased to discuss these communications and comments in further detail at your convenience, or to assist you in implementing the recommendations. PI F"d)Vrfthurz. PKF O'Connor Davies, LLP Harrison, New York April 26, 2019 10 PKF CYCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 7897 Town of Mamaroneck, New York Control Deficiencies • Capital Projects Fund Over-expended and projects with fund deficits We noted that four projects, (Fire Building Improvements $42,298, Kenilworth Tank $24,504, Water Infrastructure 18 Paving $91,731, and Rye Lake UV Facility $8,732) have fund deficits for a total of $(167,265) and five projects have expenditures that exceeded their authorized budgets for a total of $875,238, Water Capital Improvement $407,398, Parking Lot Town Center $203,659, Computer Software $39,329, Computer Hardware $33,310 and Fire Building Improvements $167,038. Recommendation We recommend that Management review the status of these projects and determine a resolution to fund these projects to eliminate the deficits. • Special Purpose Fund Inactive Accounts Our audit of the trust accounts indicated that the following trust accounts, Greenway Maintenance Trust ($7,000), the TOM Hommacks Marsh Trust ($971), the 350th Anniversary Fund ($10,108), the Beautification Trust ($2,343), the C.E.R.T Trust ($650), and the Bunny Hop/5k Run ($1,250) had no activity in the current year, with the exception of the accumulation of interest. Recommendation We recommend that the trust accounts be analyzed to verify their intended purposes and to _ determine any future uses of these funds. If deemed appropriate, the Town Board should authorize these funds to be transferred to the appropriate operating funds. • Agency Fund Old Deposits The Agency Fund is provided to account for assets held by the Town in a custodial capacity, as agent for individuals, private organizations, other governmental units and/or other Town funds. Our audit disclosed that there are three deposit accounts with the Town, which have deposits, which are greater than one year old. The amounts on deposit, which are greater than one year old, are as follows: 11 PKF OrCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Town of Mamaroneck, New York Control Deficiencies • Agency Fund (Continued) Old Deposits (Continued) 2018 2017 Erosion Control Deposits $ 242,678 $ 238,177 Tree Maintenance Bond 11,377 26,265 Street Opening Deposits 18,000 15,600 Recommendation We recommend that the Town analyze the balances in these accounts so that a determination may be made as to the proper disposition of the funds. If it is determined that the amounts are no longer due to depositors, they should be transferred to the appropriate operating fund. • Cash While auditing Cash, it was noted that the General Fund account #0019, the Fire District Fund account#2435, the Sewer District Fund account#7184, the Payroll Account#0964 and the Agency Fund account#4535, all have outstanding checks greater than one year. Recommendation We recommend that these cash accounts be reviewed for the outstanding checks noted. • Segregation of Duties Payroll and Salary Modification Access The individual responsible for processing payroll also has access to add, delete and modify employee information as well as salary information. In addition, it was noted that management has access to a "Payroll Audit Report," which identifies any changes made during the pay period within the system relating to employee information and salary. Recommendation There are limitations on obtaining adequate segregation of duties due to the minimal size of the staff. The most efficient/effective method to ensure there are proper controls would be to have the Payroll Audit Report reviewed by a member of management not directly involved in the payroll process. The report should be maintained and the review should be documented within the report. In addition, the Town is currently in the process of implementing a new payroll system, "LOGICS", and is training additional staff in the payroll processes, which will correct the above control deficiencies. 12 no PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Town of Mamaroneck, New York Control Deficiencies • Housing of Urban Development Single Audit Failed Inspections Testing During our inquiry with the client,we were informed that the initial period when McCright&Associates ("Contractor") started performing inspections on behalf of the Town, there were failed inspections in which deficiencies were not completed timely. Recommendation We noted that the amount of inspections not completed timely in relation to the population as a whole was deemed insignificant. The Town has corrected this deficiency between McCright &Associates. The Town should continue to maintain clear lines of communication with this company going forward. • Joint Venture The Town and the Village of Larchmont participate in the Larchmont-Mamaroneck Joint Garbage Disposal Commission ("Commission"). Due to this relationship, it is required that an audited summary of the financial information for the Commission be presented in the notes to the financial statements for both the Town and the Village. However, for the year ended December 31, 2018, this information was not available for inclusion in the Town's financial statements. Recommendation We recommend that the audited financial statement information be prepared timely so that the information be available to be included in the both the Town's and Village's financial statements. 13 PKF OrCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 11191 On the Horizon GASB Statement No. 84 —Fiduciary Activities In January 2017, GASB issued Statement No. 84 "Fiduciary Activities". The objective of this Statement is to improve guidance regarding the identification of fiduciary activities for accounting and financial reporting purposes and how those activities should be reported. Previously issued guidance lacked the necessary clarity to determine when a government had fiduciary responsibility for a certain activity. This lack of clarity has resulted in a divergence in practice among financial statement preparers and auditors. GASB Statement No. 84 establishes criteria for identifying fiduciary activities. The focus of the criteria is on (a) whether a government controls the assets of the fiduciary activity and (b) the beneficiaries with whom a fiduciary relationship exists. A government is considered in control of the assets if the government holds the assets or has the ability to direct the use of the assets in a manner that provides benefits to the specified or intended recipients. The assets also cannot be derived from the government's own source revenues (or from government-mandated or voluntary non-exchange transactions)and must also have one or more of the following characteristics related to whom the assets will benefit: 1) Be administered through a trust 2) The government itself is not the beneficiary 3) Dedicated to providing benefits in accordance with the benefit terms 4) Legally protected from the government's creditors for the benefit of individuals and the government has no administrative or direct financial involvement with the asset 5) For the benefit of individuals and government has no administrative or direct financial involvement with the assets An activity meeting the above criteria should be reported in the basic financial statements in one of the following four fiduciary funds, as applicable: 1) Pension (and other employee benefit) trust funds 2) Investment trust funds 3) Private-purpose trust funds 4) Custodial funds Custodial funds should report fiduciary activities that are not reported in one of the first three fiduciary funds noted above. The use of Agency funds has been eliminated with this Statement and replaced with custodial funds. Governments with activities meeting the above criteria will present a Statement of Fiduciary Net Position (i.e., assets, deferred outflows of resources, liabilities, deferred inflows of resources and fiduciary net position) and a Statement of Changes in Fiduciary Net Position (i.e., additions and deductions) for each fiduciary fund type. Previous guidance for agency funds only required the presentation of assets and liabilities, whereas the custodial funds require the same elements as the other fiduciary funds, including net position. The provisions of this Statement are effective for fiscal years beginning after December 15, 2018 (i.e., the Town's financial statements for the year ended December 31, 2019) with earlier application encouraged. 14 no PO" O`CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 GASB Statement No. 87 -Leases Potentially pervasive changes are coming to lease accounting. Under the provisions of GASB Statement No. 87, nearly every lease will be considered a capital lease. While local governments and school districts would most likely be lessees in these kinds of transactions, some might also be involved in transactions where they are the lessor of these assets. Under this standard, lessees will now be required to recognize in their entity-wide Statement of Net Position a lease liability and an intangible right-to-use lease asset when the lease begins. The intangible asset will be similar to other capital assets by requiring amortization over the life of the lease term, similar to depreciation of tangible capital assets. Also similar to other capital assets, leases will need to be assessed for impairment. Lessors will do the opposite. Lessors will recognize a lease receivable and a deferred inflow of resources at the start of a lease. The receivable will be reduced and revenue recognized as lease payments are received each year. The lessor will continue to report the capital asset on its own Statement of Net Position. Governments should review this standard early to anticipate what changes might need to be made to policies, accounting procedures, laws and regulations. The provisions of this Statement are effective for fiscal years beginning after December 15, 2019 (i.e., the Town's financial statements for the year ended December 31, 2020)with earlier application encouraged. Changes to Government Auditing Standards The U.S. Government Accountability Office has proposed changes to the Government Auditing Standards. These changes will be the first changes since 2011 and are designed to ensure the standards continue to meet the needs of the federal, state and local government communities and the public these bodies serve. The following significant new audit requirement was added to the 2017 exposure draft (proposed new standards): As part of an audit under Government Auditing Standards, if auditors become aware of waste or abuse that could be quantitatively or qualitatively material to the financial statements, auditors should perform additional audit procedures to ascertain the potential effect on the financial statements. Included in the application guidance are these definitions: Waste is the act of using or expending resources carelessly, extravagantly, or to no purpose. Waste involves the taxpayers not receiving reasonable value for money in connection with any government- funded activities because of an inappropriate act or omission by parties with control over or access to government resources. Importantly, waste can include activities that do not include abuse and does not necessarily involve a violation of law. Rather, waste relates primarily to mismanagement, inappropriate actions, and inadequate oversight. 15 PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Abuse is behavior that is deficient or improper when compared with behavior that a prudent person would consider reasonable and necessary business practice given the facts and circumstances, but excludes fraud and noncompliance with provisions of laws, regulations, contracts, and grant agreements. Abuse also includes misuse of authority or position for personal financial interests or those of an immediate or close family member or business associate. Because the determination of abuse is subjective, auditors are not required to perform procedures to detect abuse in financial audits. Auditors may discover that abuse is indicative of fraud or noncompliance with provisions of laws, regulations, contracts, and grant agreements. The 2018 revision of Government Auditing Standards is effective for financial audits for periods ending on or after June 30, 2020. Early implementation is not permitted. 16 oPxr OrCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1091 Appendix 1 Corrected Misstatements Material Adjusting Journal Entries Account Description Debit Credit Capital Fund To record transfer of$27,293 related to project 2017-04 Roads sidewalks and grants to highway fund,Tony to verify transfer out account number related to project. This was revenue received in 2017. H.9900.9940 TRANSFER TO HIGHWAY FUND 27,293 H.0000.0630 DUE TO OTHER FUNDS.. 27,293 Highway To record transfer in from Capital fund project 2017-04 DB.0000.0391 DUE FROM OTHER FUNDS.. 27,293 DB.0000.5040 TRANSFERS FROM CAPITAL.. 27,293 To adjust the designation for subsequent years according to the 2018 Adopted Budget DB.0000.0909 FUND BALANCE UNRESERVED.. 24,400 DB.0000.0910 FUND BAL-DESIGNATED 24,400 Fire Protection District To book P&L activity for the Service Award Plan,except the actual contribution expenditure and revenue SF.0000.0450 SERVICE AWARD INVESTMENT 5,600 SF.9000.9086 SERVICE AWARDS-VOL.. 30,250 SF.0000.2401 INTEREST EARNINGS.. 35,850 To remove Pension Trust Activity SF.0000.0450 SERVICE AWARD INVESTMENT 65,753 SF.0000.9086 SERVICE AWARDS-VOL.. 65,753 To adjust Reserve for Service Awards SF.0000.0909 FUND BALANCE UNRESERVED.. 69,353 SF.0000.0851 RESERVE FOR SERVICE AWARDS 69,353 Debt Service To adjust the subsequent yeards reserve to agree with 2019 Budget V.0000.0909 FUND BALANCE UNRESERVED.. 911,703 V.0000.0914 ASSIGNED APPROP.FUND BALANCE 911,703 17 PO" Nusi aCONNOR DAVIES ACCOUNTANTS AND ADVISORS ESTABLISHED IN 1891 Appendix 2 Management Representation Letter 18 c, ,9, TOWN OF MAMARONECK ° `; z TOWN CENTER rn '' 2 740 West Boston Post Road, Mamaroneck,NY 10543-3353 'FOUNDED 7661' OFFICE OF THE COMPTROLLER Tel:914-381-7850 Fax:914-381-2110 towncomptrol Ier(c�townofmamaroneckny.org April 26, 2019 PKF O'Connor Davies, LLP 500 Mamaroneck Avenue Suite 301 Harrison, New York 10528 This representation letter is provided in connection with your audit of the financial statement of the Town of Mamaroneck New York, which comprise the respective financial position of the governmental activities, each major fund, and the aggregate remaining fund information as of December 31, 2018, and the respective changes in financial position and, where applicable, cash flows for the year then ended, and the related notes to the financial statements, for the purpose of expressing opinions as to whether the financial statements are presented fairly, in all material respects, in accordance with accounting principles generally 'accepted in the United States of America (U.S. GAAP). Certain representations in this letter are described as being limited to matters that are material. Items are considered material, regardless of size, if they involve an omission or misstatement of accounting information that, in light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would be changed or influenced by the omission or misstatement. An omission or misstatement that is monetarily small in amount could be considered material as a result of qualitative factors. We confirm, to the best of our knowledge and belief, (having made such inquiries as we considered necessary for the purpose of appropriately informing ourselves) as of the date of this letter, the following;!representations made to you during your audit. Our Responsibilities 1) We acknowledge that we have fulfilled our responsibilities for: a) The preparation and fair presentation of the financial statements in accordance with US GAAP and include all properly classified funds and other financial information of the primary government and all component units required by generally accepted accounting principles to be included in the financial reporting entity. b) The design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error; and c) The design, implementation, and maintenance of internal control to prevent and detect fraud. 2) We understand that the term "fraud" refers to intentional acts by one or more individuals among management, those charged with governance, employees, or third parties, involving the use of deception that results in a misstatement in financial statements. Two types of intentional misstatements are relevant to your audit—misstatements resulting from fraudulent financial reporting and misstatements resulting from misappropriation of assets. Fraudulent financial reporting involves intentional misstatements, including omissions of amounts or disclosures in financial statements to deceive financial statement users. Misappropriation of assets involves the theft of an entity's assets. 3) We are further responsible for reviewing, accepting and processing the standard, adjusting, or correcting journal entries that you proposed during the course of your engagement. We confirm that we designated a suitably qualified individual who understands the nature and impact of the proposed entries to the financial statements, and we accept responsibility for the proposed entries that we authorized and processed. 4) We acknowledge our responsibility for presenting the combining and individual fund financial statements and schedules and the schedule of expenditures of federal awards in accordance with US GAAP, and we believe the combining and individual fund financial statements and schedules and the schedule of expenditures of federal awards, including its form and content, is fairly presented in accordance with US GAAP. The methods of measurement and presentation of the combining and individual fund financial statements and schedules and the schedule of expenditures of federal awards have not changed from those used in the prior period, and we have disclosed to you any significant assumptions or interpretations underlying the measurement and presentation of the supplementary information. Financial Statements 5) The financial statements referred to above are fairly presented in conformity with US GAAP and include all disclosures necessary for such fair presentation. In that connection, we specifically confirm that: a) The Town's accounting policies, and the practices and methods followed in applying them, are appropriate and are as disclosed in the financial statements. b) There have been no changes during the period audited in the Town's accounting policies and practices. c) All material transactions have been recorded in the accounting records and are reflected in the financial statements. 6) Significant assumptions we used in making accounting estimates, including those measu fed at fair value, are reasonable. 7) The following, where they exist, have been appropriately disclosed to you and accounted for and/or disclosed in the financial statements in accordance with the requirements of US GAAP: a) The identity of all related parties and related party relationships and transactions including revenues, expenditures/expenses, loans, transfers, leasing arrangements, and guarantees and amounts receivable from or payable to related parties. b) Guarantees, whether written or oral, under which the Town is contingently liable, if a4 c) The effects of all known actual, possible, pending or threatened litigation, claims, and assessments. d) The identity of the Town's related parties and all the related party relationships and transactions of which we are aware. 8) We have evaluated events subsequent to the date of the financial statements through the date of this letter, and no such events have occurred which would require adjustment or disclosure in the financial statements. No events, including instances of noncompliance, have occurred subsequent to the balance sheet date and through the date of this letter that would require adjustment to or disclosure in the aforementioned financial statements. 9) We are in agreement with the adjusting journal entries you have proposed, and they have been posted to the Town's accounts. Information Provided 10)We have provided you with: a) Access to all information, of which we are aware, that is relevant to the preparation and fair presentation of the financial statements, such as records, documentation, and other matters. b) Communications from regulatory agencies concerning noncompliance with, or deficiencies in, financial reporting practices, if applicable. c) Additional information that you have requested from us for the purpose of the audit. d) Unrestricted access to persons within the Town from whom you determined it necessary to obtain audit evidence. e) Completeness and availability of all minutes of the meetings of the Town Board or summaries of actions of recent meetings for which minutes have not yet been prepared. 11)We have disclosed to you the results of our assessment of the risk that the financial statements may be materially misstated as a result of fraud. 12)There are no deficiencies in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the Town's ability to initiate, authorize, record, process, and report financial data reliably in accordance with US GMP. 13)We have no knowledge of any fraud or suspected fraud that affects the entity and involves: a) Management, b) Employees who have significant roles in internal control, or c) Others where the fraud could have a material effect on the financial statements. 14)We have no knowledge of any allegations of fraud or suspected fraud affecting the Town's financial statements communicated by employees, former employees, regulators, or others. 15)We have no knowledge of instances of noncompliance or suspected noncompliance with provisions of laws, regulations, contracts, or grant agreements, or abuse, whose effects should be considerediwhen preparing financial statements. Government—specific 16)We have identified to you any previous audits, attestation engagements, and other studies related to the audit objectives and whether related recommendations have been implemented. 17)The Town has no plans or intentions that may materially affect the carrying value or classification of assets, liabilities, or equity. 18)We are responsible for compliance with the laws, regulations, and provisions of contracts and grant agreements applicable to us, including tax or debt limits and debt contracts, and legal and contractual provisions for reporting specific activities in separate funds. 19)We have identified and disclosed to you all instances that have occurred or are likely to have occurred, of fraud and noncompliance with provisions of laws and regulations that we believe have a material effect on the financial statements or other financial data significant to the audit objectives, and any other instances that warrant the attention of those charged with governance. 20)We have identified and disclosed to you all instances, which have occurred or are likely to have occurred, of noncompliance with provisions of contracts and grant agreements that we believe havea material effect on the determination of financial statement amounts or other financial data significant to theaudit objectives. 21)We have identified and disclosed to you all instances that have occurred or are likely to have occurred, of abuse that could be quantitatively or qualitatively material to the financial statements or other financial data significant to the audit objectives. 22)There are no violations or possible violations of budget ordinances, laws and regulations (including those pertaining to adopting, approving, and amending budgets), provisions of contracts and grant agreements, tax or debt limits, and any related debt covenants whose effects should be considered for disclosure in the financial statements, or as a basis for recording a loss contingency, or for reporting on noncompliance. i 23)As part of your audit, you assisted with preparation of the financial statements and related notes and schedule of expenditures of federal awards. We acknowledge our responsibility as it relates to those nonaudit services, including that we assume all management responsibilities; oversee the services by designating an individual, preferably with senior management, who possesses suitable skill:, knowledge, or experience; evaluate the adequacy and results of the services performed; and accept responsibility for the results of the services. We have reviewed, approved, and accepted responsibility for lthose financial statements and related notes and schedule of expenditures of federal awards. We also understand that as part of your audit, you prepared various adjusting journal entries, both on the fund and entity-wide level, and acknowledge that we have reviewed and approved those entries and accepted responsibility for them. 24)The Town has satisfactory title to all owned assets, and there are no liens or encumbrances on such assets nor has any asset been pledged as collateral. 25)The Town has complied with all aspects of contractual agreements that would have a material effect on the financial statements in the event of noncompliance. 26)We have followed all applicable laws and regulations in adopting, approving, and amending budgets. 27)The financial statements include all component units as well as joint ventures with an equity interest, and properly disclose all other joint ventures and other related organizations. 28)The financial statements properly classify all funds and activities in accordance with GASB Statement No. 34. 29)All funds that meet the quantitative criteria in GASB Statement Nos. 34 and 37 for presentation as major are identified and presented as such and all other funds that are presented as major are particularly important to financial statement users. 30) Components of net position (net investment in capital assets; restricted; and unrestricted) and classifications of fund balance (nonspendable, restricted, committed, assigned, and unassigned) are properly classified and, if applicable, approved. 31) Investments and land are properly valued. 32) Receivables recorded in the financial statements represent valid claims against debtors for transactions arising on or before the balance sheet date and have been reduced to their estimated net realizable value. 33) Provisions for uncollectible receivables have been properly identified and recorded. 34)Expenses have been appropriately classified in or allocated to functions and programs in the statement of activities, and allocations have been made on a reasonable basis. 35)We agree with the findings of specialists in evaluating the other postemployment benefit obligation and have adequately considered the qualifications of the specialists in determining the amounts and disclosures used in the financial statements and underlying accounting records. We did not give or cause any instructions to be given to the specialists with respect to the values or amounts derived in an attempt to bias their work, and we are not otherwise aware of any matters that have had an impact on the independence or objectivity of the specialists. 36)We believe that the actuarial assumptions and methods used to measure pension and OPEB liabilities and costs for financial accounting purposes are appropriate in the circumstances. 37) Revenues are appropriately classified in the statement of activities within program revenues, general revenues, contributions to term or permanent endowments, or contributions to permanent fund principal. 38) Interfund, internal, and intra-entity activity and balances have been appropriately classified and reported. 39)Deposits and investment securities are properly classified as to risk and are properly disclosed. 40)Capital assets, including infrastructure and intangible assets, are properly capitalized, reported, and, if applicable, depreciated. 41)Capital assets have been evaluated for impairment as a result of significant and unexpected decline in service utility. Impairment loss and insurance recoveries have been properly recorded. 42)We have appropriately disclosed the Town's policy regarding whether to first apply restricted or unrestricted resources when an expense is incurred for purposes for which both restricted and unrestricted net position is available and have determined that net position is properly recognized under the policy. 43)We are following our established accounting policy regarding which resources (that is, restricted, committed, assigned, or unassigned) are considered to be spent first for expenditures for which more than one resource classification is available. That policy determines the fund balance classifications for financial reporting purposes. 44)We acknowledge our responsibility for the required supplementary information (RSI). The RSI is measured and presented within prescribed guidelines and the methods of measurement and presentation have not changed from those used in the prior period. We have disclosed to you any significant assumptions and interpretations underlying the measurement and presentation of the RSI. 45)We have disclosed all tax abatement agreements, the total gross amount of taxes abated during the period, the specific taxes being abated, and whether any commitments other than to reduce taxes were made as part of any tax abatement agreement as required by GASB statement No. 77. 46)With respect to federal award: a) We are responsible for understanding and complying with and have complied with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards ("Uniform Guidance"), includin requirements relating to preparation of the schedule of expenditures of federal awards. b) We acknowledge our responsibility for presenting the schedule of expenditures of federal awards (SEFA) in accordance with the requirements of the Uniform Guidance, and we believe the SEFA, including its form and content, is fairly presented in accordance with the Uniform Guidance. The methods of measurement or presentation of the SEFA have not changed from those used in the prior period and we have disclosed to you any significant assumptions and interpretations iunderlying 'the measurement or presentation of the SEFA. c) We have identified and disclosed to you all of our government programs and related activities subject to the Uniform Guidance. d) We are responsible for understanding and complying with, and have complied with, the requirements of laws, regulations, and the provisions of contracts and grant agreements related to each of our federal programs and have identified and disclosed to you the requirements of laws, regulations, and the provisions of contracts and grant agreements that are considered to have a direct andjmaterial effect on each major program. e) We are responsible for establishing and maintaining, and have established and maintained, effective internal control over compliance requirements applicable to federal programs that provides reasonable assurance that we are managing our federal awards in compliance with laws, regulations, and the provisions of contracts and grant agreements that could have a material effect on our federal programs. We believe the internal control system is adequate and is functioning as intended. . f) We have made available to you all contracts and grant agreements (including amendments, if any) and any other correspondence with federal agencies or pass-through entities relevant to federal programs and related activities. g) We have received no requests from a federal agency to audit one or more specific programs as a major program. h) We have complied with the direct and material compliance requirements (except for p oncompliance disclosed to you), including when applicable, those set forth in the Compliance Supplement, relating to federal awards and have identified and disclosed to you all amounts questioned and all known noncompliance with the requirements of federal awards. i) We have disclosed any communications from grantors and pass-through entities concerning possible noncompliance with the direct and material compliance requirements, including communications received from the end of the period covered by the compliance audit to the date of the auditor's report. j) We have disclosed to you the findings received and related corrective actions taken for previous audits, attestation engagements, and internal or external monitoring that directly relate to the objectives of the compliance audit, including findings received and corrective actions taken from the end of the period covered by the compliance audit to the date of the auditor's report. k) Amounts claimed or used for matching were determined in accordance with relevant guidelines in the Uniform Guidance. I) We have disclosed to you our interpretation of compliance requirements that may have varying interpretations. m) We have made available to you all documentation related to compliance with the direct material compliance requirements, including information related to federal program financial reports and claims for advances and reimbursements. n) We have disclosed to you the nature of any subsequent events that provide additional evidence about conditions that existed at the end of the reporting period affecting noncompliance during the reporting period. o) There are no such known instances of noncompliance with direct and material compliance requirements that occurred subsequent to the period covered by the auditor's report. p) No changes have been made in internal control over compliance or other factors that might significantly affect internal control, including any corrective action we have taken regarding significant deficiencies or material weaknesses in internal control over compliance, subsequent to the date as of which compliance was audited. q) Federal program financial reports and claims for advances and reimbursements are supported by the books and records from which the financial statements have been prepared. r) The copies of federal program financial reports provided you are true copies of the reports submitted, or electronically transmitted, to the respective federal agency or pass-through entity, as applicable. s) We have charged costs to federal awards in accordance with applicable cost principles: t) We are responsible for and have accurately prepared the summary schedule of prior audit findings to include all findings required to be included by the Uniform and we have provided you with all information on the status of the follow-up on prior audit findings by federal awarding agencies and pass-through entities, including all management decisions. u) We are responsible for and have accurately prepared the auditee section of the Data Collection Form as required by the Uniform Guidance. v) We are responsible for preparing and implementing a corrective action plan for each audit finding. Signature. /V n Signature: Title: Comptroller Title: Town Administrator (YPKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS FIRM OVERVIEW Founded in 1891,PKF O'Connor Davies has evolved from an accounting firm to a corps of high-caliber professionals that Industry Recognition delivers to a global and growing client base a complete range of audit,tax and advisory services as well as insights and expertise at the highest level.As our business has grown,our • Ranked 29 of"2019's Top 100 Firms" commitment to active value creation has allowed us to connect —Accounting Today, 2019 our clients to sound business advice,key players and resources across diverse industries. ■ Ranked 7 of the"Top Firms in the An Acknowledged Global Leader Mid-Atlantic" —Accounting Today,2019 Not only are we one of the nation's most rapidly growing accounting and advisory firms,we are also the lead North American firm in the • Ranked 11 of"New Jersey's Top growing PKF global network of independent accounting and advisory firms.This enables us to provide clients with preferred access to top- Accounting Firms" tier experts and firms in over 400 locations,in 150 countries around —N181Z, 2018 the world.It also establishes us as the primary referral point for international businesses with needs in North America,an advantage for • "Tax Advice Award" our domestic clients seeking connections outside the U.S. —Family Wealth Report Awards,2018 Active Partner Involvement ■ "Best Multi-Family Office—Client Dedicated Engagement Teams Service -Over$2 Billion" We have built strong relationships with our clients by being —Private Asset Management Awards,2018 proactive,thorough and efficient.Firm partners are involved in the day-to-day management of engagements,ensuring o "Best Private Client Audit Firm" a high degree of client service and cost effectiveness.Multi- —Private Asset Management Awards,2017 disciplinary teams ensure solutions are customized to address specific needs and integrated for greater efficiency. • "Best Places to Work in New Jersey" A Higher Standard: Beyond Passive Value -NJBIZ,2018 Calculation to Active Value Creation Our focus on value has driven our growth,propelling PKF O'Connor • Ranked 19 of the 50"Best Accounting Davies to the Top 29 on Accounting Todays 2019'Top 100 Firms"list Employers to Work for in North America" and gaining us acclaim as one of the country's fastest-growing firms. —Vault, 2019 With unmatched client focus,we unlock genuine value hidden at key connection points in every engagement within regional,national and international arenas.Through these connections,our team of specialists continually drives efficiencies,uncovers opportunities and manages risk—delivering value where others can't. KNOW GREATER VALUErm 20 Agility, Responsiveness and Recognition Since our founding,PKF O'Connor Davies has maintained its commitment to gaining a deep understanding of each client's operations and financial history in order to help meet their every challenge and objective.We fulfill this mission by providing resources that match those of larger firms in scope-but with the agility only a mid-sized firm such as ours can demonstrate...and yet,we still rank among them.Our services include: Accounting and Advisory Services Assurance Services •Bankruptcy&Restructuring •Accounting Outsourcing •Cybersecurity Advisory Services • Agreed-Upon Procedures(AUPs) • Dark Web Monitoring Services • Audits,Reviews and Compilations • Digital Forensic Services •Elite Accounting Services • Forensic,Litigation and Valuation Services • Employee Benefit Plans • Matrimonial Services •International Financial Reporting • Management Advisory Services Standards(IFRS) • Risk Advisory Services • IT Audit&Cybersecurity Reviews • Specialty Industry Advisory Services • Public Company Accounting Oversight -Business Solutions Board(PCAOB) -Employee Benefit Plan Services •Public Sector Audits&Compliance -Healthcare Advisory Services International Services -Hospitality Advisory Services •China Desk -Medical and Dental Advisory Services •General Data Protection Regulation(GDPR) -Public Sector Advisory Services ■German Desk •Transaction&Financial Advisory Services ■Transfer Pricing •Wealth Services Tax Compliance and Family Office Services Planning Services ■Accounting&Reporting •Employee Benefit Planning&Tax Compliance •Advisory • International Tax Services ■Charitable Giving • IRS Representation&Tax Controversies •Investment Monitoring&Oversight ■ Personal Financial Planning •Lifestyle Support • Private Foundation Services • Personal Financial Management • State and Local Tax(SALT) •Tax Planning •Tax Compliance&Reporting •Wealth Planning ■Tax Research and Strategic Planning •Tax-Exempt Organizations •Trust and Estate Planning We offer an exceptional breadth of advisory services PKF across diverse industries and sectors. GCCONNOR DAVIES ACCOUNTANTS AND ADVISORS Bethesda,MDI Crantord, NJ I Harrison,NY Livingston, N.l I New York,NY I Newburgh, NY(Fosteto.vn Road 111111 &254 Route 17KI I Providence,RI Stamford,CT I Wethersfield,CT I Woodcliff Lake,NJ www.pkfod.com 21 tf 9• Town of Mamaroneck L' "' Town Center " 740 West Boston Post Road,Mamaroneck,NY 10543-3353 • FOONOEO 1661- Office of the Comptroller TEL:914/381-7850 FAX:914/381-7809 towncomptroller@townofmamaroneck.org May 21, 2019 PKF O'Connor Davies Mr. Alan Kassay 500 Mamaroneck Ave, Suite 301 Harrison,NY 10528 Re: 2018 Management Letter Response Dear Mr. Kassay: The Town of Mamaroneck 2018 Audit conducted by PKF O'Connor Davies, LLP was completed in April 2019 and the findings presented to the Town Board in its meeting of May 21, 2019. The Town appreciates the work of the audit team that was conducted in a courteous and professional manner. The recommendations appear to fairly reflect improvements that the Town will strive to implement. Below please find the Town's formal response to the recommendations. 1. Capital Projects Fund Over-expended and projects with fund deficits We noted that four projects, (Fire Building Improvements $42,298, Kenilworth Tank $24,504, Water Infrastructure 18 Paving$91,731, and Rye Lake UV Facility$8,732)have fund deficits for a total of $(167,265) and five projects have expenditures that exceeded their authorized budgets for a total of $875,238, Water Capital Improvement$407,398, Parking Lot Town Center$203,659, Computer Software$39,329, Computer Hardware$33,310 and Fire Building Improvements $167,038. Recommendation We recommend that Management review the status of these projects and determine a resolution to fund these projects to eliminate the deficits. Town Response Management agrees with this recommendation. The Town Board has adopted bond resolutions for the four projects with a negative fund balance that will be issued in 2019. The Town Board has adopted budget amendments for the five projects where expenditures have exceeded the budget. The Town will be more proactive in monitoring the capital project budgets and recommend budget amendments as needed. Due to the rising costs of construction, it is the Town's practice to incur design costs for specs/plans and to issue bids that will determine the funds needed for each project. Actual costs have been consistently 25-30%higher than estimated. As a result of this practice, the Town incurs these costs before a bond is issued. It is permitted for the Town to be reimbursed by bond proceeds for these expenses already incurred. By using this procedure, the Town ensures that a bond will be issued once for the project, saving taxpayer funds. In addition, many of the Town's projects are joint projects with other municipalities and often funding is required to start a project prior to the issuance of a bond. 2. Special Purpose Fund Inactive Accounts Our audit of the trust accounts indicated that the following trust accounts, Greenway Maintenance Trust($7,000),the TOM Hommacks Marsh Trust($971), the 350th Anniversary Fund ($10,108),the Beautification Trust($2,343), the C.E.R.T Trust($650), and the Bunny Hop/5k Run($1,250)had no activity in the current year, with the exceptionof the accumulation of interest. Recommendation We recommend that the trust accounts be analyzed to verify their intended purposes and to determine any future uses of these funds. If deemed appropriate, the Town Board should authorize these funds to be transferred to the appropriate operating funds. Town Response Management agrees with this recommendation. Each of the balances in the inactive accounts will be reviewed and transferred by Town Board authorization as appropriate. We will provide an explanation of those that should remain in trust. 3. Agency Fund Old Deposits The Agency Fund is provided to account for assets held by the Town in a custodial capacity, as agent for individuals, private organizations, other governmental units and/or other Town funds. Our audit disclosed that there are three deposit accounts with the Town, which have deposits, which are greater than one year old. The amounts on deposit, which 2018 2017 Erosion Control Deposits $ 242,678 $ 238,177 Tree Maintenance Bond 11,377 26,265 Street Opening Deposits 18,000 15,600 Recommendation We recommend that the Town analyze the balances in these accounts so that a determination may be made as to the proper disposition of the funds. If it is determined that the amounts are no longer due to depositors, they should be transferred to the appropriate operating fund. Town Response Management agrees with this recommendation. Balances will be reviewed and transferred by Town Board resolution as appropriate. 4. Cash While auditing Cash, it was noted that the General Fund account#0019, the Fire District Fund account#2435, the Sewer District Fund account#7184, the Payroll Account#0964 and the Agency Fund account#4535, all have outstanding checks greater than one year. Recommendation We recommend that these cash accounts be reviewed for the outstanding checks noted. Town Response: Management agrees with this recommendation. All outstanding checks on bank reconciliations will be reviewed and resolved by the last quarter of 2019. 5. Segregation of Duties Payroll and Salary Modification Access The individual responsible for processing payroll also has access to add, delete and modify employee information as well as salary information. In addition, it was noted that management has access to a"Payroll Audit Report,"which identifies any changes made during the pay period within the system relating to employee information and salary. Recommendation There are limitations on obtaining adequate segregation of duties due to the minimal size of the staff. The most efficient/effective method to ensure there are proper controls would be to have the Payroll Audit Report reviewed by a member of management not directly involved in the payroll process. The report should be maintained and the review should be documented within the report. In addition, the Town is currently in the process of implementing a new payroll system, "LOGICS", and is training additional staff in the payroll processes, which will correct the above control deficiencies. Town Response: Management agrees with this recommendation and payroll roles are currently in review and will be adjusted to adequately segregate duties as efficiently as possible taking into account the existing staffing in the Comptroller's office. 6. Housing of Urban Development Single Audit Failed Inspections Testing During our inquiry with the client, we were informed that the initial period when McCright& Associates ("Contractor") started performing inspections on behalf of the Town, there were failed inspections in which deficiencies were not completed timely. Recommendation We noted that the amount of inspections not completed timely in relation to the population as a whole was deemed insignificant. The Town has corrected this deficiency between McCright& Associates. The Town should continue to maintain clear lines of communication with this company going forward. Town Response: Management agrees with this recommendation. The Town is currently looking for an alternative method of conducting our inspections. 7. Joint Venture The Town and the Village of Larchmont participate in the Larchmont-Mamaroneck Joint Garbage Disposal Commission("Commission"). Due to this relationship, it is required that an audited summary of the financial information for the Commission be presented in the notes to the financial statements for both the Town and the Village. However, for the year ended December 31, 2018, this information was not available for inclusion in the Town's financial statements. Recommendation We recommend that the audited financial statement information be prepared timely so that the information be available to be included in the both the Town's and Village's financial statements. Town Response: Management agrees with this recommendation however the Larchmont-Mamaroneck Joint Garbage Disposal Commission experienced a management change in the position of secretary treasurer and • as a result, the audit has been delayed this year. Town of Mamaroneck, New York Schedule of State Transportation Assistance Expended Year Ended December 31 , 2018 OPKr O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS Report on Compliance and Controls over State Transportation Assistance Expended Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards The Honorable Supervisor and Town Board of of the Town of Mamaroneck, New York Compliance We have audited the compliance of the Town of Mamaroneck, New York ("Town") with the types of compliance requirements described in Part 43 of the New York State Codification of Rules and Regulations ("NYCRR") that are applicable to the state transportation assistance program tested for the year ended December 31, 2018. The program tested is identified in the summary of audit results section of the accompanying schedule of findings and questioned costs. Compliance with the requirements of laws, regulations, contracts and grants applicable to the program tested is the responsibility of the Town's management. Our responsibility is to express an opinion on the Town's compliance based on our audit. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Part 43 of the NYCRR. Those standards and Part 43 of the NYCRR require that we plan and perform the audit to obtain reasonable assurance about whether non-compliance with the types of compliance requirements referred to above, that could have a direct and material effect on the state transportation assistance program tested, has occurred. An audit includes examining, on a test basis, evidence about the Town's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Our audit does not provide a legal determination of the Town's compliance with those requirements. In our opinion, the Town complied in all material respects with the requirements referred to above that are applicable to the state transportation assistance program tested for the year ended December 31, 2018. Internal Control Over Compliance The management of the Town is responsible for establishing and maintaining effective internal control over compliance with the requirements of laws, regulations, contracts, and grants applicable to the state transportation assistance program. In planning and performing our audit, we considered the Town's internal control over compliance with requirements that could have a direct and material effect on the state transportation assistance program tested in order to determine our auditing procedures for the purpose of expressing our opinion on compliance, and to test and report on the internal control over compliance in accordance with Part 43 of the NYCRR but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the Town's internal control over compliance. PKF O'CONNOR DAVIES,LLP 500 Mamaroneck Avenue,Harrison,NY 10528 I Tel:914.381.8900 1 Fax:914.381.8910 I www.pkfod.com PKF O'Connor Davies,LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms. A control deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirements of a state transportation program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that a material noncompliance with a type of compliance requirement of a state transportation program will not be prevented, or detected and corrected on a timely basis. Our consideration of the internal control over compliance was for the limited purpose described in the first paragraph of this report and was not designed to identify all deficiencies in internal control over compliance that might be deficiencies, significant deficiencies or material weaknesses. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses may exist that have not been identified. Schedule of State Transportation Assistance Expended We have audited the financial statements of the Town as of December 31, 2018 and for the year then ended, and have issued our report thereon dated April 26, 2019. Our audit was performed for the purpose of forming an opinion on Town's financial statements taken as a whole. The accompanying schedule of state transportation assistance expended is presented for purposes of additional analysis as required by Part 43 of the NYCRR, and is not a required part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated, in all material respects, in relation to the financial statements taken as a whole. This report is intended solely for the information and use of the Town's management and the New York State Department of Transportation. However, this report is a matter of public record and its distribution is not limited. PAF&'C'- �, /-u° PKF O'Connor Davies, LLP Harrison, New York April 26, 2019 2 Town of Mamaroneck, New York Schedule of State Transportation Assistance Expended Year Ended December 31, 2018 Contract Reference Program Title Number Number Expenditures Non-Federal Programs: Consolidated Local Streets and Highway Improvement Program (CHIPS) Capital Component Various N/A $ 83,726 PAVE - NY Program Various N/A 19,111 Snow and Ice Control D010708 N/A 15,989 Total State Transportation Assistance Expended $ 118,826 See notes to schedule of state transportation assistance expended. 3 Town of Mamaroneck, New York Note to Schedule of State Transportation Assistance Expended Year Ended December 31, 2018 Note 1 - Schedule of State Transportation Assistance Expended A. General The accompanying Schedule of State Transportation Assistance Expended of the Town of Mamaroneck, New York presents the activity of all financial assistance programs provided by the New York State Department of Transportation. B. Basis of Accounting The accompanying Schedule of State Transportation Assistance Expended is presented using the modified accrual basis of accounting. C. Matching Costs Matching costs, i.e. the Town of Mamaroneck, New York's share of certain program costs, are not included in the reported expenditures. 4 Town of Mamaroneck, New York Schedule of Findings and Questioned Costs for State Transportation Assistance Expended Year Ended December 31, 2018 Summary of Audit Results: Type of auditors' report issued on compliance for program tested: Unmodified Internal control over State Transportation Assistance expended: • Material weakness(es) identified? Yes ' No • Significant deficiency(ies) identified? Yes I None reported Identification of State Transportation Assistance Program Tested: Grant No. Program SFY 18-19 Consolidated Local Streets and Highway Improvement Program (CHIPS) Capital Component Compliance Findings and Questioned Costs: Current Year None noted. Prior Year None noted. Summary of Audit Findings: None noted. 5 Town of Mamaroneck, New York Town Justice Court Statement of Cash Receipts, Cash Disbursements and Cash Balances Year Ended December 31 , 2018 PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS Independent Auditors' Report To the Honorable Town Supervisor and Members of the Town Board of the Town of Mamaroneck, New York Report on Financial Statements We have audited the accompanying statement of cash receipts, cash disbursements and cash balances of the Town Justice Court of the Town of Mamaroneck, New York, as of and for the year ended December 31, 2018, and the related note to financial statement. Management's Responsibility for the Financial Statement Management is responsible for the preparation and fair presentation of this financial statement in accordance with the basis of accounting described in Note 1; this includes determining that the cash basis of accounting is an acceptable basis for the preparation of the financial statements in the circumstances. Management is also responsible for the design, implementation and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors'Responsibility Our responsibility is to express an opinion on this financial statement based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement is free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statement. The procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the financial statement, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statement in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statement. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. PKF O'CONNOR DAVIES, LLP 500 Mamaroneck Avenue, Harrison, NY 10528 I Tel:914.381.8900 I Fax:914.381.8910 I www.pkfod.com PKF O'Connor Davies,LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms. Opinion In our opinion, the financial statement referred to in the first paragraph presents fairly, in all material respects, the cash receipts, cash disbursements and the cash balances of the Town Justice Court of the Town of Mamaroneck, New York as of December 31, 2018 and for the year then ended, in accordance with the cash basis of accounting as described in Note 1. Basis of Accounting We draw attention to Note 1 of the financial statement, which describes the basis of accounting. The financial statement was prepared on the cash basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to that matter. Restriction on Use This report is intended solely for the information and use of the Board of Trustees, the Office of Court Administration and management and is not intended to be and should not be used by anyone other than these specified parties. PIT`N iCe7 noz &Leta, LLP PKF O'Connor Davies, LLP Harrison, New York January 30, 2019 2 Town of Mamaroneck, New York • Town Justice Court Statement of Cash Receipts, Cash Disbursements and Cash Balances Year Ended December 31, 2018 Fines Combined Justice Justice Bail Brescia Meister CASH RECEIPTS Bail $ 4,787 $ - $ - Fines, fees and other - 136,392 133,496 Total Cash Receipts 4,787 136,392 133,496 CASH DISBURSEMENTS Remittances to Town 200 138,837 135,508 Bail refunds and bail applied to fines and forfeitures 7,267 - - Total Cash Disbursements 7,467 138,837 135,508 Deficiency of Cash Receipts Over Cash Disbursements (2,680) (2,445) (2,012) CASH BALANCES Beginning of Year 9,460 10,701 10,803 End of Year $ 6,780 $ 8,256 $ 8,791 CASH BALANCES REPRESENTED BY Amounts due to Town: December dispositions $ - $ 8,256 $ 8,791 Undisposed cases 6,780 - - Cash Balances - December 31, 2018 $ 6,780 $ 8,256 $ 8,791 3 • Town of Mamaroneck, New York Town Justice Court Note to Financial Statement December 31, 2018 Note 1 -Summary of Significant Accounting Policies A. Basis of Accounting This financial statement was prepared on the basis of cash receipts and cash disbursements in conformity with the accounting principles prescribed in the New York State Handbook for Town and Town Justices, which is a comprehensive basis of accounting other than generally accepted accounting principles. Under this basis of accounting, revenues are recognized when cash is received and expenditures are recognized when cash is disbursed. B. Cash and Equivalents, Investments and Risk Disclosures Cash and Equivalents — Cash and equivalents consist of funds deposited in demand deposit accounts, time deposit accounts and short-term investments with original maturities of less than three months from the date of acquisition. The Town Justice Court's deposits and investment policies follow the Town of Mamaroneck, New York's policies. The Town's investment policies are governed by state statutes. The Town has adopted its own written investment policy which provides for the deposit of funds in FDIC insured commercial banks or trust companies located within the state. The Town is authorized to use demand deposit accounts, time deposit accounts and certificates of deposit. Collateral is required for demand deposit accounts, time deposit accounts and certificates of deposit at 100% of all deposits not covered by Federal deposit insurance. The Town has entered into custodial agreements with the various banks which hold their deposits. These agreements authorize the obligations that may be pledged as collateral. Such obligations include, among other instruments, obligations of the United States and its agencies and obligations of the State and its municipal and school district subdivisions. Investments — Permissible investments include obligations of the U.S. Treasury, U.S. Agencies, repurchase agreements and obligations of New York State and its political subdivisions., The Town follows the provisions of GASB Statement No. 72, "Fair Value Measurement and Application", which defines fair value and establishes a fair value hierarchy organized into three levels based upon the input assumptions used in pricing assets. Level 1 inputs have the highest reliability and are related to assets with unadjusted quoted prices in active markets. Level 2 inputs relate to assets with other than quoted prices in active markets which may include quoted market data. Level 3 inputs are unobservable inputs and are used to the extent that observable inputs do not exist. Risk Disclosure Interest Rate Risk - Interest rate risk is the risk that the government will incur losses in fair value caused by changing interest rates. The Town does not have a formal investment policy that limits investment maturities as a means of managing its exposure to fair value losses arising from changing interest rates. Generally, the Town does not invest in any long-term investment obligations. 4 • Town of Mamaroneck, New York Town Justice Court Note to Financial Statement (Concluded) December 31, 2018 Note 1 -Summary of Significant Accounting Policies (Continued) Custodial Credit Risk - Custodial risk is the risk that in the event of a bank failure, the Town's deposits may not be returned to it. GASB Statement No. 40 directs that deposits be disclosed as exposed to custodial credit risk if they are not covered by depository insurance and the deposits are either uncollateralized, collateralized by securities held by the pledging financial institution or collateralized by securities held by the pledging financial institution's trust department but not in the Town's name. The Town's aggregate bank balances that were not covered by depository insurance were not exposed to custodial risk at December 31, 2018. Credit Risk - Credit risk is the risk that an issuer or other counterparty will not fulfill its specific obligation even without the entity's complete failure. The Town does not have a formal credit risk policy other than restrictions to obligations allowable under General Municipal Law of the State of New York. Concentration of Credit Risk - Concentration of credit risk is the risk attributed to the magnitude of a government's investments in a single issuer. The Town's investment policy limits the amount of deposit at each of its banking institutions. * * * * * 5 Town of Mamaroneck, New York Financial Statements and Supplementary Information Year Ended December 31, 2018 Town of Mamaroneck, New York Table of Contents Page No. Independent Auditors' Report 1 Management's Discussion and Analysis 4 Basic Financial Statements Government-Wide Financial Statements Statement of Net Position 15 Statement of Activities 16 Fund Financial Statements Balance Sheet - Governmental Funds 18 Reconciliation of Governmental Funds Balance Sheet to the Government- Wide Statement of Net Position 20 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds 21 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities 23 Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - General, Town Outside Villages, Highway and Special Districts Funds 24 Fiduciary Fund Statement of Assets and Liabilities 27 Notes to the Financial Statements 28 Required Supplementary Information Service Awards Program Schedule of Changes in the Town's Total Pension Liability - Last Ten Fiscal Years 64 Other Post Employment Benefits Schedule of Changes in the Town's Total OPEB Liability and Related Ratios 65 New York State and Local Employees' Retirement System Schedule of the Town's Proportionate Share of the Net Pension Liability 66 Schedule of Contributions 67 New York State and Local Police and Fire Retirement System Schedule of the Town's Proportionate Share of the Net Pension Liability 68 Schedule of Contributions 69 Combining and Individual Fund Financial Statements and Schedules Major Governmental Funds General Fund Comparative Balance Sheet 70 Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual 71 Schedule of Revenues and Other Financing Sources Compared to Budget 73 Schedule of Expenditures and Other Financing Uses Compared to Budget 75 Town Outside Villages Fund Comparative Balance Sheet 78 Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual 79 Town of Mamaroneck, New York Table of Contents (Concluded) Page No. Schedule of Revenues and Other Financing Sources Compared to Budget 81 Schedule of Expenditures and Other Financing Uses Compared to Budget 83 Highway Fund Comparative Balance Sheet 85 Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual 86 Special Districts Fund Combining Balance Sheet - Sub-Funds 88 Combining Schedule of Revenues, Expenditures and Change in Fund Balances - Sub-Funds 90 Section 8 Housing Assistance Fund Comparative Balance Sheet 92 Comparative Statement of Revenues, Expenditures and Changes in Fund Balance 93 Capital Projects Fund Comparative Balance Sheet 94 Comparative Statement of Revenues, Expenditures and Changes in Fund Balance 95 Project-Length Schedule 96 Non-Major Governmental Funds Combining Balance Sheet 98 Combining Statement of Revenues, Expenditures and Changes in Fund Balances 100 Tri-Municipal Cable T.V. Fund Comparative Balance Sheet 102 Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual 103 Special Purpose Fund Comparative Balance Sheet 105 Comparative Statement of Revenues, Expenditures and Changes in Fund Balance 106 Debt Service Fund Comparative Balance Sheet 107 Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual 108 Federal Programs Report on Internal Control Over Financing Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 110 Report on Compliance for Each Major Federal Program and Report on Internal Control Over Compliance Required by the Uniform Guidance 112 Schedule of Expenditures of Federal Awards 114 Notes to Schedule of Expenditures of Federal Awards 115 Summary Schedule of Prior Audit Findings 116 Schedule of Findings and Questioned Costs 117 PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS Independent Auditors' Report The Honorable Supervisor and Town Board of the Town of Mamaroneck, New York Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the discretely presented component unit, each major fund and the aggregate remaining fund information of the Town of Mamaroneck, New York("Town") as of and for the year ended December 31, 2018, and the related notes to the financial statements which collectively comprise the Town's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors'Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors'judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Town's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Town's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the discretely presented component unit, each major fund and the aggregate remaining fund information of the Town, as of December 31, 2018, and the respective changes in financial position and the respective budgetary comparison for the General, Town Outside Villages, Highway and Special Districts funds for the year then ended in accordance with accounting principles generally accepted in the United States of America. PKF O'CONNOR DAVIES, LLP 500 Mamaroneck Avenue, Harrison, NY 10528 I Tel:914.381.8900 I Fax:914.381.8910 I www.pkfod.com PKF O'Connor Davies,LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms. Emphasis of Matter We draw attention to Note 2C and Note 3F in the notes to financial statements which disclose the effects of the Town's adoption of the provisions of Governmental Accounting Standards Board ("GASB") Statement No. 75, "Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions". Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that Management's Discussion and Analysis and the schedules included under Required Supplementary Information in the accompanying table of contents be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Supplementary and Other Information Our audit for the year ended December 31, 2018 was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Town's basic financial statements. The combining and individual fund financial statements and schedules and the schedule of expenditures of federal awards as required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, for the year ended December 31, 2018 are presented for purposes of additional analysis and are not a required part of the basic financial statements. The combining and individual fund financial statements and schedules and the schedule of expenditures of federal awards are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements for the year ended December 31, 2018 and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion,the information is fairly stated, in all material respects, in relation to the basic financial statements as a whole for the year ended December 31, 2018. We also previously audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the basic financial statements of the Town as of and for the year ended December 31,2017(not presented herein), and have issued our report thereon dated May 18,2018, which contained unmodified opinions on the respective financial statements of the governmental activities, the discretely presented component unit, each major fund and the aggregate remaining fund information. The combining and individual fund financial statements and schedules for the year ended December 31, 2017 are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relate directly to the underlying accounting and other records used to prepare the 2017 financial statements. The combining and individual fund financial statements and schedules have been subjected to the auditing procedures applied in the audit of the 2017 basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare those financial statements or to those financial statements themselves, and other additional procedures in accordance with 2 auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the basic financial statements as a whole for the year ended December 31, 2017. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated April 26, 2019 on our consideration of the Town's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing,and not to provide an opinion on the effectiveness of the Town's internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Town's internal control over financial reporting and compliance. PIyr 'eY7(AttrL l,&/U4, tha PKF O'Connor Davies, LLP Harrison, New York April 26, 2019 3 (This page intentionally left blank) Town of Mamaroneck, New York Management's Discussion and Analysis (MD&A) December 31, 2018 Introduction As management of the Town of Mamaroneck, New York ("Town"), we offer readers of the Town's financial statements this narrative overview and analysis of the financial activities of the Town for the fiscal year ended December 31, 2018. It should be read in conjunction with the basic financial statements, which immediately follow this section, to enhance understanding of the Town's financial performance. Financial Highlights Key financial highlights for fiscal year 2018 are as follows: ❖ As of the close of the current fiscal year, the Town's governmental funds reported combined ending fund balances of $28,994,507, an increase of $3,675,561 from the prior year. The increase in fund balance is primarily due to issuance of serial bonds of $7.2 million in the Town's Capital Projects Fund. These funds have been appropriated for projects that are in progress or scheduled to begin shortly. ❖ At the end of the current fiscal year, the total fund balance for the Town-wide General Fund was $7,809,936 or 62% of total General Fund expenditures and other financing uses for 2018. The total Town-wide General Fund fund balance consists of $232,605 (Nonspendable), $1,144,199 (Assigned), $125,000 (Restricted) and $6,308,132 (Unassigned). Total fund balance for the Town Outside Villages Fund was $5,030,327 or 40% of total fund expenditures and other financing uses for 2018. ❖ Total fund balance for Highway Fund and Special Districts Funds are $834,975 and $4,452,527, respectively or 14% and 44%, respectively, of total fund expenditures and other financing uses for 2018. ❖ The Town adopted a formal fund balance policy and surplus recovery plan on March 20, 2013 which prescribes that a minimum of 15% to 25% of the subsequent year's budgeted appropriations be retained. The percentages at December 31, 2018, in most cases, are within the range of or exceed the surplus levels that are consistent with the Town's policy. ❖ On the government-wide financial statements, the liabilities and deferred inflows of resources of the primary government, which is reported separately from the component unit (Mamaroneck Housing Authority) for which the Town is financially accountable, exceeded its assets and deferred outflows of resources at the close of the most recent fiscal year by $45,241,173. Of this amount, the unrestricted net position, which is available to meet the ongoing obligations of the Town, is reported as a deficit in the amount of $69,491,740 due primarily from the required accrual in accordance with the provisions of GASB Statement No. 75 of the Town's annual Other Post-Employment Benefits Obligations Payable ("OPEB") of$82,055,445. 4 ❖ For the year ended December 31, 2018, the Town implemented the provisions of GASB Statement No. 75, "Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions ("OPEB")". This statement addresses accounting and financial reporting for OPEB by establishing standards for recognizing and measuring liabilities, deferred outflows/inflows of resources and expenses/expenditures. This statement identifies the methods and assumptions that are required to be used to project benefit payments, discount projected benefit payments to their actuarial present value and attribute that present value to the periods of employee service. This statement supersedes the provisions of GASB Statement No. 45, "Accounting and Financial Reporting By Employers for Postemployment Benefits Other Than Pensions". The primary distinction between the two standards is that since no mechanism exists under current New York State law for New York municipalities and school districts to pre-fund these obligations in an irrevocable trust, entities must now report their total OPEB liability as opposed to the net OPEB liability that has been reported under the prior standard. As a result, the net position for governmental activities on the government-wide financial statements reflects a change in accounting principle adjustment of $(54,458,738) to the opening net position originally reported as of January 1, 2018 of $9,510,305, thereby restating the opening net position to $(44,948,433). In addition to the impact of the Town's OPEB obligations, the government-wide financial statements for the year ended December 31, 2018 are also significantly impacted by the provisions of GASB Statement No. 68. This pronouncement established accounting and financial reporting requirements associated with the Town's participation in the cost sharing multiple employer pension plans administered by the New York State and Local Employees' Retirement System ("ERS") and the New York State and Local Police and Fire Retirement System ("PFRS"). Under the new standards, cost-sharing employers are required to report in their government-wide financial statements a net pension liability (asset), pension expense and pension-related deferred inflows and outflows of resources based on their proportionate share of the collective amounts for all of the municipalities and school districts in the plan. At December 31, 2018, the Town reported in its Statement of Net Position a liability of $2,245,570 for its proportionate share of the ERS and PFRS net pension liabilities. More detailed information about the Town's pension plan reporting in accordance with the provisions of GASB Statement No. 68, including amounts reported as pension expense and deferred inflows/outflows of resources, is presented in note 3F in the notes to financial statements. Overview of Financial Statements This discussion and analysis is intended to serve as an introduction to the Town's basic financial statements. The basic financial statements include three components: 1) government- wide financial statements, 2) fund financial statements and 3) notes to financial statements. This report also includes other supplementary information as listed in the table of contents. Government-Wide Financial Statements The government-wide financial statements are designed to provide the readers with a broad overview of the Town's finances in a manner similar to a private-sector business. The Town of Mamaroneck Housing Authority is a legally separate component unit of the primary government ("Town") for which the Town is financially accountable. The financial information for the Town of Mamaroneck Housing Authority is reported separately ("discretely presented") from the financial 5 information presented for the primary government. The reader may refer to the component unit's separately issued financial statements for additional information. The statement of net position presents information on all of the Town's assets and deferred outflows of resources and liabilities and deferred inflows of resources, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator as to whether the financial position of the Town is improving or deteriorating. The statement of activities presents information reflecting how the Town's net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will result in cash flows in future fiscal periods (for example, uncollected taxes and earned but unused vacation leave and other postemployment benefit obligations ("OPEB")). The government-wide financial statements distinguish functions of the Town that are principally supported by taxes and intergovernmental revenues ("governmental activities"). The governmental activities of the Town include general government support, public safety, health, transportation, economic opportunity and development, culture and recreation, home and community services and interest. The government-wide financial statements can be found immediately following this discussion and analysis. Fund Financial Statements A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. Government resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. The Town, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related and legal requirements. All of the funds of the Town can be divided into two categories: governmental funds and fiduciary funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near- term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government's near-term financing requirements. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government's near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. 6 The Town maintains fourteen individual governmental funds. Information is presented separately in the governmental funds balance sheet and in the governmental funds statement of revenues, expenditures, and changes in fund balances for the General Fund, Town Outside Villages Fund, Highway Fund, Special Districts Fund (Water, Sewer, Street Lighting, Refuse and Garbage, Ambulance and Fire Protection Districts), Section 8 Housing Assistance Fund and Capital Projects Fund, which are considered to be major funds. Data for the other three non-major governmental funds (Tri-Municipal Cable T.V., Special Purpose and Debt Service Funds) are combined into a single aggregated presentation. Individual fund data for each of these non-major governmental funds is provided in the form of combining statements elsewhere in this report. The Town adopts an annual appropriation budget for its General Fund, Town Outside Villages Fund, Highway Fund, and Special Districts Fund, which are major funds. A budgetary comparison statement has been provided for these funds within the basic financial statements to demonstrate compliance with the respective budgets. Annual budgets are also adopted for the Tri-Municipal Cable T.V. Fund and the Debt Service Fund which are non-major funds. Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the Town's programs. Resources are held in the Agency Fund by the Town purely in a custodial capacity. The activity in the Agency Fund is limited to the receipt, temporary investment, and remittance of resources to the appropriate individuals, organizations or governments. The financial statements for the governmental and fiduciary funds can be found in the basic financial statements section of this report. Notes to the Financial Statements The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes to the financial statements are located following the basic financial statements section of this report. 7 Government-wide Financial Analysis As noted earlier, net position may serve over time as a useful indicator of the Town's financial position. In the case of the Town, liabilities and deferred inflows of resources exceeded assets and deferred outflows of resources by ($45,241,173) at the close of the current fiscal year. Net Position December 31, 2018 2017 Current Assets $ 89,930,159 $ 100,723,263 Capital Assets,Net 50,505,540 47,725,754 Total Assets 140,435,699 148,449,017 Deferred Outflows of Resources 7,302,509 6,156,185 Current Liabilities 60,348,615 57,310,951 Long-Term Liabilities 122,476,486 69,054,829 Total Liabilities 182,825,101 126,365,780 Deferred Inflows of Resources 10,154,280 18,729,117 NET POSITION Net investment in Capital Assets 21,534,691 20,552,890 Restricted Net Assets 2,715,876 6,268,501 Unrestricted Net Assets (69,491,740) (17,311,086) Total Net Position $ (45,241,173) $ 9,510,305 NET POSITION DISTRIBUTION December 31,2018 Net investment in Capital Assets 48% <� r Restricted Net Fn Assets gr '' ' '.' 6% Unrestricted Net Assets -154% 8 Net investment in capital assets, less any outstanding debt used to acquire those assets of $21,534,691, accounts for 48% of the total net position. The Town uses these assets to provide services to citizens. Consequently, these assets cannot be used for future spending. Although the Town's investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since capital assets cannot be used to liquidate these liabilities. Approximately 6% of the Town's net position is restricted for various purposes (future capital projects, debt service, Section 8 housing assistance and trusts). The restricted net position of $2,715,876 represents resources that are subject to external restrictions on how they may be used. The restrictions are as follows: Restricted Net Assets December 31, 2018 2017 Future Capital Projects $ 125,000 $ 125,000 Debt Service 1,853,539 871,666 Special Districts: Water - 2,455,291 Sewer - 259,224 Refuse & Garbage - 109,153 Street Lighting - 11,178 Section 8 Housing Authority 476,629 472,180 Tri-Municipal Cable TV - 1,714,438 Trusts 260,708 250,371 Total Restricted Assets $ 2,715,876 $ 6,268,501 The remaining balance of net position, representing unrestricted net assets of ($69,491,740) is reported as a deficit as a result of having long-term commitments including compensated absences and other post employment benefit obligations that are greater than currently available resources. Payments of these liabilities will be budgeted in the year that actual payment will be made. 9 Change in Net Position December 31, Primary Government 2018 2017 REVENUES Program Revenues Charges for Services $ 9,512,249 $ 8,473,399 Operating Grants & Contributions 7,156,846 7,481,928 Capital Gains and Contributions 493,565 349,551 General Revenues Real Property Taxes 25,729,260 25,233,805 Other Tax Items 559,548 1,078,925 Non-Property Taxes 1,917,581 1,827,391 Unrestricted Use of Money and Property 88,486 36,289 Sale of Property and Compensation for Loss 18,490 1,348,579 Unrestricted State Aid 1,379,690 1,524,938 Miscellaneous 7,217 3,899 Insurance Recoveries 39,480 145,852 Total Revenues 46,902,412 47,504,556 EXPENSES Program Expenses General Government Support 8,416,341 8,558,953 Public Safety 13,909,760 15,075,843 Health 2,210,349 2,341,289 Transportation 5,966,073 6,094,052 Exonomic Opportunity and Development 7,198,352 7,181,791 Culture and Recreation 5,436,815 5,587,787 Home and Community Services 3,422,663 3,646,045 Interest 634,799 766,612 Total Expenses 47,195,152 49,252,372 Change in Net Position (292,740) (1,747,816) NET POSITION Beginning, as reported 9,510,305 12,627,820 Cumulative Effect of Change in Accounting Principle (54,458,738) (1,369,699) Beginning, as restated (44,948,433) 11,258,121 Ending $ (45,241,173) $ 9,510,305 10 Sources of Revenue for FY 2018 Government Activities Non-Property Unrestricted Taxes -State Aid Other Tax Items 4% 3% Program &Misc Revenues 1% 37% 411/111000. Real Property_. Taxes 55% Expenses for Fiscal Year 2018 Governmental Activities Home and General Interest __Government Community 1% Services...-.' Support 18% Culture& _. Recreation ; 12% Exonomic Opportunity and_ Development 15% _ Pu blic Safety 29% Transportation 13% Health 5% Governmental activities decreased the Town's net position by $292,740 for the fiscal year ended December 31, 2018. Total revenues for the year ended December 31, 2018, from governmental activities totaled $46,902,412. Real Property Taxes of $25,729,260 represent the largest revenue source (55%). Governmental activities expenses of the Town totaled $47,195,152. The largest components of these expenses are in the areas of Public Safety (29%), General Government Support (18%), Economic Opportunity and Development (15%), Transportation (13%), Culture and Recreation (12%) and Home and Community Services (7%). 11 Financial Analysis of the Town's Funds As noted earlier, the Town uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. Fund Balance Reporting Nonspendable — consists of assets that are inherently nonspendable in the current period either because of their form or because they must be maintained intact, including prepaid items, inventories, long-term portions of loans receivable, financial assets held for resale and principal of endowments. Restricted — consists of amounts that are subject to externally enforceable legal purpose restrictions imposed by creditors, grantors, contributors, or laws and regulations of other governments; or through constitutional provisions or enabling legislation. Committed — consists of amounts that are subject to a purpose constraint imposed by a formal action of the government's highest level of decision-making authority before the end of the fiscal year, and that require the same level of formal action to remove the constraint. Assigned — consists of amounts that are subject to a purpose constraint that represents an intended use established by the government's highest level of decision-making authority, or by their designated body or official. The purpose of the assignment must be narrower than the purpose of the General Fund, and in funds other than the General Fund, assigned fund balance represents the residual amount of fund balance. Unassigned — represents the residual classification for the government's General Fund, and could report a surplus or deficit. In funds other than the General Fund, the unassigned classification should be used only to report a deficit balance resulting from overspending for specific purposes for which amounts had been restricted, committed, or assigned. These changes were made to reflect spending constraints on resources, rather than availability for appropriations and to bring greater clarity and consistency to fund balance reporting. This pronouncement should result in an improvement in the usefulness of fund balance information. Governmental Funds The focus of the Town's governmental funds is to provide information on near-term inflows, outflows and balances of spendable resources. Such information is useful in assessing the Town's financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government's net resources available for spending at the end of the fiscal year. As of the end of the current fiscal year, the Town's governmental funds reported combined ending fund balances of$28,994,507, an increase of $3,675,561 compared to last years ending balance of $25,318,946. The nonspendable fund balance component of $993,531 consists of amounts representing prepaid expenditures. Prepaid expenditures have been established primarily to account for a portion of the New York state retirement and general liability insurance payments made in advance. Fund balance of $10,487,964 is restricted for special purpose trusts, special revenue funds, capital projects and debt service. The assigned fund balance classification aggregates $11,204,880, consisting primarily of amounts designated to balance the fiscal 2019 budget ($1,125,000 in the General Fund, $400,000 in the Town Outside Villages Fund,$52,500 in the Special Districts Funds, $164,000 in the Debt Service Fund and $300,000 in the Tri-Municipal Cable T.V. Fund) and amounts available to be used at the Town's discretion 12 in funds other than the General Fund ($4,175,374) in the Town Outside Villages Fund, $664,414 in the Highway Fund, $3,003,797 in the Special Districts Funds, and $1,241,825 in the Non- Major Governmental Tri-Municipal Cable T.V. Fund). The remaining fund balance of $6,308,132 is unassigned and represents the remaining positive fund balance in the General Fund. The General Fund is the primary operating fund of the Town. At the end of the current fiscal year, unassigned fund balance of the General Fund was $6,308,132, representing 81% of the total General Fund balance of $7,809,936. This is a decrease over the prior year, when the total fund balance was $9,359,856. The decrease was a result of funding one-time capital projects throughout the year from fund balance. Actual revenues other than Taxes/Penalties, Fines & Forfeitures, State and Federal aid have exceeded 2018 budget estimates. Program Revenue and investment earnings revenues generated the largest positive budget variances. As a result, fund balance drawdown was slightly higher than budgeted. Two useful measures of liquidity are the percentage of unassigned fund balance to total expenditures and total fund balance to total expenditures. As a result of the increases in revenues, at the end of the current fiscal year, the General Fund showed a 62% unassigned fund balance as compared to total expenditures and other financing uses. Actual expenditures and other financing uses were approximately $114,584 less than the amounts estimated to be expended in the 2018 final operating budget. Conservative revenue and expenditure budgeting along with prudent financial management has resulted in the conservative use of fund balance as planned. Using fund balances for capital projects reduces the need for debt that increases future operating expenses. The Town Outside Villages Fund's total fund balance at the end of the fiscal year was $5,030,327, an increase of $418,528 from the previous fiscal year. This primarily resulted from licenses and permit fees and sales tax distribution revenue being approximately $542,000 greater than the conservatively estimated final budget. The Highway Fund's total fund balance at the end of the current fiscal year was $834,975, a decrease of $214,173 from the previous year. Approximately $294,000 represents funds transferred to capital infrastructure projects reducing the need to issue additional debt. The Special Districts Fund's total fund balance at the end of the current fiscal year was $4,452,527, a decrease of $736,201 from the previous year. The decrease is primarily the result of use of the Water District fund balance of approximately $1,357,000 for capital projects reducing the need to issue debt and Sewer District revenue shortfall of approximately $57,000 compared to the budget. Positive expenditure budget variances in the Ambulance, Sewer, Garbage and Water Districts attributable to conservative expenditure budget estimates helped to minimize the decrease in fund balance at fiscal year ended 2018. The Capital Projects Fund reflects a fund balance of $6,734,041 at the end of the current fiscal year, an increase of $4,933,281 from the previous year. The Town funded various one-time capital projects in the amount of $3,383,936 through the use of fund balance and issued new long term debt of $7,215,500 in the form of serial bonds to fund all currently authorized capital projects in the 2018 fiscal year. 13 Capital Assets The Town's investment in capital assets for its governmental activities as of December 31, 2018, amounted to $50,505,540 (net of accumulated depreciation). This investment in capital assets includes land, buildings and improvements, machinery and equipment, infrastructure and construction-in-progress. CAPITAL ASSETS (Net of Accumulated Depreication) 2018 2017 Land $ 4,031,660 $ 4,031,660 Buildings & Improvements 17,340,561 17,579,884 Machinery& Equipment 4,468,075 4,281,204 Infrastructure 20,255,581 14,708,507 Construction-in-Progress 4,409,663 7,124,499 Total Capital Assets $ 50,505,540 $ 47,725,754 Additional information on the Town's capital assets can be found in Note 3 of this report. Long-Term Debt & Short-Term Capital Borrowings At the end of the current fiscal year, the Town had total bonded debt outstanding of $35,540,500. As required by New York State Law, all bonds issued by the Town are general obligation bonds, backed by the full faith and credit of the Town. During the 2018 fiscal year, the Town paid $2,460,000 in principal on outstanding long-term obligations and issued $7,215,500 in long-term obligations in the form of serial bonds in order to fund various capital projects. Additional information on the Town's long-term debt and short-term capital borrowings can be found in Note 3 of this report. Requests for Information This financial report is designed to provide a general overview of the Town's finances for all those with an interest in the government's finances. Questions concerning any of the information provided in this report or request for additional financial information should be addressed to Stephen Altieri - Town Administrator or Tracy Yogman — Town Comptroller, Town of Mamaroneck, 740 W. Boston Post Road, Mamaroneck, New York 10543. 14 Town of Mamaroneck, New York Statement of Net Position December 31, 2018 Component Unit Mamaroneck Governmental Housing Activities Authority ASSETS Cash and equivalents $ 25,804,538 $ 382,563 Investments 14,106,016 180,685 Receivables Taxes, net 47,340,845 - Accounts 848,891 - Due from other governments 697,055 - State and Federal aid 139,283 - Rents - 10,292 Interest - 1,147 Prepaid expenses 993,531 - Restricted assets - 176,356 Capital assets Not being depreciated 8,441,323 - Being depreciated, net 42,064,217 3,273,265 Total Assets 140,435,699 4,024,308 DEFERRED OUTFLOWS OF RESOURCES 7,302,509 8,929 LIABILITIES Accounts payable 1,767,447 2,015 Accrued liabilities 100,990 - Tenant deposits payable - 63,564 Due to school districts 58,280,743 - Due to other governments 10 - Overpayments 400 - Unearned revenues 19,084 - Accrued interest payable 179,941 10,249 Non-current liabilities Due within one year 2,502,802 285,000 Due in more than one year 119,973,684 1,301,556 Total Liabilities 182,825,101 1,662,384 DEFERRED INFLOWS OF RESOURCES 10,154,280 - NET POSITION Net investment in capital assets 21,534,691 2,029,454 Restricted for Future Capital Projects 125,000 - Debt service 1,853,539 - Section 8 housing assistance 476,629 - Trusts 260,708 - Unrestricted (69,491,740) 341,399 Total Net Position $ (45,241,173) $ 2,370,853 The notes to the financial statements are an integral part of this statement. 15 Town of Mamaroneck, New York Statement of Activities Year Ended December 31, 2018 Program Revenues Operating Capital Charges for Grants and Grants and Functions/Programs Expenses Services Contributions Contributions Governmental activities General government support $ 8,416,341 $ 2,265,901 $ 27,438 $ 3,873 Public safety 13,909,760 743,219 36,067 9,040 Health 2,210,349 959,115 419,206 - Transportation 5,966,073 974,900 119,051 445,608 Economic opportunity and development 7,198,352 - 6,469,956 - Culture and recreation 5,436,815 2,884,695 5,557 - Home and community services 3,422,663 1,684,419 79,571 27,909 Interest 634,799 - - 7,135 Total Governmental Activities $ 47,195,152 $ 9,512,249 $ 7,156,846 $ 493,565 Component unit- Mamaroneck Housing Authority $ 885,366 $ 880,027 $ - $ - General revenues Real property taxes Other tax items Payment in lieu of taxes Interest and penalties on real property taxes Utilities gross receipts taxes Non-property taxes Non-property tax distribution from County Unrestricted use of money and property Sale of property and compensation for loss Unrestricted State aid Miscellaneous Insurance recoveries Total General Revenues Change in Net Position Net Position - Beginning, as reported Cumulative Effect of Change in Accounting Principle Net Position -Beginning, as restated Net Position - Ending The notes to the financial statements are an integral part of this statement. 16 Net(Expense) Revenues and Changes in Net Position Component Unit Mamaroneck Governmental Housing Activities Authority $ (6,119,129) $ - (13,121,434) - (832,028) - (4,426,514) - (728,396) - (2,546,563) - (1,630,764) - (627,664) - (30,032,492) - (5,339) 25,729,260 - 1,350 - 548,061 - 10,137 - 1,917,581 - 88,486 4,933 18,490 - 1,379,690 - 7,217 9,435 39,480 - 29,739,752 14,368 (292,740) 9,029 9,510,305 2,361,824 (54,458,738) - (44,948,433) 2,361,824 $ (45,241,173) $ 2,370,853 17 Town of Mamaroneck, New York Balance Sheet Governmental Funds December 31, 2018 Town Outside Special General Villages Highway Districts ASSETS Cash and equivalents $ 9,240,494 $ 4,284,651 $ 796,737 $ 1,751,066 Investments 10,051,536 - - 4,054,480 Taxes receivable, net 47,340,845 - - - Other receivables Accounts 355,115 80,285 287 16,183 Due from other governments 104,736 496,877 45,702 49,740 State and Federal aid 16,584 - 118,826 - Due from other funds 170,779 1,207 65,107 39,642 647,214 578,369 229,922 105,565 Prepaid expenditures 232,605 428,302 138,441 194,183 Total Assets $ 67,512,694 $ 5,291,322 $ 1,165,100 $ 6,105,294 LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Liabilities Accounts payable $ 234,415 $ 199,061 $ 139,317 $ 65,559 Accrued liabilities 38,147 - 11,450 51,393 Due to school districts 58,280,743 - - - Due to other funds 372,776 61,934 179,358 1,535,815 Due to other governments 10 - - - Overpayments 400 - - - Unearned revenues 9,289 - - - Total Liabilities 58,935,780 260,995 330,125 1,652,767 Deferred inflows of resources Deferred tax revenues 766,978 - - - Total Liabilities and Deferred Inflows of Resources 59,702,758 260,995 330,125 1,652,767 Fund balances Nonspendable 232,605 428,302 138,441 194,183 Restricted 125,000 - - 1,202,047 Assigned 1,144,199 4,602,025 696,534 3,056,297 Unassigned 6,308,132 - - - Total Fund Balances 7,809,936 5,030,327 834,975 4,452,527 Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 67,512,694 $ 5,291,322 $ 1,165,100 $ 6,105,294 The notes to the financial statements are an integral part of this statement. 18 Section 8 Total Housing Capital Non-Major Governmental Assistance Projects Governmental Funds $ 640,018 $ 6,465,725 $ 2,625,847 $ 25,804,538 - - - 14,106,016 - - - 47,340,845 171,681 225,340 848,891 - 697,055 - 3,873 139,283 2,127,885 804,885 3,209,505 - 2,303,439 1,030,225 4,894,734 - - 993,531 $ 640,018 $ 8,769,164 $ 3,656,072 $ 93,139,664 $ - $ 1,129,095 $ - $ 1,767,447 - - - 100,990 - - - 58,280,743 163,389 896,233 - 3,209,505 - - - 10 - - - 400 - 9,795 - 19,084 163,389 2,035,123 - 63,378,179 - - - 766,978 163,389 2,035,123 - 64,145,157 - - - 993,531 476,629 6,734,041 1,950,247 10,487,964 - 1,705,825 11,204,880 - - 6,308,132 476,629 6,734,041 3,656,072 28,994,507 $ 640,018 $ 8,769,164 $ 3,656,072 $ 93,139,664 19 (This page intentionally left blank) Town of Mamaroneck, New York Reconciliation of Governmental Funds Balance Sheet to the Government-Wide Statement of Net Position December 31, 2018 Fund Balances - Total Governmental Funds $ 28,994,507 Amounts Reported for Governmental Activities in the Statement of Net Position are Different Because Capital assets used in governmental activities are not financial resources and, therefore, are not reported in the funds. 50,505,540 Governmental funds do not report the effect of losses on refunding bonds and assets or liabilities related to net pension assets (liabilities) whereas these amounts are deferred and amortized in the statement of activities. Deferred amounts on net pension liabilities - retirement system 1,661,988 Deferred amounts on total pension liabilities - length of service awards program 26,028 Deferred amounts on other post employment benefits (4,704,611) Deferred amounts on refunding bonds 164,824 (2,851,771) Revenues in the statement of activities that do not provide current financial resources are not reported as revenues in the funds. Real property taxes 766,978 Long-term liabilities that are not due and payable in the current period are not reported in the funds. Accrued interest payable (179,941) Bonds payable (36,007,677) Installment purchase debt payable (29,302) Compensated absences (530,299) Net pension liability - retirement system (2,245,570) Total pension liability - length of service program (1,608,193) Other post employment benefit obligations payable (82,055,445) (122,656,427) Net Position of Governmental Activities $ (45,241,173) The notes to the financial statements are an integral part of this statement. 20 Town of Mamaroneck,New York Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds is Year Ended December 31,2018 Town Outside Special General Villages Highway Districts REVENUES Real property taxes $ 3,890,068 $ 9,822,525 $ 5,002,973 $ 6,828,665 Other tax items 559,548 - - - Non-property taxes - 1,917,581 - - Departmental income 3,771,843 218,091 33,816 1,931,831 Intergovernmental charges - - 346,909 122,280 Use of money and property 406,435 - 225 76,412 Licenses and permits 63,871 908,383 - - Fines and forfeitures 270,033 9,760 - - Sale of property and compensation for loss 990 - 26,162 440,330 State aid 1,829,363 - 118,826 - Federal aid 58,243 - - - Miscellaneous 28,277 15,117 8,734 5,376 Total Revenues 10,878,671 12,891,457 5,537,645 9,404,894 EXPENDITURES Current General government support 4,405,442 568,193 - - Public safety - 5,877,024 - 2,039,443 Health 419,206 59,100 - 1,172,014 Transportation 118,387 24,648 3,065,907 165,968 Economic opportunity and development 496,867 - - - Culture and recreation 2,635,809 1,368,079 - - Home and community services 450,093 214,299 - 2,203,592 Employee benefits 2,292,204 3,962,148 1,592,670 1,676,476 Debt service Principal - - - 29,300 Interest - - - 185 Capital outlay - - - - Total Expenditures 10,818,008 12,073,491 4,658,577 7,286,978 Excess(Deficiency)of Revenues Over Expenditures 60,663 817,966 879,068 2,117,916 OTHER FINANCING SOURCES(USES) Bond issued - - - - Issuance premium - - - - Sale of property 17,500 - - - Insurance recoveries - 28,598 10,882 - Transfers in 197,538 135,365 133,640 59,737 Transfers out (1,825,621) (563,401) (1,237,763) (2,913,854) Total Other Financing Sources(Uses) (1,610,583) (399,438) (1,093,241) (2,854,117) Net Change in Fund Balances (1,549,920) 418,528 (214,173) (736,201) FUND BALANCES Beginning of Year 9,359,856 4,611,799 1,049,148 5,188,728 End of Year $ 7,809,936 $ 5,030,327 $ 834,975 $ 4,452,527 The notes to the financial statements are an integral part of this statement. 21 Section 8 Total Housing Capital Non-Major Governmental Assistance Projects Governmental Funds $ - $ - $ - $ 25,544,231 - - - 559,548 _ - 1,917,581 - - 1,021,764 6,977,345 - - 469,189 1,308 - 8,628 493,008 - 972,254 - - 279,793 - _ - 467,482 - 8,524 - 1,956,713 6,364,325 38,246 - 6,460,814 22,474 439,660 42,807 562,445 6,388,107 486,430 1,073,199 46,660,403 - 1,079,793 6,053,428 _ - - 7,916,467 - - 1,650,320 - - 3,374,910 6,383,658 - - 6,880,525 - - 4,003,888 - 741 2,868,725 - - 9,523,498 - - 2,460,000 2,489,300 - 646,702 646,887 5,253,640 - 5,253,640 1 6,383,658 5,253,640 4,187,236 50,661,588 I4,449 (4,767,210) (3,114,037) (4,001,185) 7,215,500 - 7,215,500 - - 404,266 404,266 - - - 17,500 - - - 39,480 3,383,936 3,911,344 7,821,560 (898,945) (381,976) (7,821,560) 9,700,491 3,933,634 7,676,746 4,449 4,933,281 819,597 3,675,561 472,180 1,800,760 2,836,475 25,318,946 $ 476,629 $ 6,734,041 $ 3,656,072 $ 28,994,507 22 (This page intentionally left blank) I I Town of Mamaroneck, New York Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities Year Ended December 31, 2018 Amounts Reported for Governmental Activities in the Statement of Activities are Different Because Net Change in Fund Balances - Total Governmental Funds $ 3,675,561 1 Governmental funds report capital outlays as expenditures. However, in the statement of activities, the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. Capital outlay expenditures 5,140,048 Depreciation expense (2,360,262) 2,779,786 Revenues in the statement of activities that do not provide current financial resources are not reported as revenues in the funds. Real property taxes 185,029 Bond and installment purchase debt issued provides current financial resources to governmental funds, but issuing debt increases long-term liabilities in the statement of net position. Repayment of long-term debt principal is an expenditure in the governmental funds, but the repayment reduces long-term liabilities in the statement of net position. Bonds issued (7,215,500) Issuance premium (404,266) Principal paid on installment purchase debt 29,300 Principal paid on bonds 2,460,000 Amortization of loss on refunding bonds and issuance premium 8,634 (5,121,832) Some expenses reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. Accrued interest 3,454 Compensated absences (16,929) Pension liabilities - retirement system (41,120) Pension liabilities - length of service awards program (95,371) Other post employment benefit obligations (1,661,318) (1,811,284) Change in Net Position of Governmental Activities $ (292,740) The notes to the financial statements are an integral part of this statement. 23 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 1 -Summary of Significant Accounting Policies (Continued) Life Class in Years Buildings and improvements 20-50 Machinery and equipment 5-20 Infrastructure 30-50 The costs associated with the acquisition or construction of capital assets are shown as capital outlay expenditures on the governmental fund financial statements. Capital assets are not shown on the governmental fund balance sheet. Unearned Revenues - Unearned revenues arise when assets are recognized before revenue recognition criteria have been satisfied. In government-wide financial statements, unearned revenues consist of amounts received in advance and/or grants received before the eligibility requirements have been met. Unearned revenues in the fund financial statements are those where asset recognition criteria have been met, but for which revenue recognition criteria have not been met. The Town has reported unearned revenues of$9,289 for rents received in advance in the General Fund and $9,795 for State aid received in advance in the Capital Projects Fund. These amounts have been deemed to be measurable but not "available" pursuant to generally accepted accounting principles. Deferred Outflows/Inflows of Resources - In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element represents a consumption of net position that applies to a future period and so will not be recognized as an outflow of resources (expense/expenditure) until then. In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element represents an acquisition of net position that applies to a future period and so will not be recognized as an inflow of resources (revenue) until that time. The Town reported deferred inflows of resources of$766,978 for real property taxes not expected to be collected within the first sixty days of the subsequent fiscal year in the General Fund. These amounts are deferred and recognized as an inflow of resources in the period that the amount becomes available. Deferred outflows and inflows of resources have been reported on the government-wide Statement of Net Position for the following: Deferred Deferred Outflows Inflows of Resources of Resources Pension Plans - Employee Retirement System $ 2,645,932 $ 2,287,534 Pension Plans - Police and Fire Retirement System 4,333,693 3,030,103 Defined Benefit- Fire Service Awards Program 158,060 132,032 Deferred Loss on Refunding bonds 164,824 - Other postemployment benefit obligations - 4,704,611 $ 7,302,509 $ 10,154,280 35 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 1 -Summary of Significant Accounting Policies (Continued) These amounts are detailed in the discussion of the Town's pension plans in Note 3F. The Town has reported deferred outflows of resources for a deferred loss on refunding bonds which results from the difference in the carrying value of the refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt. The Authority reported deferred outflows of resources of $8,929 for a deferred loss on refunding in the Statement of Net Position. This amount results from the difference in the carrying value of the refunded debt and its requisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt. Long-Term Liabilities- In the government-wide financial statements, long-term debt and other long- term liabilities are reported as liabilities in the Statement of Net Position. Bond premiums and discounts are deferred and amortized over the life of the bonds. Bonds payable are reported net of the applicable bond premium or discount. Bond issuance costs are expensed as incurred. In the fund financial statements, governmental funds recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as Capital Projects Fund expenditures. Net Pension Liability - The net pension liability represents the Town's proportionate share of the net pension liability of the New York State and Local Employees' Retirement System. The financial reporting of these amounts are presented in accordance with the provisions of GASB Statement No. 68, "Accounting and Financial Reporting for Pensions"and GASB Statement No. 71, "Pension Transition for Contributions Made Subsequent to the Measurement Date". Total Pension Liability - Length of Service Awards Program - The financial reporting of these amounts are presented in accordance with the provisions of GASB Statement No. 73, "Accounting and Financial Reporting for Pensions and Related Assets That Are Not Within the Scope of GASB Statement No. 68, and Amendments to Certain Provisions of GASB Statements No. 67 and 68". Compensated Absences - The various collective bargaining agreements provide for the payment of accumulated vacation and sick leave upon separation from service. The liability for such accumulated leave is reflected in the government-wide Statement of Net Position as current and long- term liabilities. A liability for these amounts is reported in the governmental funds only if the liability has matured through employee resignation or retirement. The liability for compensated absences includes salary related payments, where applicable. Net Position - Net position represents the difference between assets, deferred outflows of resources, liabilities and deferred inflows of resources. Net position is reported as restricted when there are limitations imposed on their use either through the enabling legislation adopted by the Town or through external restrictions imposed by creditors, grantors, or laws or regulations of other governments. Net position on the Statement of Net Position includes, net investment in capital assets, restricted for future capital projects, debt service, Section 8 Housing Assistance and trusts. The balance is classified as unrestricted. 36 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 1 -Summary of Significant Accounting Policies (Continued) Fund Balances - Generally, fund balance represents the difference between current assets and deferred outflows of resources and current liabilities and deferred inflows of resources. In the fund financial statements, governmental funds report fund classifications that comprise a hierarchy based primarily on the extent to which the Town is bound to honor constraints on the specific purposes for which amounts in those funds can be spent. Under this standard the fund balance classifications are as follows: Nonspendable fund balance includes amounts that cannot be spent because they are either not in spendable form (inventories, prepaid amounts, long-term receivables, advances) or they are legally or contractually required to be maintained intact (the corpus of a permanent fund). Restricted fund balance is reported when constraints placed on the use of the resources are imposed by grantors, contributors, laws or regulations of other governments or imposed by law through enabling legislation. Enabling legislation includes a legally enforceable requirement that these resources be used only for the specific purposes as provided in the legislation. This fund balance classification is used to report funds that are restricted for debt service obligations and for other items contained in the General Municipal Law of the State of New York. Committed fund balance is reported for amounts that can only be used for specific purposes pursuant to formal action of the entity's highest level of decision making authority. The Town Board is the highest level of decision making authority for the Town that can, by the adoption of a resolution prior to the end of the fiscal year, commit fund balance. Once adopted, these funds may only be used for the purpose specified unless the Town Board removes or changes the purpose by taking the same action that was used to establish the commitment. This classification includes certain amounts established and approved by the Town Board. Assigned fund balance, in the General Fund, represents amounts constrained either by policies of the Town Board for amounts assigned for balancing the subsequent year's budget or the Town Supervisor for amounts assigned as encumbrances. Unlike commitments, assignments generally only exist temporarily, in that additional action does not normally have to be taken for the removal of an assignment. An assignment cannot result in a deficit in the unassigned fund balance in the General Fund. Assigned fund balance in all funds except the General Fund includes all remaining amounts, except for negative balances, that are not classified as nonspendable and are neither restricted nor committed. Unassigned fund balance, in the General Fund, represents amounts not classified as nonspendable, restricted, committed or assigned. The General Fund is the only fund that would report a positive amount in unassigned fund balance. For all governmental funds other than the General Fund, unassigned fund balance would necessarily be negative, since the fund's liabilities and deferred inflows of resources, together with amounts already classified as nonspendable, restricted and committed would exceed the fund's assets and deferred outflows of resources. In order to calculate the amounts to report as restricted and unrestricted fund balance in the governmental fund financial statements, a flow assumption must be made about the order in which the resources are considered to be applied. When both restricted and unrestricted 37 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 1 -Summary of Significant Accounting Policies (Continued) amounts of fund balance are available for use for expenditures incurred, it is the Town's policy to use restricted amounts first and then unrestricted amounts as they are needed. For unrestricted amounts of fund balance, it is the Town's policy to use fund balance in the following order: committed, assigned and unassigned. F. Encumbrances In governmental funds, encumbrance accounting, under which purchase orders, contracts and other commitments for the expenditure of monies are recorded in order to reserve applicable appropriations, is generally employed as an extension of formal budgetary integration in the General, Town Outside Villages, Highway, Special Districts and Tri-Municipal Cable TV funds. Encumbrances outstanding at year-end are generally reported as assigned fund balance since they do not constitute expenditures or liabilities. G. Use of Estimates The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, deferred outflows of resources, liabilities and deferred inflows of resources and disclosures of contingent assets and liabilities at the date of the financial statements. Estimates also affect the reported amounts of revenues and expenditures/expenses during the reporting period. Actual results could differ from those estimates. H. Subsequent Events Evaluation by Management Management has evaluated subsequent events for disclosure and/or recognition in the financial statements through the date that the financial statements were available to be issued, which date is April 26, 2019. Note 2 -Stewardship, Compliance and Accountability A. Budgetary Data The Town generally follows the procedures enumerated below in establishing the budgetary data reflected in the financial statements: a) Prior to October 20th, the head of each administrative unit shall submit to the budget officer an estimate of revenues and expenditures for such administrative unit for the ensuing year. b) The budget officer, upon completion of the review of the estimates, shall prepare a tentative 1 budget and file such budget in the office of the Town Clerk on or before October 30th. c) On or before November 10th, the Town Clerk shall present the tentative budget to the Town Board. d) The Town Board shall review the tentative budget and may make such changes, alterations and revisions as it shall consider advisable and which are consistent with law. Upon completion of such review, the tentative budget and any modifications as approved by the Town Board shall become the preliminary budget. 38 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 2 - Stewardship, Compliance and Accountability (Continued) I e) On or before December 10th, the Town Board shall hold a public hearing on the preliminary budget. f) After the public hearing, the Town Board may further change, alter and revise the preliminary budget subject to provisions of the law. g) The preliminary budget as submitted or amended shall be adopted by resolution no later than December 20th. h) Formal budgetary integration is employed during the year as a management control device for General, Town Outside Villages, Highway. Special Districts, Tri-Municipal Cable TV and Debt Service funds. i) Budgets for General. Town Outside Villages, Highway, Special Districts, Tri-Municipal Cable TV and Debt Service funds are legally adopted annually on a basis consistent with generally accepted accounting principles. The Capital Projects Fund is budgeted on a project basis. Annual budgets are not adopted by the Town Board for the Section 8 Housing Assistance and Special Purpose funds. j) The Town Board has established legal control of the budget at the function level of expenditures. Transfers between appropriation accounts, at the function level, require approval by the Town Board. Any modifications to appropriations resulting from an increase in revenue estimates or supplemental reserve appropriations also require a majority vote by the Board. k) Appropriations in General, Town Outside Villages, Highway, Special Districts, Tri-Municipal Cable TV and Debt Service funds lapse at the end of the fiscal year, except that outstanding encumbrances are reappropriated in the succeeding year pursuant to the Uniform System of Accounts promulgated by the Office of the State Comptroller. Budgeted amounts are as originally adopted, or as amended by the Town Board. B. Property Tax Limitation The Town is not limited as to the maximum amount of real property taxes which may be raised. However, on June 24, 2011, the Governor signed Chapter 97 of the Laws of 2011 ("Tax Levy Limitation Law"). This applies to all local governments. The Tax Levy Limitation Law restricts the amount of real property taxes that may be levied by a Town in a particular year. The original legislation that established the Tax levy Limitation Law was set to expire on June 16, 2016. Chapter 20 of the Laws of 2015 extends the Tax Levy Limitation Law through June 2020. The following is a brief summary of certain relevant provisions of the Tax Levy Limitation Law. The summary is not complete and the full text of the Tax Levy Limitation Law should be read in order to understand the details and implementations thereof. The Tax Levy Limitation Law imposes a limitation on increases in the real property tax levy, subject to certain exceptions. The Tax Levy Limitation Law permits the Town to increase its overall real property tax levy over the tax levy of the prior year by no more than the "Allowable Levy Growth 39 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 2 - Stewardship, Compliance and Accountability (Continued) Factor," which is the lesser of one and two-one hundredths or the sum of one plus the Inflation Factor; provided, however that in no case shall the levy growth factor be less than one. The "Inflation Factor" is the quotient of: (i) the average of the 20 National Consumer Price Indexes determined by the United States Department of Labor for the twelve-month period ending six months prior to the start of the coming fiscal year minus the average of the National Consumer Price Indexes determined by the United States Department of Labor for the twelve-month period ending six months prior to the start of the prior fiscal year, divided by (ii)the average of the National Consumer Price Indexes determined by the United States with the result expressed as a decimal to four places. The Town is required to calculate its tax levy limit for the upcoming year in accordance with the provision above and provide all relevant information to the New York State Comptroller prior to adopting its budget. The Tax Levy Limitation Law sets forth certain exclusions to the real property tax levy limitation of the Town, including exclusions for certain portions of the expenditures for retirement system contributions and tort judgments payable by the Town. The Town Board may adopt a budget that exceeds the tax levy limit for the coming fiscal year, only if the Town Board first enacts, by a vote of at least sixty percent of the total voting power of the Town Board, a local law to override such limit for such coming fiscal year. C. Cumulative Effect of Change in Accounting Principle For the year ended December 31, 2018, the Town implemented GASB Statement No. 75, "Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions ("OPEB")". This statement addresses accounting and financial reporting for OPEB that is provided to the employees of state and local governments by establishing standards for recognizing and measuring liabilities, deferred outflows/inflows of resources and expenses/expenditures. This statement identifies the methods and assumptions that are required to be used to project benefit payments, discount projected benefit payments to their actuarial present value and attribute that present value to the periods of employee service. As a result of adopting these standards, the district-wide financial statements reflect a cumulative effect for the change in accounting principle of $(54,458,738). D. Expenditures in Excess of Budget The following functional expenditure categories exceed their budgetary authorization by the amounts indicated: General Fund General Government Support Town Board $ 1,108 Supervisor 5,529 Finance 4,734 Assessor 34,206 40 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 2 - Stewardship, Compliance and Accountability (Continued) General Government Support (Cont'd) Town Clerk $ 6,581 Town Attorney 21,540 Personnel 51,468 Engineer 44,873 Elections 3 Town Center 16,108 Central communications 10,171 Municipal association dues 875 Taxes on Town property 5,496 Judgments and claims 58,512 Unallocated insurance 16,023 Metropolitan commuter transportation mobility tax 105 Credit card fees 9,567 Health Narcotics Guidance Council 4,206 Culture and Recreation Ice rink 10,268 Employee Benefits State retirement 21,109 Social security 13,857 Life insurance 181 Hospital and medical insurance 5,531 Town Outside Villages Fund General Government Support Unallocated insurance 15,057 Judgments and claims 61,519 Credit card fees 2,042 Home and Community Services Planning board 708 Employee Benefits Unemployment benefits 1,524 Special Districts Fund Public safety 15,743 Transportation 30,067 Tri-Municipal Cable T.V. Fund General Government Support 97,286 Debt Service Fund Serial bonds - Principal 105,000 41 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 2 - Stewardship, Compliance and Accountability (Continued) E. Capital Projects Fund Deficits Deficits in individual projects arise because of expenditures exceeding current financing on the projects. These deficits will be eliminated with the subsequent receipt or issuance of authorized financing. F. Excess of Actual Expenditures Over Budget—Capital Projects Fund The following capital projects exceeded their budgetary authorization by the amounts indicated below: Water Capital Improvement 2016-12 $ 407,398 Parking Lot Town Center 2016-48 203,659 Computer Software 2017-19 39,329 Computer Hardware 2017-20 33,310 Fire Building Improvements 2017-29 167,038 Note 3 - Detailed Notes on All Funds A. Taxes Receivable Taxes receivable at December 31, 2018 consisted of the following: Town and County taxes- Current $ 260,044 School districts taxes - Current 46,428,421 Tax liens 1,812,593 48,501,058 Allowance for uncollectible amounts (1,160,213) $ 47,340,845 School districts taxes are offset by liabilities to the school districts, which will be paid no later than April 5, 2019. Taxes receivable are also partially offset by deferred tax revenues of$766,978 which represents an estimate of the taxes receivable which will not be collected within the first sixty days of the subsequent year. 42 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) B. Due From/To Other Funds The balances reflected as due from/to other funds at December 31, 2018 were as follows: Due Due Fund From To General $ 170,779 $ 372,776 Town Outside Villages 1,207 61,934 Highway 65,107 179,358 Special Districts 39,642 1,535,815 Section 8 Housing Assistance - 163,389 Capital Projects 2,127,885 896,233 Non-Major Governmental 804,885 - $ 3,209,505 $ 3,209,505 The outstanding balances between funds results mainly from the time lag between the dates that 1) interfund goods and services are provided or reimbursable expenditures occur, 2) transactions are recorded in the accounting system and 3) payments between funds are made. C. Capital Assets Changes in the Town's capital assets are as follows: Balance Balance January 1, December 31, 2018 Additions Deletions 2018 Capital Assets, not being depreciated: Land $ 4,031,660 $ - $ - $ 4,031,660 Construction-in-progress 7,124,499 3,161,592 5,876,428 4,409,663 Total Capital Assets, not being depreciated $ 11,156,159 $ 3,161,592 $ 5,876,428 $ 8,441,323 Capital Assets, being depreciated: Buildings and improvements $ 25,007,660 $ 452,230 $ - $ 25,459,890 Machinery and equipment 13,666,618 1,085,237 377,172 14,374,683 Infrastructure 33,961,561 6,317,417 - 40,278,978 Total Capital Assets, being depreciated 72,635,839 7,854,884 377,172 80,113,551 Less Accumulated Depreciation for: Buildings and improvements 7,427,776 691,553 - 8,119,329 Machinery and equipment 9,385,414 898,366 377,172 9,906,608 Infrastructure 19,253,054 770,343 - 20,023,397 Total Accumulated Depreciation 36,066,244 2,360,262 377,172 38,049,334 Total Capital Assets, being depreciated, net $ 36,569,595 $ 5,494,622 $ - $ 42,064,217 Capital Assets, net $ 47,725,754 $ 8,656,214 $ 5,876,428 $ 50,505,540 43 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) Depreciation expense was charged to the Town's functions and programs as follows: General Government Support $ 289,987 Public Safety 427,142 Transportation 1,072,139 Economic Opportunity and Development 86,002 Culture and Recreation 288,674 Home and Community Services 196,318 Total Depreciation Expense $ 2,360,262 Capital Assets - Component Unit Changes in the Housing Authority's capital assets are as follows: Balance Balance January 1, December 31, 2018 Additions 2018 Capital Assets, being depreciated: Buildings and improvements $ 6,704,700 $ - $ 6,704,700 Machinery and equipment 741,480 - 741,480 Total Capital Assets, being depreciated 7,446,180 - 7,446,180 Less Accumulated Depreciation for: Buildings and improvements 3,392,966 246,689 3,639,655 Machinery and equipment 473,349 59,911 533,260 Total Accumulated Depreciation 3,866,315 306,600 4,172,915 Total Capital Assets, being depreciated, net $ 3,579,865 $ (306,600) $ 3,273,265 D. Accrued Liabilities Accrued Liabilities at December 31, 2018 were as follows: Fund Special General Highway Districts Total Payroll and Employee Benefits $ 38,147 $ 11,450 $ 51,393 $ 100,990 E. Joint Ventures The Town and the Village of Larchmont ("Village") participate in the Larchmont-Mamaroneck Joint Garbage Disposal Commission. The purpose of the joint venture is to provide incineration of garbage and refuse from the Village and the Town Garbage District. 44 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) The following is an audited summary of the financial information included in the financial statements of the joint venture. Balance Sheet Date— December 31, 2017* Total Assets $ 2,349,770 Total Liabilities 4,762,896 Net Position (Deficit) (2,413,126) Total Revenues 3,682,277 Total Expenditures 4,316,563 Decrease in Net Position (634,286) *The December 31, 2018 information is not available. The Town, together with the Village of Mamaroneck and the TownNillage of Harrison, participate in the Westchester Joint Water Works. The purpose of the joint venture is to acquire, construct, provide, maintain and operate a water works system. The following is an audited summary of special purpose financial information included in the financial statements of the joint venture. Balance Sheet Date - December 31, 2018 Total Assets $ 15,068,891 Total Liabilities 57,524,990 Net Deficit (42,456,099) Total Revenues 27,316,318 Total Expenses 27,428,756 Net Decrease in Net Assets (112,438) The Town, together with the Villages of Mamaroneck and Larchmont, formed the Tri-Municipal Larchmont-Mamaroneck Cable TV Board of Control. The Board was organized to administer the franchise agreement with Verizon and UA-Columbia Cablevision of Westchester. The franchise fees received are used to operate three public cable TV channels, serving the community interests of Larchmont and Mamaroneck. The following is an audited summary of financial information included in the financial statements of the Larchmont-Mamaroneck Community Television joint venture. Balance Sheet Date - December 31, 2018 Total Assets $ 107,351 Total Liabilities 5,527 Net Assets 101,824 Total Revenues 768,092 Total Expenses 756,602 Net Increase in Net Assets 11,490 45 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) F. Long-Term Liabilities The following table summarizes changes in the Town's long-term indebtedness for the year ended December 31, 2018: Cumulative Balance Effect of Balance as Reported Change in as Restated Maturities Balance January 1, Accounting January 1, New Issues/ and/or December 31, Due within 2018 Principle* 2018 Additions Payments 2018 One Year Governmental Activities Bonds Payable $ 30,785,000 $ - $ 30,785,000 $ 7,215,500 $ 2,460,000 $ 35,540,500 $ 2,420,500 Plus Unamortized premum on bonds 96,753 - 96,753 404,266 33,842 467,177 - 30,881,753 - 30,881,753 7,619,766 2,493,842 36,007,677 2,420,500 Installment Purchase Debt Payable 58,602 - 58,602 - 29,300 29,302 29,302 Other Non-Current Liabilities Compensated Absences 513,370 - 513,370 67,929 51,000 530,299 53,000 Net Pension Liability 5,318,690 - 5,318,690 - 3,073,120 2,245,570 - Total Pension Liability-Length of service award program 1,642,414 - 1,642,414 - 34,221 1,608,193 - Other Post Employment Benefit Obligations Payable 30,640,000 54,458,738 85,098,738 - 3,043,293 82,055,445 - Total Other Non-Current Liabilities 38,114,474 54,458,738 92,573,212 67,929 6,201,634 86,439,507 53,000 Governmental Activities Long-Term Liabilities $ 69,054,829 $ 54,458,738 $ 123,513,567 $ 7,687,695 $ 8,724,776 $ 122,476,486 $ 2,502,802 Mamaroneck Housing Authority Component Unit Revenue Bonds Payable $ 1,640,000 $ - $ 1,640,000 $ - $ 280,000 $ 1,360,000 $ 285,000 Plus Unamortized premum on bonds 24,468 - 24,468 - 6,991 17,477 - 1,664,468 - 1,664,468 - 286,991 1,377,477 285,000 Deferred Rent Payable 242,988 - 242,988 - 33,909 209,079 - Component Unit- Long-Term Liabilities $ 1,907,456 $ - $ 1,907,456 $ - $ 320,900 $ 1,586,556 $ 285,000 *See Note 2C. Each governmental fund's liability for compensated absences, net pension liability, total pension liability and other post employment benefit obligations payable are liquidated by the respective fund. Governmental liabilities for bonds are liquidated by the Debt Service Fund, which is funded by the General, Town Outside Villages, Highway and Special Districts funds. Governmental liabilities for installment purchase debt are liquidated by the Special Districts Fund -Ambulance District. 46 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) Bonds Payable Bonds payable at December 31, 2018 are comprised of the following individual issues: Amount Outstanding Original at Year of Issue Final Interest December 31, Purpose Issue Amount Maturity Rates 2018 Fire District Improvements 2007 $ 460,000 October, 2022 4.30-4.375 % $ 150,000 Public Improvements 2009 4,170,000 March, 2029 3.25-4.125 195,000 Public Improvements 2013 4,158,000 May, 2028 2.00-2.500 2,915,000 Fire District Improvements 2013 996,000 May, 2026 2.590 650,000 Refunding Bonds 2013 2,630,000 June, 2019 3.000 250,000 Public Improvements 2014 8,860,000 July, 2033 2.00-3.250 7,270,000 Public Improvements 2016 2,185,000 July, 2031 2.00-3.000 1,915,000 Public Improvements 2016 8,990,845 October, 2036 2.00-2.300 8,210,000 Refunding Bonds 2017 7,040,000 March, 2030 2.00-2.350 6,770,000 Public Improvements 2018 5,815,500 December, 2038 3.00- 5.000 5,815,500 Fire District Improvements 2018 1,400,000 December, 2038 3.00-5.000 1,400,000 $ 35,540,500 Interest expenditures of$646,702 were recorded in the fund financial statements in the Debt Service Fund. Interest expense of $634,616 was recorded in the government-wide financial statements for governmental activities. Installment Purchase Debt Payable The Town has entered into an agreement to finance the cost of purchasing certain equipment. The lease meets the criteria of a capital lease. The terms of the agreements provide for repayment in annual installments, through 2019, including interest at 0.21%. Interest expenditures of $183 were recorded in the fund financial statements in the Special Districts Fund -Ambulance District and in the Government-Wide financial statements. The balance due at December 31, 2018 was $29,302. Payments to Maturity The annual requirements to amortize all bonded debt and installment purchase debt outstanding as of December 31, 2018 including interest payments of$7,990,776 are as follows: Year Ending Bonds Installment Purchase Debt Total December 31, Principal Interest Principal Interest Principal Interest 2019 $ 2,420,500 $ 909,791 $ 29,302 $ 183 $ 2,449,802 $ 909,974 2020 2,210,000 859,423 - - 2,210,000 859,423 2021 2,255,000 803,860 - - 2,255,000 803,860 2022 2,310,000 747,068 - - 2,310,000 747,068 2023 2,305,000 688,896 - - 2,305,000 688,896 2024-2028 11,945,000 2,528,504 - - 11,945,000 2,528,504 2029-2033 8,295,000 1,161,368 - - 8,295,000 1,161,368 2034-2038 3,800,000 291,683 - - 3,800,000 291,683 $ 35,540,500 $ 7,990,593 $ 29,302 $ 183 $ 35,569,802 $ 7,990,776 47 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) The above general obligation bonds are direct obligations of the Town for which its full faith and credit are pledged and are payable from taxes levied on all taxable real property within the Town. Indebtedness -Component Units Bonds payable at December 31, 2018 is comprised of the following: Amount Outstanding Original at Year of Issue Final Interest December 31, Purpose Issue Amount Maturity Rates 2018 Hommocks Park Apartments Refunding Revenue Bonds, Series A 2015 $ 1,535,000 August, 2021 2.00% $ 785,000 Hommocks Park Apartments, Series B 2015 650,000 October, 2035 3.0% -3.50% 575,000 $ 1,360,000 The annual requirements to amortize the bonds outstanding as of December 31, 2018 including interest payments of$204,820 are as follows: Year Ending December 31, Principal Interest Total 2019 $ 285,000 $ 33,494 $ 318,494 2020 290,000 27,494 317,494 2021 300,000 21,394 321,394 2022 30,000 15,094 45,094 2023 30,000 14,194 44,194 2024-2028 160,000 57,319 217,319 2029-2033 185,000 31,681 216,681 2034-2035 80,000 4,150 84,150 $ 1,360,000 $ 204,820 $ 1,564,820 Interest expense of$42,811 was recorded for the Housing Authority. The revenue bonds are payable from the revenues received by the Housing Authority from the operation of the project. The Town has guaranteed payment of bond principal and interest. The bonds are subject to redemption prior to maturity, at the direction of the Housing Authority and with the consent of the Town, upon the occurrence of one or more of the following events. 1) The Project is damaged or destroyed to the extent that; a) it cannot be reasonably repaired within a six month period or b)the Housing Authority would thereby be prevented from carrying on the normal rental operations of the project, as it existed prior to the damage, for a period of six months or more. 48 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) 2) Title to, or the use of or possession of, all or substantially the entire project is condemned or taken under the exercise of the power of eminent domain by any governmental authority. Under this extraordinary redemption provision, the bonds are subject to redemption as a whole at any time, but not in part, at a redemption price equal to 100% of the outstanding principal amount thereof without discount, together with accrued interest to the date of redemption. At the option of the Housing Authority, the 2015 Series B bonds maturing on or after October 15, 2024 will be subject to redemption prior to maturity on any date on or after October 15, 2023. The bonds may be redeemed either as a whole or in part and if in part in order of maturity and in any amount within maturity, at the following redemption prices, plus accrued interest to the date of redemption. Redemption Period Redemption Price (Dates Inclusive) as a Percentage of Par October 15, 2024 100% Deferred Rent Payable The Housing Authority leases the land on which the facility is located from the Town. The terms of the lease is 30 years and six months which commenced in July 1995 and expires in December 2023. The rent was $1 for the period July 1, 1995 through June 30, 1996. Beginning July 1, 1996, the rent was increased to $125,000 per year and shall increase by 11/2 % on each July 1st, thereafter, during the term of the lease. For financial statement purposes, rent expense is being recognized on the straight-line basis over the life of the lease in accordance with GASB guidance. For the year ended December 31, 2017, rent expense of $138,195 was charged to operations. Deferred rent payable represents the difference between rent paid or accrued per the terms of the ground lease and what the rent would have been if recorded on the straight-line basis over the life of the lease. At December 31, 2018, deferred rent payable was $209,079. Compensated Absences Pursuant to its collective bargaining agreements, the Town is required to pay its civil service employees for accumulated sick leave upon retirement. The contract provides for the payment of $75 per day for those days earned in excess of 165 days but not more than 240 days. Maximum number of days to be paid will be 75 days. The contract also provides for these employees to be compensated at their regular rate of pay for unused vacation time upon separation of employment up to a maximum of 30 days. No payment is provided for unused sick leave or vacation time for police and fire employees. The value of compensated absences has been reflected in the government-wide financial statements. 49 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) Pension Plans New York State and Local Retirement System The Town participates in the New York State and Local Employees' Retirement System ("ERS") and the New York State and Local Police and Fire Retirement System ("PFRS") which are collectively referred to as the New York State and Local Retirement System ("System"). These are cost-sharing, multiple-employer defined benefit pension plans. The System provides retirement benefits as well as death and disability benefits. The net position of the System is held in the New York State Common Retirement Fund ("Fund"), which was established to hold all net assets and record changes in plan net position. The Comptroller of the State of New York serves as the trustee of the Fund and is the administrative head of the System. The Comptroller is an elected official determined in a direct statewide election and serves a four year term. Obligations of employers and employees to contribute and benefits to employees are governed by the New York State Retirement and Social Security Law ("NYSRSSL"). Once a public employer elects to participate in the System, the election is irrevocable. The New York State Constitution provides that pension membership is a contractual relationship and plan benefits cannot be diminished or impaired. Benefits can be changed for future members only by enactment of a State statute. The Town also participates in the Public Employees' Group Life Insurance Plan, which provides death benefits in the form of life insurance. The System is included in the State's financial report as a pension trust fund. That report, including information with regard to benefits provided may be found at www.osc.state.ny.us/retire/publications/index.php or obtained by writing to the New York State and Local Retirement System, 110 State Street, Albany, NY 12244. The System is noncontributory except for employees who joined after July 27, 1976, who contribute 3% of their salary for the first ten years of membership, and employees who joined on or after January 1, 2010, who generally contribute between 3% and 6% of their salary for their entire length of service. Under the authority of the NYSRSSL, the Comptroller annually certifies the actuarially determined rates expressly used in computing the employers' contributions based on salaries paid during the System's fiscal year ending March 31. The employer contribution rates for the plan's year ending in 2018 are as follows: Tier/Plan Rate ERS 2 751 19.6% 3 A14 15.8 4 A15 15.8 5 A15 13.0 6 A1541J1 9.3 6 A15 41 J2 9.3 PFRS 2 384D 24.0 5 384D * 19.4 5 384D 22.9 6 384D * 14.4 * Indicates employees are required to make a contribution for this PFRS tier/plan. 50 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) At December 31, 2018, the Town reported the following for its proportionate share of the net pension liability for ERS and PFRS: ERS PFRS Measurement date March 31, 2018 March 31, 2018 Net pension liability $ 703,029 $ 1,542,541 Town's proportion of the net pension liability 0.0217828% 0.1526125% Change in proportion since the prior measurement date (0.0011395%) (0.0000838%) The net pension liability was measured as of March 31, 2018 and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The Town's proportion of the net pension liability was based on a computation of the actuarially determined indexed present value of future compensation by employer relative to the total of all participating members. For the year ended December 31, 2018, the Town recognized pension expense in the government- wide financial statements of $902,895 for ERS and $1,523,724 for PFRS. Pension expenditures of$963,051 for ERS and $1,422,448 for PFRS were recorded in the fund financial statements and were charged to the following funds: ERS PFRS General Fund $ 526,109 $ - Town Outside Villages 72,172 1,095,285 Highway 269,654 - Special Districts 95,116 327,163 Total $ 963,051 $ 1,422,448 At December 31, 2018, the Town reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: ERS PFRS Total Deferred Deferred Deferred Deferred Deferred Deferred Outflows Inflows Outflows Inflows Outflows Inflows of Resources of Resources of Resources of Resources of Resources of Resources Differences between expected and actual experience $ 250,748 $ 207,208 $ 634,894 $ 409,888 $ 885,642 $ 617,096 Changes of assumptions 466,166 - 1,168,754 - 1,634,920 Net difference between projected and actual earnings on pension plan investments 1,021,093 2,015,536 1,248,506 2,514,423 2,269,599 4,529,959 Changes in proportion and differences between Town contributions and proportionate share of contributions 182,798 64,790 209,962 105,792 392,760 170,582 Town contributions subsequent to the measurement date 725,127 - 1,071,577 - 1,796,704 $ 2,645,932 $ 2,287,534 $ 4,333,693 $ 3,030,103 $ 6,979,625 $ 5,317,637 51 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) $725,127 and $1,071,577 reported as deferred outflows of resources related to ERS and PFRS, respectively, resulting from the Town's accrued contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended March 31, 2019. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to ERS and PFRS will be recognized in pension expense as follows: Year Ended March 31, ERS PFRS 2019 $ 203,465 $ 366,052 2020 138,680 330,793 2021 (478,045) (333,560) 2022 (230,829) (204,308) 2023 - 73,036 The total pension liability for the ERS and PFRS measurement date was determined by using an actuarial valuation date as noted below, with update procedures used to roll forward the total pension liabilities to that measurement date. Significant actuarial assumptions used in the valuation were as follows: ERS PFRS Measurement date March 31, 2018 March 31, 2018 Actuarial valuation date April 1, 2017 April 1, 2017 Investment rate of return 7.0% * 7.0% * Salary scale 3.8% 4.5% Inflation rate 2.5% 2.5% Cost of living adjustments 1.3% 1.3% *Compounded annually, net of pension plan investment expenses, including inflation. Annuitant mortality rates are based on the System's experience with adjustments for mortality improvements based on Society of Actuaries Scale MP-2014. The actuarial assumptions used in the valuation are based on the results of an actuarial experience study for the period April 1, 2010 - March 31, 2015. The long-term expected rate of return on pension plan investments was determined using a building-block method in which best estimate ranges of expected future real rates of return (expected return, net of investment expenses and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. The target allocation and best estimates of arithmetic real rates of return for each major asset class are summarized below. 52 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) Long-Term Expected Target Real Rate Asset Type Allocation of Return Domestic Equity 36 % 4.55 % International Equity 14 6.35 Private Equity 10 7.50 Real Estate 10 5.55 Absolute Return Strategies 2 3.75 Opportunistic Portfolio 3 5.68 Real Assets 3 5.29 Bonds and Mortgages 17 1.31 Cash 1 (0.25) Inflation Indexed Bonds 4 1.25 100 % The real rate of return is net of the long-term inflation assumption of 2.5%. The discount rate used to calculate the total pension liability was 7.0%. The projection of cash flows used to determine the discount rate assumes that contributions from plan members will be made at the current contribution rates and that contributions from employers will be made at statutorily required rates, actuarially determined. Based upon those assumptions, the System's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. The following presents the Town's proportionate share of the net pension liability calculated using the discount rate of 7.0%, as well as what the Town's proportionate share of the net pension liability (asset) would be if it were calculated using a discount rate that is 1 percentage point lower (6.0%) or 1 percentage point higher (8.0%) than the current rate: 1% Current 1% Decrease Assumption Increase (6.0%) (7.0%) (8.0%) Town's proportionate share of the ERS net pension liability (asset) $ 319,304 $ 703,029 $ (3,202,156) Town's proportionate share of the PFRS net pension liability (asset) $ 7,555,783 $ 1,542,541 $ (3,501,159) 53 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) The components of the collective net pension liability as of the March 31, 2017 measurement date were as follows: ERS PFRS Total Total pension liability $ 183,400,590,000 $ 32,914,423,000 $ 216,315,013,000 Fiduciary net position 180,173,145,000 31,903,666,000 212,076,811,000 Employers' net pension liability $ 3,227,445,000 $ 1,010,757,000 $ 4,238,202,000 Fiduciary net position as a percentage of total pension liability 98.24% 96.93% 98.04% Employer contributions to ERS and PFRS are paid annually and cover the period through the end of the System's fiscal year, which is March 31St. Retirement contributions as of December 31, 2018 represent the employer contribution for the period of April 1, 2017 through December 31, 2018 based on prior year ERS and PFRS wages multiplied by the employers' contribution rate, by tier. Retirement contributions to ERS and PFRS for the nine months ended December 31, 2018 were $725,127 and $1,071,577, respectively. Voluntary Defined Contribution Plan The Town can offer a defined contribution plan to all non-union employees hired on or after July 1, 2013 and earning at the annual full-time salary rate of$75,000 or more. The employee contribution is between 3% and 6%depending on salary and the Town will contribute 8%. Employer contributions vest after 366 days of service. No current employees participated in this program. Defined Benefit- Fire Service Awards Program The Town's financial statements are for the year ended December 31, 2018. The information contained in this note is based on information for the Town of Mamaroneck Fire District Length of Service Awards Program for the program year ending on December 31, 2018, which is the most recent program year for which complete information is available. The Program is accounted for in the Town's financial statements within the Fire Protection District Fund. Plan description The Town of Mamaroneck Fire District established a defined benefit Service Award Program (referred to as a "LOSAP" - Length Of Service Awards Program - under Section 457(e)(11) of the Internal Revenue Code) effective January 1, 1999 for the active volunteer firefighter members of the Town of Mamaroneck Fire District. This is a single employer defined benefit plan. The Program was established pursuant to Article 11-A of the New York State General Municipal Law. The Program provides municipally-funded deferred compensation to volunteer firefighters to facilitate the recruitment and retention of active volunteer firefighters. The Town of Mamaroneck Fire District is the Sponsor of the Program and the Program administrator. 54 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) An eligible Program Participant is defined to be an active volunteer firefighter who is at least 18 years of age and has earned one year of Service Award Program Service Credit. An active volunteer firefighter earns a year of Service Credit for each calendar year after the establishment of the Program in which he or she accumulates 50 points. Points are granted for the performance of certain firefighter activities in accordance with a system established by the Sponsor on the basis of a statutory list of activities and point values. A Participant may also receive Service Credit for five years of active volunteer firefighting service rendered prior to the establishment of the Program. Participants acquire a non-forfeitable right to be paid a Service Award after earning five years of Service Credit, becoming totally and permanently disabled, dying while an active volunteer or upon attaining the Program's Entitlement Age while an active volunteer. The Program's Entitlement Age is age 60, and is the age at which benefits begin to be paid to Participants. Benefits provided A Participant's Service Award benefit is paid as a ten-year certain and continuous monthly payment life annuity. The amount payable each month equals $20 multiplied by the total number of years of Service Credit earned by the Participant. The maximum number of years of Service Credit a Participant may earn under the Program is 40 years. Currently, there are no other forms of payment of a volunteer's earned Service Award under the Program. Except in the case of pre-Entitlement Age death or total and permanent disablement, a Participant's Service Award will not be paid until he or she attains the Entitlement Age. Volunteers who are active after attaining the Entitlement Age and who may have commenced receiving a Service Award have the opportunity to earn Service Credit and, thereby, increase their Service Award payments. The pre-Entitlement Age death and disability benefit is equal to the actuarial value of the Participant's earned Service Award at the time of death or disablement. Program does not provide extra line-of- duty death or disability benefits. All death and disability benefits are self-insured and are paid from the Program Trust Fund. Active Members 49 Vested-Terminated 18 Retired and Beneficiaries - Total 67 Contributions New York State General Municipal Law §219(d) requires the District to contribute an actuarially determined contribution on an annual basis. The actuarially determined contribution shall be appropriated annually by the District. Measurement of Total Pension Liability The total pension liability at the December 31, 2018 measurement date was determined using an actuarial valuation as of that date. 55 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) Actuarial Assumptions. The total pension liability in the December 31, 2018 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement: Actuarial Cost Method: Entry Age Normal Inflation: 0.0% Salary Scale: None assumed Mortality rates: Non pre-retirement mortality; post retirement RP2000 projected to 2030 Discount Rate. The discount rate used to measure the total pension liability was 3.71%, which is based on the 20-year AA general obligation bond rate as of plan year end. Trust Assets. Although assets have been accumulated in an irrevocable trust such that the assets are dedicated to providing pensions to plan members in accordance with benefit terms, the trust assets are not legally protected from creditors of the District. As such, the trust assets do not meet the criteria in paragraph 4 of GASB Statement No. 73. The trust assets are recorded in the General fund as investments and as a component of Restricted fund balance. Changes in the Total Pension Liability Balance as of 1/1/18 measurement date $ 1,642,414 Service cost 61,843 Interest 60,525 Differences between expected and actual experience 22,197 Changes in assumptions (148,536) Benefit payments and expenses (30,250) Balance as of 12/31/18 measurement date $ 1,608,193 Sensitivity of the Total Pension Liability to changes in the discount rate. The following presents the total pension liability of the District as of the December 31, 2018 measurement date, calculated using the discount rate of 3.71 percent, as well as what the District's total pension liability would be if it were calculated using a discount rate that is 1-percentage point lower(2.71%) or 1-percentage point higher (4.71%) than the current rate: 1% Current 1% Decrease Assumption Increase (2.71%) (3.71%) (4.71%) Total Pension Liability $ 1,721,774 $ 1,608,193 $ 1,492,096 56 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions For the year ended December 31, 2018, the District recognized pension expense of $125,621. At December 31, 2018, the District reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Deferred Outflows Inflows of Resources of Resources Changes of assumptions or other inputs $ 158,060 $ 132,032 Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows: Year Ended December 31, 2019 $ 3,253 2020 3,253 2021 3,253 2022 3,253 2023 3,253 Thereafter 9,763 Other Post Employment Benefit Obligations ("OPEB") In addition to providing pension benefits, the Town provides certain health care benefits for retired employees through a single employer defined benefit OPEB plan. The various collective bargaining agreements stipulate the employees covered and the percentage of contribution. Contributions by the Town may vary according to length of service. The cost of providing post employment health care benefits is shared between the Town and the retired employee as noted below. Substantially all of the Town's employees may become eligible for those benefits if they reach normal retirement age while working for the Town. No assets are accumulated in a trust that meets the criteria in paragraph 4 of GASB Statement No. 75, "Accounting and Financial Reporting for Postemployment Benefits Other than Pensions", so the net OPEB liability is equal to the total OPEB liability. Separate financial statements are not issued for the plan. At December 31, 2018, the following employees were covered by the benefit terms: Inactive employees currently receiving benefit payments 130 Active employees 134 264 57 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) The Town's total OPEB liability of$82,055,445 was measured as of December 31, 2018, and was determined by an actuarial valuation as of January 1, 2018. The total OPEB liability in the January 1, 2018 actuarial valuation was determined using the following actuarial assumptions and other inputs, applied to all periods included in the measurement, unless otherwise specified: Inflation 3.00% Salary increases 3.00% Discount rate 3.64% Healthcare cost trend rates 8.0% for 2019, decreasing by .5% per year to an ultimate rate of 5.0% Retirees' share of benefit-related costs Varies from 2% to 100%, depending on applicable retirement year and bargaining unit The discount rate was based on S&P 20-year AA Municipal Bond Index. Mortality rates were based on the sex-distinct RP-2014 Mortality Tables for employees and healthy annuitants, adjusted backward to 2006 with scale MP-2014, and then adjusted for mortality improvements with scale MP-2018 mortality improvement scale on a fully generational basis. The actuarial assumptions used in the January 1, 2017 valuation for turnover and retirement for ERS and PFRS were based on the April 1, 2010 to March 31, 2015 experience study released by the Retirement Systems Actuary and published in their August 2015 report. The Town's change in the total OPEB liability for the year ended December 31, 2018 is as follows: Total OPEB Liability - Beginning of Year $ 85,098,738 Service cost 2,209,552 Interest 3,049,245 Differences between expected and actual experience (5,645,533) Benefit payments (2,656,557) Total OPEB Liability - End of Year $ 82,055,445 The following presents the total OPEB liability of the Town, as well as what the Town's total OPEB liability would be if it were calculated using a discount rate that is 1 percentage point lower(2.64%) or 1 percentage point higher (4.64%) than the current discount rate: 1% Current 1% Decrease Assumption Increase (2.64%) (3.64%) (4.64%) Total OPEB Liability $ 94,417,630 $ 82,055,445 $ 69,693,260 58 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) The following presents the total OPEB liability of the Town, as well as what the Town's total OPEB liability would be if it were calculated using healthcare cost trend rates that are 1 percentage point lower(7.0% decreasing to 4.0%) or 1 percentage point higher (9.0% decreasing to 6.0%) than the current healthcare cost trend rates: Healthcare 1% Cost Trend 1% Decrease Rates Increase (7.0% decreasing (8.0% decreasing (9.0% decreasing to 4.0%) to 5.0%) to 6.0%) Total OPEB Liability $ 68,830.532 $ 82,055.445 $ 97.621,053 For the year ended December 31, 2018, the Town recognized OPEB expense of$4,317,875 in the government-wide financial statements. At December 31, 2018, the Town reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following sources: Deferred Deferred Outflows Inflows of Resources of Resources Changes of assumptions or other inputs $ - $ - Differences between expected and actual experience - 4,704,611 $ - $ 4,704,611 Amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in OPEB expense as follows: Year Ended December 31, 2019 $ (940,922) 2020 (940,922) 2021 (940,922) 2022 (940,922) 2023 (940,923) 59 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) G. Revenues and Expenditures Interfund Transfers Interfund transfers are defined as the flow of assets, such as cash or goods and services, without the equivalent flow of assets in return. The interfund transfers reflected below have been reflected as transfers: Transfers In Town Outside Special Capital Non-Major General Villages Highway Districts Projects Governmental Transfers Out Fund Fund Fund Fund Fund Funds Total General Fund $ - $ - $ - $ - $ 816,227 $ 1,009,394 $ 1,825,621 Town Outside Villages Fund 50,000 - - - 346,448 166,953 563,401 Highway Fund - - - - 294,358 943,405 1,237,763 Special Districts Fund - - - - 1,926,903 986,951 2,913,854 Capital Projects Fund 7,390 1,207 45,470 40,237 804,641 898,945 Non-Major Governmental Funds 140,148 134,158 88,170 19,500 - - 381,976 $ 197,538 $ 135,365 $ 133,640 $ 59,737 $ 3,383,936 $ 3,911,344 $ 7,821,560 Transfers are used to 1) move funds from the fund with collection authorization to the funds where additional amounts are needed and 2) to move amounts earmarked in the operating funds to fulfill commitments for Capital Projects and Debt Service funds expenditures. H. Net Position The components of net position are detailed below: Net investment in capital assets-the component of net position that reports the difference between capital assets less both the accumulated depreciation and the outstanding balance of debt, excluding unexpended proceeds, that is directly attributable to the acquisition, construction or improvement of those assets. Restricted for Future Capital Projects - the component of net position that reports the amounts restricted for future capital projects. Restricted for Debt Service-the component of net position that reports the difference between assets and liabilities of the Debt Service Fund with constraints placed on their use by Local Finance Law. Restricted for Section 8 Housing Assistance — the component of net position that represents funds restricted for specific purposes under New York State Law or by external parties and/or statues. Restricted for Trusts-the component of net position that has been established to set aside funds in accordance with the terms of the grants. Unrestricted- all other amounts that do not meet the definition of "restricted" or "net investment in capital assets". 60 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) I. Fund Balances 2018 2017 Twat Section 8 Taxan Section 8 Uhlde Special Housing Capital Non-Major Oubide Special Housing Capital Non-Major General Villages Highway Districts Assistance Projects Governmental General Villages FYgfMey District Assistance Projects Governmental Fund Fund Fund Fund Fund Fund Funds Total Fund Fund Fund Fund Fund Fund Funds Total Nonspendable Prepaid e8erditures $ 232,605 $ 428,302 $ 138,441 $ 194,183 $ - $ - $ - $ 993,531 $ 339,732 $ 654,792 $ 473,007 $ 450,948 $ - $ - $ - $ 1,919479 Restricted Capital projects - - - - - 6,734,041 - 6,734,041 - - - - - 1,800,760' - 1,800,760 Future capital projects 125,000 - - - - - - 125,000 125,000 - - - - - - 125,000 Section 8 Housing Assistance - - - - 476,629 - - 476,629 - - - - - - - - Pension benefits - - - 1,202,047 - - - 1,202.047 - - - 1,132.694 - - - 1,132,694 Trust - - - - - - 260,708 260,708 - - - _ - _ 250,371 250,371 Debt service _ - - - - - 1,689,539 1,689,539 - - _ - - 637,496 637,496 Total Restricted 125,000 - - 1,202,047 476,629 6.734,041 1,950,247 10.487,964 125,000 - - 1,132,694 - 1,800,760 887,867 3,946,321 Assigned Purchases on order'. General government support 2,699 - - - - - - 2,899 10825 4,609 - - - - - 15,434 Public safety - 26,651 - - - - - 26,651 - 3,132 - - - - - 3,132 Transportation - - 32,120 - - _ - 32,120 - - 39,665 - _ _ - 39,665 Economic Opportunity and development - - - - - - - - 18,196 - _ _ _ - - 16,195 Q) Culture and recreation 16,500 - - - - - - 16,500 - - - - - - - _ -1 communityHome and community - - - - - - - _ 950 200 - - - - - 1,100 19,199 26,651 32,120 - - - - 77,970 27,920 7,941 39,665 - - - - 75,526 Subsequent year's expenditures 1,125,000 400,000 - 52,500 - - 464,000 2,041,500 936,725 350,000 65,000 106,000 - - 584,170 2,041,895 Major funds - 4,175,374 684,414 3,003,797 - - 7,843,585 - 3,599,086 471,478 3,499,086 472,180 - - 8,041,808 Non-Major Governmental funds- Tri-Municipal Cable TV. - - - - - - 1,241,825 1,241,825 - - - - - - 1,364,438 1,364,438 Total Assigned 1,144,199 4,602025 696,534 3,056297 - - 1,705,825 11,204,880 964,645 3,957,007 575141 3,605086 472,180 - 1,948,608 11,523,667 Unassigned 6,308,132 - - - - - - 6,308,132 7,930,479 - - - - - _ 7,930,479 Total Fund Balances $ 7,809,936 $ 5,030,327 $ 834,975 $ 4,452,5274 976.829 1 6,734,041 $ 3,8550722 $ 8,994,507 $ 9.359.856 $ 4,611,799 $ 1,049,148 $ 5,188,728 $ 472,180 L 1.800,760 $ 2,836,475 5 25,318,846 1 Town of Mamaroneck, New York Notes to Financial Statements (Continued) December 31, 2018 Note 3 - Detailed Notes on All Funds (Continued) Certain elements of fund balance are described above. Those additional elements, which are not reflected in the Statement of Net Position but are reported in the governmental funds balance sheet are described below. Prepaid Expenditures has been established to account for retirement and health insurance payments made in advance. The amount is classified as nonspendable to indicate that funds are not"available" for appropriation or expenditure even though they are a component of current assets. Restricted for Pension Benefits represents funds restricted for specific purposes under New York State law or by external parties and/or statutes. Purchases on order are assigned and represent the Town's intention to honor the contracts in process at year-end. The subsequent year's appropriations will be amended to provide authority to complete the transactions. Subsequent year's expenditures represent that at December 31, 2018, the Town Board has assigned the above amounts to be appropriated for the ensuing year's budget. Unassigned fund balance in the General Fund represents amounts not classified as nonspendable, restricted, committed or assigned. Note 4 -Summary Disclosure of Significant Contingencies A. Litigation The Town, in common with other municipalities, receives numerous notices of claims for money damages arising from false arrest, property damage or personal injury. Of the claims currently pending, none are expected to have a material effect on the financial position of the Town if adversely settled. Westchester Joint Water Works ("WJWW') a joint venture of the Town as reported in note 3 is currently being fined by the New York State Health Department for not meeting a Supreme Court of the State of New York ruling requiring the construction of a filtration plant by December 3, 2008. These fines amounted to $49,597,500 as of December 31, 2018 and continue to accrue at $13,750 a day. The Town' share of these fines is approximately $9,205,808 or 18.6% of the total. Management of the WJWW has indicated that the State is holding in abeyance the imposition of these fines although they continue to be accrued by the WJWW. The Town has not accrued their share in the Special District Fund—Water District as the expectation of management is that the fines will be suspended or replaced with a negotiated settlement as the WJWW has proposed multiple acceptable alternatives to the filtration plant. The Town is also defendant in numerous tax certiorari proceedings, the results of which generally require tax refunds on the part of the Town. The amount of possible refunds cannot be determined at the present time and any refunds resulting from adverse settlements will be funded in the year in which the payments are made. 62 Town of Mamaroneck, New York Notes to Financial Statements (Concluded) December 31, 2018 Note 4 - Summary Disclosure of Significant Contingencies (Continued) B. Risk Management The primary government purchases various conventional liability and workers' compensation insurance policies to protect against potential losses. The general liability policy provides coverage up to $3 million. In addition, there is a public officials liability policy providing coverage of$2 million. Finally there is an excess liability policy for an additional $40 million. The Town's workers' compensation policy provides coverage at statutory levels. Settled claims resulting from these risks have not exceeded commercial insurance coverage in any of the past three fiscal years. The Housing Authority purchases various conventional insurance policies to reduce its exposure to loss. The Housing Authority maintains a general liability policy with coverage up to$5 million. Settled claims resulting from these risks have not exceeded commercial coverage in any of the past three fiscal years. C. Contingencies The Town participates in various Federal grant programs. These programs are subject to program compliance audits pursuant to the Single Audit Act. The amount of expenditures which may be disallowed by the granting agencies cannot be determined at this time, although the Town anticipates such amounts, if any, to be immaterial. Note 5 -Tax Abatements The Town has real property tax abatement agreements exempt under Real Property Tax Law and General Municipal Law. However, the total value of the tax abatement agreements for the year ended December 31, 2018 aggregated less than $20,000 and, therefore, detail information has been excluded from these financial statements. 63 Town of Mamaroneck, New York Required Supplementary Information Schedule of Changes in the Town's Total Pension Liability Last Ten Fiscal Years (1) 2018 2017 Total Pension Liability Service Cost $ 61,843 $ 59,638 Interest 60,525 45,337 Changes in assumptions or other inputs (148,536) 172,911 Differences between expected and actual experience 22,197 - Benefit payments (30,250) (5,171) Net Change in total pension liability (34,221) 272,715 Total pension liability— beginning 1,642,414 1,369,699 Total pension liability—ending 1,608,193 1,642,414 Covered payroll N/A N/A Total pension liability as a percentage of covered payroll 0% 0% (1) Schedule is intended to show information for 10 years. Additional years will be displayed as they become available Notes to Required Supplementary information Changes of assumptions or other inputs. The discount rate used to measure the total pension liability was based on the yield to maturity of the S&P Municipal Bond 20 Year High Grade Rate Index and was as follows: December 31, 2016: 2.31% December 31, 2017: 3.31% December 31, 2018: 3.71% ITrust Assets. There are no assets accumulated in a trust that meets the criteria in paragraph 4 of GASB Statement No. 73 to pay related benefits. See independent auditors' report. 64 Town of Mamaroneck, New York Required Supplementary Information - Schedule of Changes in the Town's Total OPEB Liability and Related Ratios Last Ten Fiscal Years (1)(2) 2018 Total OPEB Liability: Service cost $ 2,209,552 Interest 3,049,245 Changes of benefit terms - Differences between expected and actual experience (5,645,533) Changes of assumptions or other inputs - Benefit payments (2,656,557) Net Change in Total OPEB Liability (3,043,293) Total OPEB Liability — Beginning of Year 85,098,738 (3) Total OPEB Liability— End of Year $ 82,055,445 Town's covered-employee payroll $ 12,306,706 Total OPEB liability as a percentage of covered-employee payroll 666.75% Notes to Schedule: (1) Data not available prior to fiscal year 2018 implementation of Governmental Accounting Standards Board Statement No. 75, "Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions". (2) No assets are accumulated in a trust that meets the criteria in paragraph 4 of this Statement to pay related benefits. (3) Restated for the implementation of the provisions of GASB Statement No. 75. See independent auditors' report. 65 Town of Mamaroneck, New York Required Supplementary Information - Schedule of the Town's Proportionate Share of the Net Pension Liability New York State and Local Employees' Retirement System Last Ten Fiscal Years (1) 2018 2017 2016 (2) 2015 Town's proportion of the net pension liability 0.0217828% 0.0229223% 0.0212436% 0.0225153% Town's proportionate share of the net pension liability $ 703,029 $ 2,153,827 $ 3,409,658 $ 760,623 Town's covered payroll $ 6,649,254 $ 6,193,460 $ 6,044,712 $ 6,133,937 Town's proportionate share of the net pension liability as a percentage of its covered payroll 10.57% 34.78% 56.41% 12.40% Plan fiduciary net position as a percentage of the total pension liability 98.24% 94.70% 90.70% 97.90% Note -The amounts presented for each fiscal year were determined as of the March 31 measurement date within the current fiscal year. (1) Data not available prior to fiscal year 2015 implementation of Governmental Accounting Standards Board Statement No. 68, "Accounting and Financial Reporting for Pensions". (2) The discount rate used to calculate the total pension liability was decreased from 7.5% to 7.0% effective with the March 31, 2016 measurement date. I See independent auditors' report. 66 Town of Mamaroneck, New York Required Supplementary Information - Schedule of Contributions New York State and Local Employees' Retirement System Last Ten Fiscal Years (1) 2018 2017 2016 2015 Contractually required contribution $ 966,836 $ 951,693 $ 975,073 $ 921,095 Contributions in relation to the contractually required contribution (966,836) (951,693) (975,073) (921,095) Contribution excess $ - $ - $ - $ - Town's covered payroll $ 6,950,172 $ 6,366,881 $ 6,296,849 $ 6,216,275 Contributions as a percentage of covered payroll 13.91% 14.95% 15.49% 14.82% (1) Data not available prior to fiscal year 2015 implementation of Governmental Accounting Standards Board Statement No. 68, Accounting and Financial Reporting for Pensions. I See independent auditors' report. 67 Town of Mamaroneck, New York Required Supplementary Information - Schedule of the Town's Proportionate Share of the Net Pension Liability New York State and Local Police and Fire Retirement System Last Ten Fiscal Years (1) 2018 2017 2016 (2) 2015 Town's proportion of the net pension liability 0.1526125% 0.1526963% 0.1601178% 0.1617364% Town's proportionate share of the net pension liability $ 1,542,541 $ 3,164,863 $ 4,740,748 $ 445,195 Town's covered payroll $ 6,443,114 $ 6,168,882 $ 6,036,891 $ 6,198,180 Town's proportionate share of the net pension liability as a percentage of its covered payroll 23.94% 51.30% 78.53% 7.18% Plan fiduciary net position as a percentage of the total pension liability 96.93% 93.50% 90.20% 99.00% Note- The amounts presented for each fiscal year were determined as of the March 31 measurement date within the current fiscal year. (1) Data not available prior to fiscal year 2015 implementation of Governmental Accounting Standards Board Statement No. 68, "Accounting and Financial Reporting for Pensions". (2) The discount rate used to calculate the total pension liability was decreased from 7.5% to 7.0% effective with the March 31, 2016 measurement date. See independent auditors' report. 68 Town of Mamaroneck, New York Required Supplementary Information - Schedule of Contributions New York State and Local Police and Fire Retirement System Last Ten Fiscal Years (1) 2018 2017 2016 2015 Contractually required contribution $ 1,428,769 $ 1,403,486 $ 1,362,460 $ 1,105,220 Contributions in relation to the contractually required contribution (1,428,769) (1,403,486) (1,362,460) (1,105,220) Contribution excess $ - $ - $ - $ - Town's covered payroll $ 6,477,510 $ 6,425,121 $ 6,105,861 $ 6,230,182 Contributions as a percentage of covered payroll 22.06% 21.84% 22.31% 17.74% (1) Data not available prior to fiscal year 2015 implementation of Governmental Accounting Standards Board Statement No. 68, "Accounting and Financial Reporting for Pensions". I 1 See independent auditors' report. 69 Town of Mamaroneck, New York General Fund Comparative Balance Sheet December 31, 2018 2017 ASSETS Cash and equivalents $ 9,240,494 $ 56,114,044 Investments 10,051,536 2,005,905 Taxes receivable Town and County taxes 260,044 197,146 School districts taxes 46,428,421 23,778,963 Tax liens 1,812,593 1,790,544 Property acquired for taxes - 31,321 48,501,058 25,797,974 Allowance for uncollectible amounts (1,160,213) (1,351,589) 47,340,845 24,446,385 Other receivables Accounts 355,115 451,968 Due from other governments 104,736 121,794 State and Federal aid 16,584 18,281 Due from other funds 170,779 434,575 647,214 1,026,618 Prepaid expenditures 232,605 339,732 Total Assets $ 67,512,694 $ 83,932,684 LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCE Liabilities Accounts payable $ 234,415 $ 451,492 Accrued liabilities 38,147 40,327 I Due to school districts 58,280,743 55,384,071 Due to other funds 372,776 163,009 Due to other governments 10 10 Overpayments 400 254,060 Unearned revenues 9,289 3,098 Total Liabilities 58,935,780 56,296,067 Deferred inflows of resources Deferred tax revenues 766,978 581,949 Taxes collected in advance - 17,694,812 Total Deferred Inflows of Resources 766,978 18,276,761 Total Liabilities and Deferred Inflows of Resources 59,702,758 74,572,828 Fund balance Nonspendable 232,605 339,732 Restricted 125,000 125,000 Assigned 1,144,199 964,645 Unassigned 6,308,132 7,930,479 Total Fund Balance 7,809,936 9,359,856 Total Liabilities, Deferred Inflows of Resources and Fund Balance $ 67,512,694 $ 83,932,684 See independent auditors' report. 70 Town of Mamaroneck, New York General Fund Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Years Ended December 31, 2018 Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) REVENUES Real property taxes $ 3,971,080 $ 3,971,080 $ 3,890,068 $ (81,012) Other tax items 607,000 607,000 559,548 (47,452) Departmental income 3,606,000 3,606,000 3,771,843 165,843 Use of money and property 305,000 305,000 406,435 101,435 Licenses and permits 40,250 40,250 63,871 23,621 Fines and forfeitures 300,000 300,000 270,033 (29,967) Sale of property and compensation for loss - - 990 990 State aid 2,063,725 2,063,725 1,829,363 (234,362) Federal aid 67,740 67,740 58,243 (9,497) Miscellaneous 36,700 36,700 28,277 (8,423) Total Revenues 10,997,495 10,997,495 10,878,671 (118,824) EXPENDITURES Current General government support 4,259,764 4,287,963 4,405,442 (117,479) Health 415,000 415,000 419,206 (4,206) Transportation 142,720 142,720 118,387 24,333 Economic opportunity and development 551,600 561,600 496,867 64,733 Culture and recreation 2,721,347 2,743,233 2,635,809 107,424 Home and community services 495,700 508,462 450,093 58,369 Employee benefits 2,258,300 2,258,300 2,292,204 (33,904) Total Expenditures 10,844,431 10,917,278 10,818,008 99,270 Excess of Revenues Over Expenditures 153,064 80,217 60,663 (19,554) OTHER FINANCING SOURCES (USES) Sale of property - - 17,500 17,500 Transfers in 162,000 190,148 197,538 7,390 Transfers out (1,279,709) (1,840,935) (1,825,621) 15,314 Total Other Financing Uses (1,117,709) (1,650,787) (1,610,583) 40,204 Net Change in Fund Balance (964,645) (1,570,570) (1,549,920) 20,650 FUND BALANCE Beginning of Year 964,645 1,570,570 9,359,856 7,789,286 End of Year $ - $ - $ 7,809,936 $ 7,809,936 See independent auditors' report. 71 2017 Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) $ 3,838,591 $ 3,838,591 $ 4,361,569 $ 522,978 607,000 607,000 1,078,925 471,925 3,561,375 3,561,375 3,718,585 157,210 270,000 270,000 322,362 52,362 35,250 35,250 74,730 39,480 300,000 300,000 291,460 (8,540) 30,493 30,493 1,818,725 1,830,423 1,968,777 138,354 67,740 67,740 52,711 (15,029) 36,700 36,700 31,140 (5,560) 10,535,381 10,547,079 11,930,752 1,383,673 3,915,102 4,019,278 4,467,232 (447,954) 370,000 370,000 424,619 (54,619) 143,837 143,837 141,650 2,187 505,688 523,688 448,859 74,829 2,616,084 2,616,084 2,574,305 41,779 511,693 520,924 462,843 58,081 2,187,750 2,187,750 2,104,891 82,859 10,250,154 10,381,561 10,624,399 (242,838) 285,227 165,518 1,306,353 1,140,835 - - 1,316,886 1,316,886 93,000 130,731 132,318 1,587 (1,266,203) (1,529,403) (1,687,739) (158,336) (1,173,203) (1,398,672) (238,535) 1,160,137 (887,976) (1,233,154) 1,067,818 2,300,972 887,976 1,233,154 8,292,038 7,058,884 $ - $ - $ 9,359,856 $ 9,359,856 72 Town of Mamaroneck, New York Town Outside Villages Fund Schedule of Revenues and Other Financing Sources Compared to Budget Year Ended December 31, 2018 (With Comparative Actuals for 2017) Variance with Final Budget Original Final Positive 2017 Budget Budget Actual (Negative) Actual REAL PROPERTY TAXES $ 9,831,560 $ 9,831,560 $ 9,822,525 $ (9,035) $ 9,569,007 NON-PROPERTY TAXES Non-property tax distribution from County 1,730,000 1,730,000 1,917,581 187,581 1,827,391 DEPARTMENTAL INCOME Police fees 300 300 338 38 291 Zoning fees 8,000 8,000 37,013 29,013 17,200 co Planning Board fees 4,000 4,000 12,526 8,526 11,535 Emergency tenants protection 2,500 2,500 2,260 (240) 2,360 Parking fees 140,000 140,000 127,113 (12,887) 155,443 Recreation fees 33,000 33,000 38,841 5,841 38,865 187,800 187,800 218,091 30,291 225,694 LICENSES AND PERMITS Building permits 428,000 428,000 673,683 245,683 581,835 Alarm licenses 36,000 36,000 39,240 3,240 39,240 Other licenses 90,000 90,000 195,460 105,460 158,288 554,000 554,000 908,383 354,383 779,363 FINES AND FORFEITURES False alarms 5,000 5,000 9,760 4,760 6,575 SALE OF PROPERTY AND COMPENSATION FOR LOSS Sale of property - - - - 1,200 1 MISCELLANEOUS Unclassified 3,000 3,000 15,117 12,117 7,991 TOTAL REVENUES 12,311,360 12,311,360 12,891,457 580,097 12,417,221 OTHER FINANCING SOURCES Insurance recoveries - 44,000 28,598 (15,402) 580 Transfers in Capital Projects Fund - - 1,207 1,207 17,621 Debt Service Fund 14,500 14,500 14,500 - 17,000 Tri-Municipal Cable T.V. Fund 119,000 119,000 119,658 658 119,658 TOTAL OTHER FINANCING SOURCES 133,500 177,500 163,963 (13,537) 154,859 TOTAL REVENUES AND OTHER FINANCING SOURCES $ 12,444,860 $ 12,488,860 $ 13,055,420 $ 566,560 $ 12,572,080 co N See independent auditors' report. Town of Mamaroneck, New York Town Outside Villages Fund Schedule of Expenditures and Other Financing Uses Compared to Budget Year Ended December 31, 2018 (With Comparative Actuals for 2017) Variance with Final Budget Original Final Positive 2017 Budget Budget Actual (Negative) Actual GENERAL GOVERNMENT SUPPORT Central communications $ 41,960 $ 41,960 $ 40,504 $ 1,456 $ 28,091 Central services 130,900 130,900 80,470 50,430 79,251 Central data processing 157,576 157,576 153,362 4,214 137,452 Unallocated insurance 114,330 114,330 129,387 (15,057) 122,412 Judgments and claims 75,000 75,000 136,519 (61,519) 52,790 Metropolitan commuter transportation mobility tax 20,000 20,000 19,275 725 18,521 Employee evaluations 5,000 5,000 3,134 1,866 2,900 Credit card fees 3,500 3,500 5,542 (2,042) 4,804 Contingency 2,000 2,000 - 2,000 - w C4 550,266 550,266 568,193 (17,927) 446,221 PUBLIC SAFETY Police 5,458,899 5,458,899 5,331,356 127,543 5,293,187 Other public safety 11,000 11,000 3,725 7,275 5,179 Traffic control 101,467 101,467 93,683 7,784 57,625 Control of animals 18,500 18,500 16,389 2,111 18,264 Safety inspection 448,179 448,179 431,871 16,308 471,689 6,038,045 6,038,045 5,877,024 161,021 5,845,944 HEALTH Narcotics Guidance Council 59,100 59,100 59,100 - 59,100 TRANSPORTATION Off-street parking lots 33,550 33,550 24,648 8,902 6,321 CULTURE AND RECREATION Playgrounds and recreation 62,650 62,650 57,213 5,437 54,000 Youth programs 21,000 21,000 20,000 1,000 21,000 Joint youth advocate - - - - 525 Library 1,288,260 1,288,260 1,288,260 - 1,263,000 Celebrations 3,000 3,000 2,606 394 2,558 1,374,910 1,374,910 1,368,079 6,831 1,341,083 HOME AND COMMUNITY SERVICES Board of Appeals 50,685 50,685 50,461 224 48,640 Planning Board 71,235 71,235 71,943 (708) 77,119 Environmental control 95,668 95,668 89,406 6,262 90,392 Emergency tenant protection 2,500 2,500 2,410 90 2,450 Coastal zone 1,425 1,425 79 1,346 750 221,513 221,513 214,299 7,214 219,351 EMPLOYEE BENEFITS State retirement 85,000 85,000 72,172 12,828 88,616 Police retirement 1,100,000 1,100,000 1,095,285 4,715 1,072,787 Social security 450,000 450,000 380,867 69,133 377,653 Workers' compensation benefits 298,700 298,700 255,911 42,789 290,924 Life insurance 3,500 3,500 3,096 404 3,344 Hospital and medical insurance 2,204,050 2,204,050 2,137,608 66,442 1,971,810 Disability insurance 1,000 1,000 685 315 782 Unemployment benefits 15,000 15,000 16,524 (1,524) 13,308 4,157,250 4,157,250 3,962,148 195,102 3,819,224 co TOTAL EXPENDITURES 12,434,634 12,434,634 12,073,491 361,143 11,737,244 OTHER FINANCING USES Transfers out General Fund 50,000 50,000 50,000 - 50,000 Debt Service Fund 171,667 171,667 166,953 4,714 172,211 Capital Projects Fund 146,500 346,448 346,448 - 164,755 TOTAL OTHER FINANCING USES 368,167 568,115 563,401 4,714 386,966 TOTAL EXPENDITURES AND OTHER FINANCING USES $ 12,802,801 $ 13,002,749 $ 12,636,892 $ 365,857 $ 12,124,210 See independent auditors' report. (This page intentionally left blank) Town of Mamaroneck, New York Highway Fund Comparative Balance Sheet December 31, 2018 2017 ASSETS Cash and equivalents $ 796,737 $ 1,027,433 Receivables Accounts 287 1,728 Due from other governments 45,702 23,374 State and Federal aid 118,826 10,035 Due from other funds 65,107 94,400 229,922 129,537 Prepaid expenditures 138,441 473,007 Total Assets $ 1,165,100 $ 1,629,977 LIABILITIES AND FUND BALANCE Liabilities Accounts payable $ 139,317 $ 170,009 Accrued liabilities 11,450 15,372 Due to other funds 179,358 395,448 Total Liabilities 330,125 580,829 Fund balance Nonspendable 138,441 473,007 Assigned 696,534 576,141 Total Fund Balance 834,975 1,049,148 — Total Liabilities and Fund Balance $ 1,165,100 $ 1,629,977 I See independent auditors' report. 85 Town of Mamaroneck, New York Highway Fund Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Years Ended December 31, 2018 Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) REVENUES Real property taxes $ 5,007,569 $ 5,007,569 $ 5,002,973 $ (4,596) Departmental income 20,000 20,000 33,816 13,816 Intergovernmental charges 444,000 444,000 346,909 (97,091) Use of money and property 100 100 225 125 Sale of property and compensation for loss 11,500 11,500 26,162 14,662 State aid 85,000 85,000 118,826 33,826 Miscellaneous - - 8,734 8,734 Total Revenues 5,568,169 5,568,169 5,537,645 (30,524) EXPENDITURES Current Transportation 3,094,064 3,096,424 3,065,907 30,517 Employee benefits 1,600,350 1,600,350 1,592,670 7,680 Total Expenditures 4,694,414 4,696,774 4,658,577 38,197 Excess of Revenues Over Expenditures 873,755 871,395 879,068 7,673 OTHER FINANCING SOURCES (USES) Insurance recoveries 10,000 10,000 10,882 882 Transfers in 88,170 90,530 133,640 43,110 Transfers out (1,076,590) (1,255,948) (1,237,763) 18,185 Total Other Financing Uses (978,420) (1,155,418) (1,093,241) 62,177 Net Change in Fund Balance (104,665) (284,023) (214,173) 69,850 FUND BALANCE I Beginning of Year 104,665 284,023 1,049,148 765,125 End of Year $ - $ - $ 834,975 $ 834,975 See independent auditors' report. 86 2017 Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) $ 4,991,021 $ 4,991,021 $ 4,982,470 $ (8,551) 20,000 20,000 22,683 2,683 453,000 453,000 370,269 (82,731) 100 100 182 82 11,500 11,500 29,967 18,467 85,000 85,000 118,772 33,772 20 20 5,560,621 5,560,621 5,524,363 (36,258) 3,057,227 3,061,727 2,932,202 129,525 1,491,400 1,491,400 1,476,230 15,170 4,548,627 4,553,127 4,408,432 144,695 1,011,994 1,007,494 1,115,931 108,437 10,000 148,000 145,272 (2,728) 26,800 26,800 41,938 15,138 (1,091,893) (1,301,643) (1,497,770) (196,127) (1,055,093) (1,126,843) (1,310,560) (183,717) (43,099) (119,349) (194,629) (75,280) 43,099 119,349 1,243,777 1,124,428 $ - $ - $ 1,049,148 $ 1,049,148 87 Town of Mamaroneck, New York Special Districts Fund Combining Balance Sheet - Sub Funds December 31, 2018 (With Comparative Totals for 2017) Street Refuse and Water Sewer Lighting Garbage District District District District ASSETS Cash and equivalents $ 25,094 $ 182,963 $ 1,503 $ 132,687 Investments 2,852,433 - - - Receivables Accounts - - - - Due from other governments - 46,340 - - Due from other funds 38,752 - - - 38,752 46,340 - - Prepaid expenditures 2,900 7,735 5,317 18,475 Total Assets $ 2,919,179 $ 237,038 $ 6,820 $ 151,162 LIABILITIES AND FUND BALANCES (DEFICITS) Liabilities Accounts payable $ 10,359 $ 1,446 $ 17,478 $ - Accrued liabilities - 1,268 - - Due to other funds 1,230,078 - - 2,640 Total Liabilities 1,240,437 2,714 17,478 2,640 Fund balances (Deficits) Nonspendable 2,900 7,735 5,317 18,475 Restricted - - - - Assigned 1,675,842 226,589 (15,975) 130,047 Total Fund Balances (Deficit) 1,678,742 234,324 (10,658) 148,522 Total Liabilities and Fund Balances $ 2,919,179 $ 237,038 $ 6,820 $ 151,162 See independent auditors' report. 88 Fire Totals Ambulance Protection District District 2018 2017 $ 430,259 $ 978,560 $ 1,751,066 $ 1,627,027 - 1,202,047 4,054,480 3,120,028 16,183 16,183 1,271 3,400 - 49,740 61,723 890 - 39,642 69,266 4,290 16,183 105,565 132,260 46,391 113,365 194,183 450,948 $ 480,940 $ 2,310,155 $ 6,105,294 $ 5,330,263 $ 22,215 $ 14,061 $ 65,559 $ 66,371 31,533 18,592 51,393 39,566 14,380 288,717 1,535,815 35,598 68,128 321,370 1,652,767 141,535 46,391 113,365 194,183 450,948 1,202,047 1,202,047 1,132,694 366,421 673,373 3,056,297 3,605,086 412,812 1,988,785 4,452,527 5,188,728 $ 480,940 $ 2,310,155 $ 6,105,294 $ 5,330,263 89 Town of Mamaroneck, New York Special Districts Fund Combining Schedule of Revenues, Expenditures and Changes in Fund Balances - Sub Funds Year Ended December 31, 2018 (With Comparative Totals for 2017) Street Water Sewer Lighting District District District REVENUES Real property taxes $ - $ - $ 288,730 Departmental income 861,024 233,972 - Intergovernmental charges - - - Use of money and property 40,345 - - Sale of property and compensation for loss - - Miscellaneous - - 423 Total Revenues 901,369 233,972 289,153 EXPENDITURES Current Public safety - - - Health - - - Transportation - - 165,968 Home and community services 87,963 128,349 - Employee benefits - 47,489 29,552 Debt service Principal - - - Interest - - - Total Expenditures 87,963 175,838 195,520 Excess of Revenues Over Expenditures 813,406 58,134 93,633 OTHER FINANCING SOURCES (USES) Transfers in 38,752 - 595 Transfers out (1,649,302) (92,882) (125,634) Total Other Financing Uses (1,610,550) (92,882) (125,039) Net Change in Fund Balances (797,144) (34,748) (31,406) FUND BALANCES (DEFICITS) Beginning of Year 2,475,886 269,072 20,748 End of Year $ 1,678,742 $ 234,324 $ (10,658) See independent auditors' report. 90 Refuse and Fire Totals Garbage Ambulance Protection District District District 2018 2017 $ 2,160,829 $ 588,915 $ 3,790,191 $ 6,828,665 $ 6,561,652 836,835 - 1,931,831 2,100,063 - 122,280 - 122,280 122,966 - 36,067 76,412 41,608 - 440,330 440,330 5,067 - 4,503 450 5,376 117 2,160,829 1,552,533 4,267,038 9,404,894 8,831,473 - 2,039,443 2,039,443 1,832,467 - 1,172,014 - 1,172,014 1,117,013 - 165,968 139,430 1,987,280 - - 2,203,592 2,159,687 266,935 1,332,500 1,676,476 1,597,545 - 29,300 - 29,300 29,300 - 185 - 185 183 1,987,280 1,468,434 3,371,943 7,286,978 6,875,625 173,549 84,099 895,095 2,117,916 1,955,848 890 19,500 59,737 69,150 (140,235) (79,040) (826,761) (2,913,854) (1,762,941) (140,235) (78,150) (807,261) (2,854,117) (1,693,791) 33,314 5,949 87,834 (736,201) 262,057 115,208 406,863 1,900,951 5,188,728 4,926,671 $ 148,522 $ 412,812 $ 1,988,785 $ 4,452,527 $ 5,188,728 91 Town of Mamaroneck, New York Section 8 Housing Assistance Fund Comparative Balance Sheet December 31, 2018 2017 ASSETS Cash and equivalents $ 640,018 $ 824,649 LIABILITIES AND FUND BALANCE Liabilities Accounts payable $ - $ 535 Due to other funds 163,389 351,934 Total Liabilities 163,389 352,469 Fund balance Restricted 476,629 472,180 Total Liabilities and Fund Balance $ 640,018 $ 824,649 See independent auditors' report. 92 Town of Mamaroneck, New York Section 8 Housing Assistance Fund Comparative Statement of Revenues, Expenditures and Changes in Fund Balance Years Ended December 31, 2018 2017 REVENUES Use of money and property $ 1,308 $ 1,539 Federal aid 6,364,325 6,109,608 Miscellaneous 22,474 20,990 Total Revenues 6,388,107 6,132,137 EXPENDITURES Current Economic opportunity and development 6,383,658 6,372,335 Excess (Deficiency) of Revenues Over Expenditures 4,449 (240,198) FUND BALANCE Beginning of Year 472,180 712,378 End of Year $ 476,629 $ 472,180 See independent auditors' report. 93 Town of Mamaroneck, New York Capital Projects Fund Comparative Balance Sheet December 31, 2018 2017 ASSETS Cash and equivalents $ 6,465,725 $ 1,749,393 Receivables Accounts 171,681 28,278 State and Federal aid 3,873 102,695 Due from other funds 2,127,885 554,106 2,303,439 685,079 Total Assets $ 8,769,164 $ 2,434,472 LIABILITIES AND FUND BALANCE Liabilities Accounts payable $ 1,129,095 $ 482,840 Due to other funds 896,233 141,077 Unearned revenues 9,795 9,795 Total Liabilities 2,035,123 633,712 Fund balance Restricted 6,734,041 1,800,760 Total Liabilities and Fund Balance $ 8,769,164 $ 2,434,472 See independent auditors' report. 94 Town of Mamaroneck, New York Capital Projects Fund Comparative Statement of Revenues, Expenditures and Changes in Fund Balance Years Ended December 31, 2018 2017 REVENUES State aid $ 8,524 $ 5,170 Federal aid 38,246 134,888 Miscellaneous 439,660 198,190 Total Revenues 486,430 338,248 EXPENDITURES Capital outlay 5,253,640 6,368,279 Deficiency of Revenues Over Expenditures (4,767,210) (6,030,031) OTHER FINANCING SOURCES (USES) Bonds issued 7,215,500 - Transfers in 3,383,936 2,127,111 Transfers out (898,945) (140,747) Total Other Financing Sources 9,700,491 1,986,364 Net Change in Fund Balance 4,933,281 (4,043,667) FUND BALANCE Beginning of Year 1,800,760 5,844,427 End of Year $ 6,734,041 $ 1,800,760 See independent auditors' report. 95 Town of Mamaroneck, New York Capital Projects Fund Project-Length Schedule Inception of Project through December 31, 2018 Project Project Expenditures Unexpended PROJECT Number Budget and Transfers Balance Justice Court Equipment 28-4 $ 48,500 $ 38,747 $ 9,753 Sanitary Sewer Pump Station 2014-23 35,500 387 35,113 Fire District Apparatus 2015-11 1,700,000 739,204 960,796 Fire Building Improvements 2015-29 363,000 216,352 146,648 Weaver Street Sidewalk Extensions 2015-45 395,000 47,640 347,360 Water Capital Improvement 2016-12 1,347,200 1,754,598 (407,398) Town Center Building Improvement 2016-14 371,250 167,300 203,950 Ambulance Equipment 2016-33 5,000 - 5,000 Conservation Trails 2016-39 52,750 20,023 32,727 Parking Lot Town Center 2016-48 597,120 800,779 (203,659) Highway Vehicles and Equipment 2017-06 580,000 334,454 245,546 Town Center Building Improvement 2017-14 227,500 2,397 225,103 Computer Software 2017-19 149,533 188,862 (39,329) Computer Hardware 2017-20 126,000 159,310 (33,310) Ice Rink Improvements 2017-24 105,064 61,371 43,693 Fire Building Improvements 2017-29 1,213,000 1,380,038 (167,038) Recreation Facility Improvement 2017-31 7,500 - 7,500 Ambulance Equipment 2017-33 19,250 9,490 9,760 Highway Garage Building Improvements 2017-38 163,500 13,417 150,083 Sheldrake Improvements 2017-40 5,000 - 5,000 Gardens Lake Improvement 2017-53 61,050 12,344 48,706 Pryor Manor Bridge Improvement 2017-54 103,500 67,508 35,992 Fire Turnout Gear Equipment 2017-56 250,000 201,638 48,362 Senior Center Improvements 2017-58 16,000 - 16,000 Police Vehicles 2018-02 112,500 9,858 102,642 Town Center Building Improvement 2018-14 853,350 53,771 799,579 Computer Software 2018-19 85,255 73,071 12,184 Computer Hardware 2018-20 227,045 190,826 36,219 Recreation Facility Improvement 2018-31 81,500 15,952 65,548 Parking Lot Improvement 2018-48 125,000 1,377 123,623 Sanitary Sewer Improvement 2018-60 2,795,000 23,707 2,771,293 Traffic Control Devices 2018-61 250,000 - 250,000 North Berry Pressure Regulator 1344-12 71,162 65,315 5,847 Mamaroneck Ave Pressure Regulator 1345-12 80,808 61,429 19,379 Kenilworth Tank 1346-12 798,500 24,504 773,996 Water Infrastructure 18 Paving 1348-12 129,000 91,731 37,269 Rye Lake UV Facility 1352-12 1,586,000 8,732 1,577,268 Senior Center Improvements 2019-58 190,000 - 190,000 Totals $ 15,327,337 $ 6,836,132 $ 8,491,205 See independent auditors' report. 96 Fund Balance (Deficit) at Total December 31, Revenues 2018 $ 38,747 $ - 35,500 35,113 1,978,275 1,239,071 363,000 146,648 57,140 9,500 1,754,598 - 371,250 203,950 5,000 5,000 52,750 32,727 847,228 46,449 580,000 245,546 227,500 225,103 201,290 12,428 162,170 2,860 105,064 43,693 1,337,740 (42,298) 7,500 7,500 19,250 9,760 107,500 94,083 5,000 5,000 61,050 48,706 275,000 207,492 250,000 48,362 16,000 16,000 112,500 102,642 853,350 799,579 85,255 12,184 227,045 36,219 81,500 65,548 125,000 123,623 2,795,000 2,771,293 250,001 250,001 71,162 5,847 80,808 19,379 (24,504) (91,731) (8,732) 30,000 30,000 $ 13,570,173 $ 6,734,041 97 Town of Mamaroneck, New York Non-Major Governmental Funds Combining Balance Sheet December 31, 2018 (With Comparative Totals for 2017) Tri- Municipal Special Cable T.V. Purpose ASSETS Cash and equivalents $ 1,316,715 $ 260,478 Receivables Accounts 225,110 230 Due from other funds - - 225,110 230 Total Assets $ 1,541,825 $ 260,708 LIABILITIES AND FUND BALANCES Liabilities Due to other funds $ - $ - Fund balances Restricted - 260,708 Assigned 1,541,825 - Total Fund Balances 1,541,825 260,708 Total Liabilities and Fund Balances $ 1,541,825 $ 260,708 See independent auditors' report. 98 Total Non-Major Governmental Funds Debt Service 2018 2017 $ 1,048,654 $ 2,625,847 $ 2,678,873 225,340 230,320 804,885 804,885 83,232 804,885 1,030,225 313,552 $ 1,853,539 $ 3,656,072 $ 2,992,425 $ - $ - $ 155,950 1,689,539 1,950,247 887,867 164,000 1,705,825 1,948,608 1,853,539 3,656,072 2,836,475 $ 1,853,539 $ 3,656,072 $ 2,992,425 99 Town of Mamaroneck, New York Non-Major Governmental Funds Combining Statement of Revenues, Expenditures and Changes in Fund Balances Year Ended December 31, 2018 (With Comparative Totals for 2017) Tri- Municipal Special Cable T.V. Purpose REVENUES Departmental income $ 1,021,764 $ Use of money and property 5,074 - Miscellaneous - 39,226 Total Revenues 1,026,838 39,226 EXPENDITURES Current General government support 1,079,793 - Home and community services - 741 Debt service Principal - - Interest - - Refunding bond issuance costs - - Total Expenditures 1,079,793 741 Excess (Deficiency) of Revenues Over Expenditures (52,955) 38,485 OTHER FINANCING SOURCES (USES) Refunding bonds issued - - Issuance premium - - Payment to refunded bond escrow account - - Transfers in - - Transfers out (119,658) (28,148) Total Other Financing Sources (Uses) (119,658) (28,148) Net Change in Fund Balances (172,613) 10,337 FUND BALANCES Beginning of Year 1,714,438 250,371 End of Year $ 1,541,825 $ 260,708 See independent auditors' report. 100 Total Non-Major Governmental Funds Debt Service 2018 2017 $ - $ 1,021,764 $ 1,040,103 3,554 8,628 13,104 3,581 42,807 55,310 7,135 1,073,199 1,108,517 1,079,793 946,204 741 5,647 2,460,000 2,460,000 2,320,845 646,702 646,702 858,864 124,916 3,106,702 4,187,236 4,256,476 (3,099,567) (3,114,037) (3,147,959) 7,040,000 404,266 404,266 51,989 (6,967,073) 3,911,344 3,911,344 3,262,609 (234,170) (381,976) (311,242) 4,081,440 3,933,634 3,076,283 981,873 819,597 (71,676) 871,666 2,836,475 2,908,151 $ 1,853,539 $ 3,656,072 $ 2,836,475 101 (This page intentionally left blank) Town of Mamaroneck, New York Tri-Municipal Cable T.V. Fund Comparative Balance Sheet December 31, 2018 2017 ASSETS Cash and equivalents $ 1,316,715 $ 1,484,118 Accounts receivable 225,110 230,320 Total Assets $ 1,541,825 $ 1,714,438 FUND BALANCE Assigned $ 1,541,825 $ 1,714,438 See independent auditors' report. 102 Town of Mamaroneck, New York Tri-Municipal Cable T.V. Fund Comparative Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Years Ended December 31, 2018 Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) REVENUES Departmental income $ 751,165 $ 751,165 $ 1,021,764 $ 270,599 Use of money and property 1,000 1,000 5,074 4,074 Total Revenues 752,165 752,165 1,026,838 274,673 EXPENDITURES Current General government support 982,507 982,507 1,079,793 (97,286) Excess (Deficiency) of Revenues Over Expenditures (230,342) (230,342) (52,955) 177,387 OTHER FINANCING USES Transfers out (119,658) (119,658) (119,658) - Net Change in Fund Balance (350,000) (350,000) (172,613) 177,387 FUND BALANCE Beginning of Year 350,000 350,000 1,714,438 1,364,438 End of Year $ - $ - $ 1,541,825 $ 1,541,825 See independent auditors' report. 103 2017 Variance with Final Budget Original Final Positive Budget Budget Actual (Negative) $ 688,800 $ 688,800 $ 1,040,103 $ 351,303 700 700 1,801 1,101 689,500 689,500 1,041,904 352,404 919,842 919,842 946,204 (26,362) (230,342) (230,342) 95,700 326,042 (119,658) (119,658) (119,658) - (350,000) (350,000) (23,958) 326,042 350,000 350,000 1,738,396 1,388,396 $ - $ - $ 1,714,438 $ 1,714,438 104 Town of Mamaroneck, New York Special Purpose Fund Comparative Balance Sheet December 31, 2018 2017 ASSETS Cash and equivalents $ 260,478 $ 250,371 Accounts receivable 230 - Total Assets $ 260,708 $ 250,371 FUND BALANCE Restricted $ 260,708 $ 250,371 See independent auditors' report. 105 Town of Mamaroneck, New York Special Purpose Fund Comparative Statement of Revenues, Expenditures and Changes in Fund Balance Years Ended December 31, 2018 2017 REVENUES Miscellaneous $ 39,226 $ 55,310 EXPENDITURES Current Home and community services 741 5,647 Excess of Revenues Over Expenditures 38,485 49,663 OTHER FINANCING USES Transfers out (28,148) (35,634) Net Change in Fund Balance 10,337 14,029 FUND BALANCE Beginning of Year 250,371 236,342 End of Year $ 260,708 $ 250,371 See independent auditors' report. 106 Compliance and Other Matters As part of obtaining reasonable assurance about whether the Town's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. We noted certain matters that we reported to the management of the Town in a separate letter. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Pr 2'a7, � LLP PKF O'Connor Davies, LLP Harrison, New York April 26, 2019 111 O PKF O'CONNOR DAVIES ACCOUNTANTS AND ADVISORS Report on Compliance For Each Major Federal Program and Report on Internal Control Over Compliance Required by The Uniform Guidance Independent Auditor's Report The Honorable Supervisor and the Town Board of the Town of Mamaroneck, New York Report on Compliance for Each Major Federal Program We have audited the Town of Mamaroneck, New York's ("Town") compliance with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material effect on each of the Town's major federal programs for the year ended December 31, 2018. The Town's major federal programs are identified in the summary of auditors' results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal programs. Auditors'Responsibility Our responsibility is to express an opinion on compliance for each of the Town's major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards ("Uniform Guidance"). Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about the Town's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination of the Town's compliance. Opinion on Each Major Federal Program In our opinion, the Town complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended December 31, 2018. PKF O'CONNOR DAVIES, LLP 500 Mamaroneck Avenue, Harrison,NY 10528 I Tel:914.381.8900 I Fax:914.381.8910 I www.pkfod.com PKF O'Connor Davies,LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms. Report on Internal Control Over Compliance Management of the Town is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered the Town's internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the Town's internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. P r®'e 7fM,d2 , LLP PKF O'Connor Davies, LLP Harrison, New York April 26, 2019 113 Town of Mamaroneck, New York Schedule of Expenditures of Federal Awards Year Ended December 31, 2018 Pass-Through Passed Federal Entity Through Federal Federal Grantor/Pass-Through Grantor/ CFDA Identifying to Sub- Program Program or Cluster Title Number(1) Number Recipients Expenditures U.S. Department of Housing and Urban Development Direct Program Section 8 Housing Choice Vouchers 14.871 $ - $ 6,383,658 Environmental Protection Agency Indirect Programs- Passed through NYS Environmental Facilities Corporation Clean Water State Revolving Fund Cluster Disaster Relief Appropriations Act(DRAA) Hurricane Sandy Capitalization Grants for Drinking Water State Revolving Funds 66.483 N/A 23,258 Direct Program Long Island Sound Program 66.437 - 14,988 - 38,246 U.S. Department of Health and Human Services Indirect Programs- Passed through County of Westchester Special Programs for the Aging -Title III, Part B AGET6860415 Grants for Supportive Services and Senior Centers 93.044 710335 - 8,172 Special Programs for the Aging -Title Ill, Part C AGET9420415 Nutrition Services 93.045 710335 - 50,071 Total U.S. Department of Health and Human Services - 58,243 Total Expenditures of Federal Awards $ - $ 6,480,147 (1) Catalog of Federal Domestic Assistance Number The accompanying notes are an integral part of this schedule. 1.14 Town of Mamaroneck, New York Notes to Schedule of Expenditures of Federal Awards December 31, 2018 Note 1 - Basis of Presentation The accompanying schedule of expenditures of federal awards (the"Schedule") includes the federal award activity of the Town of Mamaroneck, New York ("Town") under programs of the federal government for the year ended December 31, 2018. Federal awards received directly from the Federal agencies as well as Federal awards passed through other government agencies are included in the Schedule. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards ("Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of the Town, it is not intended to and does not present the financial position, changes in net position or cash flows of the Town. Note 2 - Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Note 3 - Indirect Cost Rate The Town has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. Note 4 - Subrecipient For the year ended December 31, 2018, the Town provided no funds to subrecipients. Note 5 - Nonmonetary Assistance For the year ended December 31, 2018, the Town received no nonmonetary assistance. 115 Town of Mamaroneck, New York Summary Schedule of Prior Audit Findings Year Ended December 31, 2018 None 116 Town of Mamaroneck, New York Schedule of Findings and Questioned Costs Year Ended December 31, 2018 Section I - Summary of Auditor's Results Financial Statements Type of report the auditor issued on whether the financial statements audited were prepared in accordance with GAAP Unmodified Internal control over financial reporting: • Material weakness(es) identified? Yes X No • Significant deficiency(ies) identified? Yes X None reported Noncompliance material to financial statements noted? Yes X No Federal Awards Internal Control over major federal programs: • Material weakness(es) identified? Yes X No • Significant deficiency(ies) identified ? Yes X None reported Type of auditor's report issued on compliance for major federal programs Unmodified Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? Yes X No Identification of major federal programs CFDA Number(s) Name of Federal Program or Cluster 14.871 Section 8 Housing Choice Vouchers Dollar threshold used to distinguish between Type A and Type B programs: $750,000 Auditee qualified as low-risk auditee? X Yes No 117 Town of Mamaroneck, New York Schedule of Findings and Questioned Costs (Concluded) Year Ended December 31, 2018 Section 11-Financial Statement Findings None Section III- Federal Award Findings and Questioned Costs None 118 OPKF O`CONNOR DAVIES ACCOUNTANTS AND ADVISORS PKF O'Connor Davies, LLP is a member firm of the PKF International Limited network of legally independent firms. MOT/ION OF/ SECQNDED BY Town of Mamaroneck VV v 7 1 K F E K S From: Tracy Yogman-Town Comptroller Re: Fire Claims 1Sf �1 Date: May 21, 2019 IV The following Town of Mamaroneck Fire Department claims have been certified by Chief Joseph Russo and submitted to the Comptroller's Office for payment: VENDOR DESCRIPTION Amount Repaired Scott Voice Amplifiers,batteries,Air Pak repair labor charge,Scott parts,Scott face AAA Emergency Supply Co. mask&Mobile Bail Out Truck rental $ 1,064.28 Cablevision Cable Services for 4/23/19-5/22/19 $ 224.20 CIT Xerox Copier contract 4/21/19 $ 296.68 Con Edison Fire HQ gas service 4/1/19-4/30/19 $ 814.86 Grainger Cleaning supplies $ 38.54 Inkitup Embroidery for Volunteer uniforms $ 450.00 Uniforms for Volunteers-Fleece&Job Shirts:DC Brod,jobshirts,Officers stripes:DC Hughes,LT. New England Uniform,LLC Sacks rain jacket $ 550.00 Ready Refresh Water Cooler Rental 3/19/19-4/18/19 $ 91.97 Sound Shore Pest Control Exterminating services on 4/18/19 $ 65.00 UniFirst Corporation Cleaning Supplies 4/12/19,4/19/19,4/26/19,5/3/19,5/10/19 $ 633.54 Verizon Fire HQ service 4/10/19-5/9/19 $ 254.11 Villa Maria Pizza Food for Department Drill 5/14/19 $ 114.34 Villa Maria Pizza Food for Drill 5/4/19:Personal Escape System Class,Explorer Drill 5/1/19 $ 171.10 Villa Maria Pizza Food for Fast Drill 4/24/19,Rescue Drill 4/29/19 $ 162.85 WJWW Water Charges 3/26/19-4/25/19 $ 27.43 WJWW 205 Weaver ST.charges 3/26/19-4/25/19 $ 82.24 Westech Elevator Services,Inc. Maintenance for month of May 2019 $ 175.00 $ $ - Total $ 5,216.14 APPROVED BY RESOLUTION OF BOARD OF FIRE COMMISSIONERS DATE 5 '.2//-,20 /_�/ Pio-r- -I-- O ` 9 9 Town of Mamaroneck 'LT - o m Town Center 740 West Boston Post Road,Mamaroneck, NY 10543-3353 OFFICE OF THE TOWN ADMINISTRATOR TEL 914-381-7810 - : - :09 saltieri@townofmamaroneckny.org www.townofmamaroneckny.org Memorandum MOTION OF SECONDED BY To: Supervisor and Town Board ✓ y Re: Renewal of Inter-Municipal Agreement K E K S City of New Rochelle Date: May 16, 2019 In 2015 the Town and the City of New Rochelle entered into an inter-municipal els agreement for the Town to provide certain highway related services to New Rochelle residents. The services include leaf collection and snow removal. Leaf collection is provided to those City residents living on Dogwood Lane, Wildwood Circle and a portion of Pryor Manor Road near Dillon Road. Snow removal iscte? provided on the same aforementioned streets and also on Forest Avenue between the Town/City border and Pinebrook Drive. The initial agreement has expired and is up for renewal. Attached is a copy of the proposed renewal agreement. The agreement is identical to the original with the following exceptions: • The reimbursement rates have been adjusted to reflect current costs and are updated regularly. For snow removal the Town utilizes the per mile rates established by New York State for snow removal. • Instead of having a hard and fast termination date, this agreement allows both parties to continue the arrangement from year to year with either party having the right to terminate upon six-month's notice. This past year the billing for leaf collection was $2,400 and $5,113 for snow removal. There is also an agreement between the Joint Garbage Commission and the City for the Commission to collect garbage and recycling from the residents on Dogwood Lane, Wildwood Circle, and Pryor Manor Road. A total of 16 homes in New Rochelle receive the service from the Commission. The City pays the Commission about $10,000 dollars a year for the service. Requested Action: that the Town Board approve the renewal of the inter- municipal agreement with the City of New Rochelle for leaf collection and snow removal services and that the Town Administrator be authorized to execute the agreement. 'Stephen V. Altieri Town Administrator t, Printed on Recycled Paper M INTERMUNICPAL AGREEMENT FOR SNOW AND ICE AND LEAF REMOVAL SERVICES TOWN OF MAMARONECK AND CITY OF NEW ROCHELLE THIS AGREEMENT is made and entered into as of the date of the last signature below("Effective Date"),by and between the Town of Mamaroneck(the"Town")and the City of New Rochelle(the"City"), each being a municipal corporation of the State of New York, having addresses at the Town, 740 West Boston Post Road,Mamaroneck,New York 10543,and the City, 515 North Avenue,New Rochelle,New York 10801. WHEREAS, the City desires to have the Town provide, and the Town is willing to provide: (i) snow and ice control services, including road treatment of salt and salt brine, and plowing when snow accumulates to three(3)inches,all in accordance with the Town's snow and ice operations,to the following 3.09 lane miles of City-owned roads: Forest Avenue (2.20 miles); Pryor Manor Road (0.33 miles); Dogwood Lane(0.31 miles)and Wildwood Circle(.025 miles); and(ii)leaf collection services up to four (4)times per season from sixteen(16)residents adjacent to the aforesaid City-owned roads (collectively, the"Services");and WHEREAS,the Town has the available manpower,machinery,materials and equipment to provide the Services for and within the City. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,the Town and the City hereby agree as follows: 1. Scope of Services a. The Town shall perform the aforementioned Services in the City when deemed necessary and appropriate by the Town, and the Services shall be generally performed with such frequency,to such degree and with similar specifications and requirements as the Town performs the same services on the streets and roads within the Town. The designated Town personnel shall have the ultimate authority and discretion to determine how best to have the Services performed within the City in accordance with the same services being performed on the streets and roads within the Town. b. The following are expressly excluded from the Services to be performed hereunder: (i) The removal(hauling)of accumulated piles of plowed snow from streets; (ii) Parking restrictions notices and enforcement; (iii) Responding to resident complaints;and (iv) Right-of-way restoration(plow damage, salt erosion,etc.) c. Any delay in or failure of performance by the Town under this Agreement shall be excusable if such delay is caused by occurrences beyond the control of the Town,including,but not limited to, acts of God, compliance with any order or request of any governmental authority, acts of war or terrorism, sabotage, accidents, strikes or other concerted actions of employees, and any other cause not within the control of the Town. d. Notwithstanding anything to the contrary in this Agreement, the Town's performance of the Services within the City shall in no way be deemed or construed to mean that by execution of this Agreement the Town has accepted or intends to accept the dedication of the City streets and roads. The City streets and roads are and shall remain the property of the City and/or under the City's control and, f f other than the specific Services to be provided by the Town hereunder, the City shall remain fully responsible for keeping and maintaining the City streets and roads in good repair and safe for vehicular and pedestrian traffic. 2. Payment for Services/Record Keeping. The City agrees to reimburse the Town for expenditures incurred by the Town for the provision of Services hereunder. The Town will provide an annual update of the estimated expenditures to be determined by the Town's Highway Superintendent. The estimated expenditure of the Services shall be as follows: a. For snow and ice control services, the estimated expenditure shall be $1,578.00 per lane mile for 3.09 lane miles, for a total of $4,876.02 for the 2019/2020 winter season (which includes equipment, labor, materials and related expenses). The Town will provide an annual adjustment for the rate for snow and ice removal based on the intensity and severity of the winter season in accordance with the New York State Department of Transportation rate per mile. b. For leaf collection services,the estimated expenditure shall be $2,400. This cost is based on the average salary at$30 per hour,and one(1)crew working'A day at four(4)times per season. Crew includes one(1)front end loader with operator;three(3)trucks with drivers hauling leaves;one(1)ground laborer,fuel and supervision. c. The Town shall maintain written records of the Town's performance of the Services within the City using the Town's designated personnel's customary log indicating the dates, locations,number of miles, number of hours, and associated equipment and materials used. The required payment for the Services to the Town by the City shall be within thirty(30) days after receipt of an invoice and properly executed City Standard Claim Form from the Town. 3. Insurance. Both the Town and the City shall maintain and keep in full force and effect during the term of this Agreement, general liability, vehicle liability, public employment liability, public officials' liability,and Workers' Compensation insurance coverage, such coverages to be provided under the Town's and City's s respective current policies. Upon reasonable request by the other, the Town and the City will provide one or more certificates of insurance evidencing the coverages required by this Agreement, or proof of self-insurance coverage. 4. Indemnification. The Town agrees to indemnify, hold harmless and defend the City, and its officers,employees,agents and elected officials,for injury or death to any person or persons or damage to property arising out of this Agreement and the Services to be provided hereunder by the Town and its employees, subcontractors or agents, except for any actions and claims arising out of the negligence of the City. 5. Term. This Agreement shall be for an initial term commencing as of the Effective Date indicated above and ending on May 1, 2020, and shall then continue year to year thereafter, provided, however, that either party may terminate this Agreement upon six(6) months written notice to the other party.Termination pursuant to this paragraph shall not relieve the Town or City from any obligations arising prior to such termination,including,but not limited to,provision of the Services by the Town,and payment by the City for the Services. 6. Miscellaneous:. This Agreement (i) shall be governed by the laws of the State of New York;(ii)constitutes the entire agreement between the Town and City with respect to the subject matter of this Agreement; (iii) supersedes all prior agreements, understandings and arrangements, both oral and written, between the Town and City with respect to such subject matter; and (iv) may not be modified in any way unless in writing signed by both parties. The waiver by any party of a breach or violation of any term or provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach or violation. If any court of competent jurisdiction holds any provision of this Agreement invalid or unenforceable,the other provisions of this Agreement will remain in full force and effect. Any provision of this Agreement held invalid or unenforceable only in part or degree will remain in full force and effect to the extent not held invalid or unenforceable.The Town and City agree to execute and deliver such other documents and to perform such other acts as may, from time to time, be reasonably required to give full force and effect to the intent and purpose of this Agreement.Each party executing this Agreement represents and warrants that (i) he or she has the specific authority to bind the party on whose behalf he or she is signing this Agreement; (ii)the consent of any third parties is not required to perfect such authority; (iii) the party on whose behalf he or she is signing this Agreement has undertaken all actions required to enter into this Agreement;and(iv)his or her signature represents the binding obligation of such entity. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized representatives. CITY OF NEW ROCHELLE By: Date: CHARLES B. STROME, III CITY MANAGER TOWN OF MAMARONECK By: Date: STEPHEN ALTIERI TOWN ADMINISTRATOR • o 101-* oo Town of Mamaroneck w m Town Center x 740 West Boston Post Road,Mamaroneck,NY 10543-3353 OFFICE OF THE TOWN ADMINISTRATOR TEL 914-381-7810 FAX 914-381-7809 saltieri@townofmamaroneckny.org MOTION OF www.towna igpp pc&Yy.org Memorandum 9 v To: Supervisor and Town Board Re: Authorization- Grant Contract KF EKS New York State Energy Research and Development Agency (NYSERDA) • 4\) Date: May 17, 2019 Previously, the Town had applied for a grant from NYSERDA to implement a building energy efficiency project. The project is to replace four air conditioner condensing units on the roof of the Town Center. With this project and the air conditioner condensing units replaced through the Energy Performance Contract, the Town will have a complete set of new energy efficient units for the air conditioning of the Town Center. The units to be replaced with this grant are over 30 years old. They utilize R-22 Freon which can no longer be used in new air conditioning and refrigeration units. As a result, R-22 is very hard to find and very expensive. Attached is a summary of the project that will be attached to the contract. The estimated cost of the project is $81,200. The grant from NYSERDA is $50,000. The Town share is $31,200. I have not provided the full text of the contract since it is 35 pages long. It has been reviewed by the Town Attorney and staff. We have raised three or four questions on the contract that we expect to resolve prior to the Board meeting. The Board will be updated on those questions at the meeting. ACTION REQUESTED: THAT THE TOWN APPROVE THE CONTRACT BETWEEN NYSERDA AND THE TOWN OF MAMARONECK FOR A GRANT IN THE AMOUNT OF $50,000 FOR THE REPLACEMENT OF AIR CONDITIONNING UNITS AT THE TOWN CENTER AND THAT THE TOWN BOARD AUTHORIZE THE EXECUTION OF THE CONTRACT BY THE TOWN ADMINISTRATOR 4 , . . Stephen V. Altieri Town Administrator i� Printed on Recycled Paper New York State Energy Research and Development Authority ("NYSERDA") AGREEMENT 1. Agreement Number: 123579 2. Contractor: Town of Mamaroneck 3. Project Director: Stephen Altieri 4. Effective Date: May 15,2019 5. Total Amount of Award: $50,000.00 6. Project Period: May 15, 2019—December 31, 2020 7. Commitment Terms and Conditions This Agreement consists of this form plus the following documents: -Exhibit A, Statement of Work; -Exhibit B, General Contract Provisions,Terms and Conditions; -Exhibit C, Standard Terms and Conditions; - Exhibit D, Prompt Payment Policy Statement; and -Exhibit E,Metrics Reporting Instructions. 8. ACCEPTANCE. THIS AGREEMENT SHALL NOT BECOME EFFECTIVE UNLESS EXECUTED BELOW BY NYSERDA. TOWN OF MAMARONECK NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY Signature: Signature: Cheryl M. Glanton Name: Director of Contract Management Title: 1 STATE OF ) ) SS.: COUNTY OF ) On the day of in the year ,before me,the undersigned, a Notary Public in and for said State,personally appeared personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s)whose name(s)is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their signature(s)on the instrument,the individuals(s), or the person upon behalf of which the individual(s) acted, executed the document. Notary Public 2 Exhibit A—Statement of Work Clean Energy Communities(CEC)Program Town of Mamaroneck CEC500645/Contract 123579 Project Background The Town of Mamaroneck (hereafter, the "Contractor" or "Town") will implement a building energy efficiency project. The project will upgrade the air conditioning condenser units servicing the Town Center building; replacing four (4) separate condensers and air handlers, and install new refrigeration piping, zone valves and new hot water piping. The safe and proper disposal as per New York State Department of Envrionmetnal Conservation requirementsof the R-22 refrigerant used in the current 30 year old system will be a key component of this project. The Town has pre-selected Atlantic Westchester HVAC to implement the project with an estimate of $81,200 with the Town providing a cost share of$31,200. Any additional costs incurred in order to complete the Project shall be the sole the responsibility of the Contractor. Under this Agreement,the Contractor shall implement: Component 1: Replace the current four(4) condensers and air handlers with new efficient units. Recover, remove, and dispose of existing refrigerant and equipment, as described above. The new units shall use 38%less electricity accounting for a reduction of 14,812 kWh annually. Definitions Contractor Team: At the beginning of the Project Period, the Contractor Team for this Agreement shall consist of the Contractor and its Subcontractor, Atlantic Westchester HVAC. Any additional Subcontractors that were not identified in the Clean Energy Community Grant Application shall be identified and selected in accordance with Article V of this Agreement and shall be promptly communicated to the NYSERDA Project Manager. The Contractor shall have the sole responsibility for satisfactory completion of all Tasks and Deliverables outlined in this Agreement. NYSERDA Project Manager: NYSERDA shall assign a staff member as the NYSERDA Project Manager,designated to oversee and serve as the main point of contact for the Contractor. The NYSERDA Project Manager shall review Deliverables and provide direction to the Contractor in a streamlined fashion. The NYSERDA Project Manager shall be responsible for approving Deliverables and ensuring compliance with this Statement of Work. Metrics Report: The Contractor shall provide preliminary (design) and final (completion) quantified documentation of the benefits of the project, including Greenhouse gas reductions and energy savings, determined and documented as outlined in Exhibit E, Metrics Reporting Instructions. NYSERDA shall use the Metrics Report to: assess activities in the project, capture the extent of benefits delivered,and gauge performance of the project and of the CEC Program. 3 Deliverable Review Process The Contractor shall submit all Deliverables outlined in this Agreement to the NYSERDA Project Manager once a Task is completed. The Contractor shall submit all Deliverables in Microsoft Word, Microsoft Excel, and/or PDF format(or other format as identified in the Tasks below). Within thirty (30) business days of receipt of each Deliverable, the NYSERDA Project Manager shall provide comments to the Contractor or, if the Deliverable is acceptable, the NYSERDA Project Manager shall provide fmal approval. The Contractor shall prepare revisions to the Deliverable reflecting the NYSERDA Project Manager's comments and resubmit any revised Deliverable within thirty (30) business days after receipt of these comments. All Deliverables shall not be considered fmal unless approved by the NYSERDA Project Manager in writing to the Contractor. Minimum Performance Requirements Listed below are the minimum performance requirements for efforts and/or technologies funded under this Agreement. NYSERDA will consider written requests for modifications to the minimum requirements,however modifications are subject to NYSERDA review and approval. The Contractor may propose a project based on previous design efforts,but the project must meet the Minimum Performance Requirements. Implementation or installation must occur after approval of the design. Previous design services, installed,or implemented measures or project elements will not be funded under this Contract. The NYSERDA Project Manager will schedule routine conference calls to ensure the project is on track and meet the required guidelines. Building Energy Upgrades • Project costs shall be recovered by the applicant through energy savings within twenty (20)years; • Equipment must be in continuous use for a period of at least four(4)years. Total Contract Award The total NYSERDA award amount and the total project cost for all Tasks shall not exceed the amount identified in the Milestone Payment Table below. All cost overruns shall be the sole responsibility of the Contractor. Tasks The Contractor is solely responsible for all Tasks in this Statement of Work. Submission of deliverables to NYSERDA electronically(by email or via Salesforce)constitutes certification of the veracity of information contained therein,and compliance with Minimum Performance Requirements as identified in this Agreement. The Contractor shall conduct all work as outlined in the following Tasks: Task 1.0: Executed Agreement The Contractor shall submit documentation attesting to agreement to perform the project according to the Performance Requirements and terms and conditions of the Agreement. Deliverables: 1.0 Submit invoice that executed Agreement as outlined under Task 1.0 above is completed. 4 Task 2.0:Design Phase The Contractor shall complete the design/specifications and then the metrics workbook in accordance with Exhibit E,Metrics Reporting Instructions. The Task 2 Design Metrics Submittal shall be completed to demonstrate that the design/specifications meets the Minimum Performance Requirements described above and data collected to the level of detail needed to estimate the energy and greenhouse gas (GHG) savings benefits. Throughout the term of the contract, any deviations from the approved Minimum Performance Requirements and the implemented project shall be approved in writing by the NYSERDA Project Manager. By request,NYSERDA reserves the right to obtain and review design/specifications. Deliverables: 2.0 Design Metrics Submittal, completed metrics workbook (in Excel format) and any required additional documentation. *GO/NO GO DECISION—THE CONTRACTOR SHALL NOT BE ALLOWED TO WORK ON ANY FURTHER TASKS UNDER THIS AGREEMENT WITHOUT WRITTEN PERMISSION FROM THE NYSERDA PROJECT MANAGER,WHICH SHALL BE ISSUED AT NYSERDA'S SOLE DISCRETION. Task 3.0:Implementation Phase The Contractor shall complete the Task 3 - 50%Implementation Submittal in accordance with Exhibit E, Metrics Reporting Instructions,documenting that purchase orders or equivalent have been issued,the project meets Minimum Performance Requirements, and 50%of the Project is complete. Upon request,the Contractor must provide documentation illustrating that 50%of the project has been completed(e.g., photos, invoices, specifications or reports). If requested,the Contractor shall coordinate with the NYSERDA Project Manager to schedule a date for a site inspection. For outreach and planning activities(where applicable),the Contractor shall provide documentation of public outreach conducted and a draft version of the Plan.NYSERDA may also request documentation outlining the municipality's competitive procurement process. Deliverable: 3.0 50% Implementation Submittal and other documentation(where applicable). Task 4.0: Proiect Completion The Contractor shall complete the Task 4 - Project Completion Submittal(s) in accordance with Exhibit E, Metrics Reporting Instructions. This submittal, documents fmal metrics data, verifies that the project is complete, and the design/specifications meet the project Minimum Performance Requirements. For outreach and planning activities (where applicable), the Contractor shall provide a final report and/or Plan. Site Inspection: If requested, the Contractor shall coordinate with the NYSERDA Project Manager to schedule a date for a site inspection upon the completion of the Project. NYSERDA may also request applicable documentation including, but not limited to photos of the funded project components. 5 Deliverable: 4.0 Project Completion Submittal(s), fmal metrics workbook (in excel format), and other documentation(where applicable)as outlined under Task 4.0 above. Milestone Payment Table The project milestones and schedule of payments is shown below. Any adjustments to the milestone deliverable dates must be approved in writing by the NYSERDA Project Manager. The Contractor shall submit invoices for payment of a completed milestone once the associated Deliverable(s)is approved by the NYSERDA Project Manager. Invoices shall be submitted in a template provided by NYSERDA and as outlined in Article IV of the Agreement.NYSERDA funding shall not exceed 100%of the cost of any milestone.NYSERDA is not responsible for any Deliverable costs that are greater than the NYSERDA contribution for each milestone. If the Contractor fails to complete the project or any milestone of the project, funds disbursed shall be subject to recapture as outlined in Section 2.03 under Exhibit B. NYSERDA CEC grant funds shall only cover the cost of the project after any other incentives (private, state, federal, etc.)received by the Contractor are removed. It is NYSERDA's expectation that all dollars awarded under this contract will be used to support clean energy projects. Should Contractor find available funds, for example through cost savings achieved in performance of the Statement of Work, Contractor agrees to use those funds for clean energy projects. NYSERDA NYSERDA Contribution Contribution Milestone Milestone (%)(Not to ($)(Not to Dates Deliverable Description Exceed) Exceed) Total 1.0 Q2 2019 Executed Contract 25% $12,500.00 $12,500.00 Design Phase 2.1 Q3 2019 Design Phase—Energy Efficient HVAC 8% $3,750.00 $3,750.00 Implementation Phase 3.1 NA Implementation Phase-Energy Efficient HVAC 0% 0 $0 Project Completion 4.1 Q2 2020 Project Completion-Energy Efficient HVAC 67% $22,500.00 $33,750.00 Total Project Budget 100% $50,000.00 $50,000.00 6 12)1DT- 4'-E!') 4 IP sle :` t . Town of Mamarone5- -di - Dot3 ck z "' m Town Center ' t 740 West Boston Post Road,Mamaroneck,NY 10543-3353 -te¢rteera€.. Office of the Comptroller TEL: 914/381-7850 FAX:914/381-7809 towncomptrollcr(atownofmamaroneck.org Memorandum SECONDED BY MOTION OF I y ✓ / I To: Stephen Alfieri, Town Administrator K F EKS Town Board Members From: Tracy Yogman, Town Comptroller Date: May 21, 2019 Re: Authorization- Transfer of Funds Dedication Bench The Town has accepted a donation for the purchase and installation of a memorial bench from Ms. Heather Waters and wish to thank her for the generous contribution in the amount of$1,500. The funds are currently in the Town's Trust Account (T.0000.0097). REQUESTED ACTION: Town Board approval to transfer funds in the amount of$1,500 from the Town Tree Fund (A/C T.0000.0097) to the General Fund for the purchase of a memorial bench in Memorial Park and the following budget amendment: BUDGET AMENDMENT _ GENERALTOWN WIDE FUND(FUND Al: Rev A.0000 5041 TRANSFERS FROM TRUST FUND Increase I $1,500 00„ LES ,A.8510.4178 PLANTS/TREES/MOSQUITO CONTROL Increase 1_$1,50000 ```, !-j — di —2A o o Town of Mamaroneck W n \ m Town Center ~FDUNDED•1661• 740 West Boston Post Road, Mamaroneck, NY 10543-3353 TEL: 914/381-7810 OFFICE OF THE TOWN ADMINISTRATOR FAX: 914/381-7809 saltieri@townofinamaroneckNY.org Memorandum MOTION OF i SECO DED BY To: Supervisor & Town Board v Re: Set Public Hearing—Water District Bonds K F EK S Date: May 15, 2019 OktiLC 1 C -a •2CLj� 1, 1 At the April 24, 2019 Town Board Meeting, a resolution was adopted to set a public hearing for consideration of a water district bond issue in the amount of $350,000.00. The public hearing was set for the May 21st Town Board Meeting. The Town Clerk has learned from the Ccy- Journal News that they failed to publish the public hearing notice as required. Therefore, it is necessary for the Town Board to again adopt a resolution to set a public v/.1 hearing for the Water District Bond. There is sufficient time for the Board to set the public hearing for Wednesday,June 5, 2019. Attached is the revised paperwork for the order to call *" the public hearing. /;;.-----A---- Stephen V. Altieri Town Administrator 4161-4106-8059.01 42289-2-64 At a regular meeting of the Town Board of the Town of Mamaroneck, Westchester County, New York, held at the Town Hall, in Mamaroneck,New York in said Town,on the 21' day of May, 2019, at 8:00 o'clock P.M., Prevailing Time. PRESENT: ABSENT: In the Matter of ORDER The Increase and Improvement of Facilities CALLING of the Consolidated Water District in the PUBLIC Town of Mamaroneck, Westchester County, HEARING New York WHEREAS, pursuant to proceedings heretofore had and taken by the Town Board of the Town of Mamaroneck,Westchester County,New York,pursuant to the provisions of Section 202-b of the Town Law, it has been determined to be in the public interest to provide for a certain increase and improvement of the facilities of the Consolidated Water District in the Town of Mamaroneck, Westchester County, New York, at a maximum estimated cost of $2,513,500, consisting of the construction of a new Kenilworth Water Storage Tank,reconstruction of the Rye Lake Ultra Violet facility and water infrastructure improvements related to the planned paving projects of the Town of Mamaroneck,including incidental improvements and expenses in connection therewith; and ti WHEREAS, a map, plan and report including an estimate of cost has heretofore been prepared in connection therewith and is on file in the office of the Town Clerk of such Town; and WHEREAS, said capital projects, as proposed,have been determined to be Type II Actions pursuant to the regulations of the New York State Department of Environmental Conservation promulgated pursuant to the State Environmental Quality Review Act, as such, will not have any significant adverse impact on the environment; and WHEREAS, in order to undertake the improvements to the aforesaid facilities as described therein, it will be necessary to expend the sum of$2,863,500, an increase of$350,000 over that previously authorized and an addendum to said map, plan and report has been prepared in connection therewith; and WHEREAS, it is now desired to call a public hearing on the question of authorizing such increase and improvement of facilities of said Consolidated Water District at the revised maximum estimated cost;NOW,THEREFORE,IT IS HEREBY ORDERED, by the Town Board of the Town of Mamaroneck, Westchester County, New York,as follows: Section 1. A public hearing will be held at the Town Hall, 740 West Boston Post Road, in Mamaroneck, New York, in said Town, on the 5th day of June, 2019, at 8:00 o'clock P.M., Prevailing Time, on the question of increasing and improving the facilities of the Consolidated Water District in the manner described in the preambles hereof, and to hear all persons interested in the subject thereof, concerning the same, and to take such action thereon as is required or authorized by law. Section 2. The Town Clerk is hereby authorized and directed to cause a copy of the Notice of Public Hearing hereinafter provided to be published once in the official newspaper -2- s ' designated for this purpose, and also to cause a copy thereof to be posted on the sign board of the Town, such publication and posting to be made not less than ten,nor more than twenty,days before the date designated for the hearing. Section 3. The notice of public hearing shall be in substantially the form attached hereto as Exhibit A and hereby made a part hereof. Section 4. This Order shall take effect immediately. The question of the adoption of the foregoing Order was duly put to a vote on roll call, which resulted as follows: The Order was thereupon declared duly adopted. * * * * * * * -3- n314 •-1OTION OF SE ONDED BY 0 �'o Town of Mamaroneck W m Town Center ~ 7 740 West Boston Post Road Mamaroneck FOUNDED 1661 • > > , r TEL: (914) 381-7812 OFFICE OF THE TOWN ADMINISTRATOR FAX: (914) 381-7809 TO: Stephen Altieri, Town Administrator cgreenodonnell@townofinamaroneckny.org Nancy Seligson, Town Supervisor Town Board Members FROM: Connie Green O'Donnell, Deputy Town Administrator DATE: May 14, 2019 SUBJECT: Authorization to Appoint an Office Assistant-Police Department Authorization is requested to appoint Karen Orchanian, who currently works part-time in the Police Department, as a full-time Office Assistant. As required by Civil Service Ms. Orchanian passed the test and is reachable on the list. If appointed, she will be required to serve a probationary period of fifty-two (52) weeks. It is being recommended that Ms. Orchanian be appointed effective May 22, 2019 at an annual salary of$56,000. As for the funding of the position, currently there is$40,000 budgeted, however, there will be additional savings in overtime expenses due to the Police Officer, handling the administrative duties, will be assigned to more patrol duties. Given this position is one that handles confidential matters it is classified as non-union and therefore, will be entitled to the compensation and benefits that are stipulated in the enclosed employment agreement. Ms. Orchanian has worked part-time in the Police Department since June 2017. Her prior work experience includes having worked for a major credit card company as a senior tax accountant, as a teacher's aide in a neighboring public school and as an office manager/bookkeeper for a local garden center. Her current job duties include, compiling and submission of the payroll reports, printing and distributing various police reports, entering traffic and parking summons information into a data base, answering phones, distributing mail, responding to Freedom of Information Law(FOIL) requests, compiling information for the Court Clerk, as well as other job functions. In addition, she provides administrative support to Chief Creazzo and Lt. Maher. As a full-time employee Ms. Orchanian will be given additional responsibilities, most of which are currently performed by a Police Officer. According to Chief Creazzo and Lt. Maher, Ms. Orchanian, has proven to be an exemplary employee and has had a positive impact on the administrative operations in the Police Department. Ms. Orchanian is a very conscientious worker and is detailed orientated. Her handling of confidential matters is done so in a professional manner. ACTION REQUESTED: That the Town Board approve the appointment of Karen Orchanian as a full-time Office Assistant effective May 22, 2019 at an annual salary of$56,000. F n_ 1 0 q p Town of Mamaroneck W 41 , Town Center f, 740 West Boston Post Road,Mamaroneck,NY 10543-3353 OFFICE OF THE TOWN ADMINISTRATOR TEL 914-381-7810 FAX 914-381-7809 saltieri@townofmamaroneckny.org May 22, 2019 www.townofmamaroneckny.org Karen Orchanian 685 Weaver Street Larchmont, NY 10538 RE: Employment Agreement Dear Ms. Orchanian: This letter will serve as your employment agreement with the Town of Mamaroneck while holding the position of Office Assistant. As of your appointment date, May 22, 2019, you will be required to serve a probationary period of fifty-two (52) weeks. Following are the benefits and terms and conditions of the Agreement: ➢ Salary: Your annual salary of$56,000 is effective May 22, 2019. Any adjustments to salary will be considered during the annual budget review process for management and non-union staff. ➢ Health Insurance: You are eligible to participate in the New York State Health Insurance Program (NYSHIP) as of June 1, 2019. If you elect the coverage, you will be required to contribute five percent (5%) of the premium. If you retire through the New York State &Local Retirement System (NYSLRS) and have completed fifteen (15) years of continuous full-time service with the Town of Mamaroneck, you and your eligible dependents will be entitled to receive healthcare coverage in retirement. If elected, you will be required to pay ten percent (10%) of the premium. The cost for retiree healthcare coverage may be paid by accrued health insurance credits as explained in the attached "CSEA Retiree Health Care Contribution System" statement. In the event you predecease your eligible dependents the Town, at its expense, will continue to provide healthcare coverage for your eligible dependents for three (3) months commencing the first of the month following your death. At the end of the three (3) month period, your dependents' eligibility to continue coverage will be in accordance with the NYSHIP provisions. ➢ Health Insurance "Buy-out": If you decide not to elect the NYSHIP coverage, you will be eligible for the "buy-out" payment provided you are not covered by the NYSHIP for a period of twelve (12) consecutive months. The payment would be five thousand dollars ($5,000) if you are eligible for a family health insurance plan or four thousand dollars ($4,000) if you are eligible for an individual plan, both of which would be subject to applicable withholding and payroll taxes. iotPrinted on Recycled Paper D. New York State &Local Retirement System: Your membership in the retirement system will continue and the required contribution will be withheld from your salary in accordance with the plan provisions associated with Tier 5. The Town will provide you with the benefits of Section 41j which would permit you to use your unpaid sick leave up to one hundred sixty-five (165) days towards retirement service credit. D. Dental Plan& Optical Plan: You will be eligible to participate in the MetLife Dental Plan and the CSEA Employee Benefit Fund Optical Plan effective June 1, 2019 at no cost to you. ➢ Life Insurance &Accidental Death&Dismemberment Insurance: You will be covered by a ten thousand dollar ($10,000) life insurance policy and a ten thousand dollar ($10,000) accidental death and dismemberment policy at no cost to you. D. New York State Deferred Compensation Plan: You are eligible to participate in the Plan which permits salary deferrals on a pre-tax basis, subject to annual contribution limits. The Plan is governed by the regulations stipulated in the Internal Revenue Code. D. Sick Leave: You will receive one (1) sick day for each full month employed in 2019. On January 1st of each subsequent year you will be credited with twelve (12) sick days. The balance of unused sick days is carried over to the following calendar year and there is no limit as to the number of days that can be accumulated. An additional sick day is earned if you have not used a sick day in a consecutive four (4) month period in a calendar year. If in any calendar year you have not used sick time, you will be eligible to receive a bonus payment of four hundred dollars ($400), which would be subject to applicable holding and payroll taxes. ➢ Workers' Compensation: You will be entitled to Workers' Compensation benefits pursuant to the applicable requirements of the laws of New York State. If you are absent from work because of a job related injury as defined by the law, you shall be granted leave with full pay for a period not to exceed nine (9) months exclusive of accumulated sick leave and vacation leave. ➢ Vacation Days: In 2019 you will be entitled to nine (9) vacation days. On January 1st of each following year you will be entitled to fifteen (15) days until you attain ten (10) years of continuous full-time employment, at which time you will be entitled to twenty (20) days. Scheduling of such is subject to the approval of the Police Chief and requests to carryover vacation must be approved by the Town Administrator or his/her designee. If upon retirement, resignation or separation (other than cause), you will be paid for unused vacation not to exceed one (1) year of vacation entitlement. ➢ Health Club or Gym Membership: You will be eligible to receive reimbursement for health club or gym membership expenses incurred on or after May 22, 2019. The maximum reimbursement in a calendar year is two hundred and seventy-five dollars ($275). > Personal Time: You will be entitled to personal leave for appointments and personal business that cannot be otherwise completed outside the normal work hours. Requests for personal leave are subject to the approval of the Police Chief. ➢ Longevity: You will be entitled to longevity payments as stated in the collective bargaining agreement between the Town and the Civil Service Employees Association (CSEA). > Holidays: You will be entitled to the paid holidays listed in the collective bargaining agreement between the Town and the Civil Service Employees Association (CSEA). The offer for you to serve as the Office Assistant in the Police Department is made with the understanding that there is no personal conflict of interest pertaining to you that will adversely affect your ability to perform the duties of this position. You agree that you shall not conduct any private work that would be in conflict with your duties in the Town of Mamaroneck. We hope that you find the position to be a truly rewarding and challenging experience. Sincerely, Stephen V.Altieri Town Administrator Please indicate your acceptance of this Employment Agreement by signing where indicated below. Karen Orchanian Date cc: Paul Creazzo, Police Chief James Maher, Lieutenant Connie Green O'Donnell, Deputy Town Administrator CSEA Retiree Health Care Contribution System 1.As provided in the Agreement, employees hired on or after January 1, 2013 shall be required to contribute to the cost of health insurance upon retirement should the employee elect to continue the benefit. 2. Employees shall contribute ten percent (10%) of the annual premium cost for health insurance. 3. The following establishes a system whereby an employee may accrue health insurance credits based upon accumulated sick leave at retirement. The credits will be applied to the employee's contribution to the cost of health insurance. The system shall be applied as follows: i.For each year of active service a record will be maintained to account for accumulated sick leave. ii. Upon retirement the total number of sick leave hours will be converted into health insurance credits by multiplying the number of hours times the final average regular hourly salary rate for the last five (5) years of employment with the Town. As an example, if upon retirement an employee had two hundred (200) days of accumulated sick leave and the final average daily salary rate was one hundred fifty dollars ($150), the employee would have thirty thousand dollars ($30,000) worth of health insurance credits. 4. Upon retirement the Town will, each month, reduce the retiree's bank of health insurance credits by a sum equal to ten percent (10%) of the monthly premium for health insurance until such time as the bank of health insurance credits has been exhausted. 5. The Town will notify the retiree when their health insurance credits have been exhausted. At that time the retiree must notify the Town in writing to advise the Town whether they will continue or discontinue health insurance coverage. 6. If the retiree elects to continue health insurance coverage they must pay to the Town an amount equal to ten percent (10%) of the cost of the health insurance premium. 7. Retirees may pre-pay a full year's health insurance contribution in January of each year or make payments on the first day of each quarter; January 2, April 1, July 1 and October 1. The Town will notify retirees of the monthly premium amount to be paid and any changes to the premium to be paid. Except for notification of changes in monthly premiums to be paid by the retiree, the Town will not be required to send regular bills or invoices. Payments not received within thirty (30) days of the dates listed herein shall result in the cancellation of the retiree's health insurance coverage. 1901- v Q �o �'o Town of Mamaroneck _ in Town Center ~FOUNDED 1661 x 740 West Boston Post Road, Mamaroneck, NY 10543-3353 TEL: (914) 381-7812 OFFICE OF THE TOWN ADMINISTRATOR FAX: (914) 381-7809 cgreenodonnell@townofmamaroneckny.org TO: Stephen Altieri, Town Administrator MOTION OF SECONDED BY Nancy Seligson, Town Supervisor ✓ / / / I Town Board Members K F VGc K c FROM: Connie Green O'Donnell, Deputy Town Administra r �7 2 DATE: May 15, 2019 SUBJECT: Authorization to Appoint a Recreation Assistant Authorization is requested to appoint Michelle Ballantyne as a Recreation Assistant at the Hommocks Ice Rink. Since this title is non-competitive, we are not required to select an individual on a Civil Service eligibles list. If appointed, Ms. Ballantyne would be required to serve a fifty-two (52) week probationary period. It is recommended that Ms. Ballantyne be appointed to the full-time position of Recreation Assistant, no later than June 21, 2019, at an annual salary of$52,657. This position is newly created and is reflected in the 2019 Town Budget. Attached for your information is the job description for the position. Ms. Ballantyne has held various part-time and seasonal positions in the Recreation Department since 2012, primarily working at the Hommocks Ice Rink as a cashier and has assisted in coordinating various ice rink events for the past two years. In addition, Ms. Ballantyne has been employed by South East Consortium since January 2012 holding a number of positions, including Program Instructor, Camp Director, Billing and Payroll Coordinator and most recently Program Supervisor. According to Jill Fisher, Superintendent of Recreation, Ms. Ballantyne is very dependable and trustworthy and has excellent customer service skills. Both Robert Lunde, the Ice Rink Manager, and Ms. Fisher concur that Ms. Ballantyne is the most qualified candidate to assume the position given her having worked at the Ice Rink for several years and her commendable performance. ACTION REQUESTED: That the Town Board approve the appointment of Michelle Ballantyne to the position of Recreation Assistant, no later than June 21, 2019, at an annual salary of$52,657. 3�F 4%. Town of o z xMamaroneck New York •i OUhO[O t44,• RECREATION ASSISTANT HOMMOCKS ICE RINK The Recreation Assistant, under the direction of the Hommocks Ice Rink Manager, assists in the conduct of recreation services, activities and events. This position is entry level in the field of recreation and involves the performance of routine tasks. Does related work as required. EXAMPLES OF WORK: Assists with oversight of all recreation based programming operating out of the Hommocks Ice Rink, including, but not limited to, skating lessons, youth hockey and seasonal special events; Assists with facility marketing, promotions and advertising strategies for the Ice Rink. Answers telephones, responds to e-mails and correspondence, as well as responds to inquiries from the public regarding the Ice Rink and programs offered; Assists with the scheduling of ice time, rentals, parties, programs and special events; Assists Rink Manager with generating ice rental invoices and ensures timely and proper receipt of payments; Assists Rink Manager with scheduling part-time personnel; Provides customer service, as needed, and assists in the enforcement of all facility policies and procedures; May assist at other Recreation Department facilities, events and/or assignments based on the needs of the department; May assist in giving first aid, if required; May operate audio-visual equipment; May be required to operate a vehicle. REQUIRED KNOWLEDGE, SKILLS, ABILITIES AND ATTRIBUTES: Familiarity with all types of sports, crafts, and games; familiarity with first aid; ability to comprehend, remember and follow detailed oral directions; ability to understand and carry out written directions; interest in recreation work; creativity; reliability; ability to get along well with others; ability to read, write, understand and communicate in English sufficiently to perform the essential functions of the position; initiative; patience; tact; resourcefulness; reliability; physical condition commensurate with the duties of the position. ANNUAL SALARY RANGE: $44,206 - $52,657 Interested candidates should forward their resume with a cover letter by Friday, April 26, 2019 to: Connie Green O'Donnell Deputy Town Administrator Town of Mamaroneck 740 West Boston Post Road Mamaroneck, NY 10543 cgreenodonnell@townofmamaroneckny.org The Town of Mamaroneck is an Equal Opportunity Employer Prohibits Discrimination& Harassment OTT 4= IT,$) 0o Town of Mamaroneck f.LU z = i 0 Town Center •FOUNDED 1661 • 740 West Boston Post Road, Mamaroneck, NY 10543-3353 TEL: (914) 381-7812 OFFICE OF THE TOWN ADMINISTRATOR FAX: (914) 381-7809 cgreeno.onnell@townofmamaroneckny.org TO: Stephen Altieri, Town Administrator Nancy Seligson, Town Supervisor MOTION OF SECONDED Y Town Board Members / _ /' I FROM: Connie Green O'Donnell, Deputy Town Administrat•r VK VF E K S DATE: March 15, 2019 SUBJECT: CSEA Job Group Reclassification-Maintenance Worker In March the Town Board approved payment of a$2,800 stipend to the Maintenance Worker in the Recreation Department in recognition of their performing specific managerial duties at the Hommocks Ice Rink. Approval was obtained from the CSEA to add this stipend to the Agreement. After further consideration it was decided that the better approach would be to reclassify the position by placing the Maintenance Worker title in a more suitable Job Group in the CSEA Agreement. It should be noted that the CSEA Agreement covers both the office staff and highway workers, however, there are separate salary schedules. Although the title of Maintenance Worker is a position that requires the ability to perform routine manual labor tasks, it is listed under the Job Group Classifications for office staff. A comparable position in the Highway Department would be Laborer. The salary range for the Laborer position is similar to that of Job Group VII which is in the Office Salary Schedule. For comparison purposes, noted below are the respective salaries in the Office and Highway Salary Schedules. Office Staff-Job Group VII, Step 8- $68,798 Highway-Job Group 1, Step 8-$68,557 Therefore, it is being recommended that the Maintenance Worker title, which is currently in Job Group IV, be placed in Job Group VII. Attached for your review is the signed amendment between the Town and the CSEA. As indicated, the prior amendment agreeing to the payment of the stipend has been rescinded and in its place is the proposed job classification change for the title Maintenance Worker. If the Town Board were to approve the change, Michael Gibson, who holds the title Maintenance Worker, would receive a salary increase. His current salary is $61,108 and it would be increased to$68,798 retroactive to March 1, 2019. ACTION REQUESTED: That the Town Board approve the following job classification change; effective March 1, 2019 the job title Maintenance Worker will be placed in Job Group VII in the CSEA Agreement. 0 , 9 2 .„. i v -4 o Town of Mamaroneck w %,s t 1 m Town Center 1= 7 740 West Boston Post Road, Mamaroneck,NY 10543-3353 OFFICE OF THE TOWN ADMINISTRATOR TEL 914-381-7810 FAX 914-381-7809 saltieri@townofmamaroneckny.org www.townofmamaroneckny.org TO: Christopher Gonch, CSEA Unit President FROM: Stephen V. Altieri, Town Administrator SUBJECT: Civil Service Employees Association Agreement Amendment DATE: May 8, 2019 As agreed, the stipulation stated below has been rescinded. Therefore, it will not be incorporated in the Civil Service Employees Association (CSEA)Agreement, covering the period January 1, 2017 through December 31, 2020. Article 22-Salary and Wage Administration, Section 5: g) Effective January 1, 2019 the Town shall pay a stipend of two thousand eight hundred dollars ($2,800) to the Maintenance Worker in the bargaining unit, as designated by the Town, in consideration of their assuming the duties of Ice Rink Manager when required. The initial stipend will be paid no later than April 30, 2019. In subsequent years the stipend,which is subject to applicable taxes, will be paid in January of each year provided the ice rink managerial duties are assigned to the employee holding the title of Maintenance Worker. As an alternative,we have agreed that the title Maintenance Worker, which is listed in Job Group IV of the CSEA Agreement,will be added to the titles in Job Group VII. The effective date of the job classification change will be March 1, 2019. If you are in agreement with the aforementioned changes to the CSEA Agreement, please sign an ate where indicated below. /1---'L� Step n V. Altieri Date Tow(js ' trator --oi_., e,r',--64, 5 q / . Christopher G nch Dat CSEA Unit President i, Printed on Recycled Paper