Town Board in ‘good shape’ after 2010 audit

— A report from an independent auditing firm concerning the Town of Skaneateles’ 2010 finances concluded that the town was in “good shape” financially and actually ahead of many other municipalities who have higher budget balances.

Rich Ward from Cuddy & Ward, LLP, of Auburn, told the town board that his firm’s audit of the town’s finances ending Dec. 31, 2010, showed nothing negative about the town’s budgeting practices.

“They said we had a nice clean bill of health,” said Skaneateles Town Supervisor Terri Roney, adding that the board found it a positive experience for its first time working with Cuddy & Ward accounting firm. “We were really happy with results,” Roney said.

The firm found only two department accounts coming in at a financial loss, the water district and the parks department. The reason for the water district deficiency was the outstanding debt from previous infrastructure improvements, but that will diminish over time as the town pays down the bond, Roney said.

The other deficiency was in the parks department, which related back to operations of the community center. But since the town no longer operates the center, “that should only improve over time as well,” Roney said.

Also at the meeting:

—The board recognized with a certificate the upcoming centenary celebration of longtime Skaneateles resident Ruth Patten Vincent, who turns 100 years old on Sept. 15. Vincent, who lived in Skaneateles from the 1940s through the 1990s but now lives in a home in Baldwinsville, was not at the 7 p.m. meeting. Her son and daughter were present to accept the recognition, and said their mother was “not the night-owl that she used to be.” Her family will hold a party in her honor at the Sherwood Inn on Sept. 17.

—The town agreed to join the Owasco Lake Watershed Management Council in an advisory capacity as an ex-officio member. The OLWMC is an umbrella organization dedicated to maintain and improve the quality of Owasco Lake. It is comprised of the Cayuga County legislature, the city of Auburn, and the towns of Owasco, Fleming and Cipio. As a member, the Skaneateles Town Board would be responsible for sending a representative to each meeting to share information with the group and then relay information back to the town board. Councilman Rick Keyes was designated as the Skaneateles liaison.

Vote on this Story by clicking on the Icon


Use the comment form below to begin a discussion about this content.

Sign in to comment