Southern Ulster Times Aug. 28 2019 | Page 3

3 Southern Ulster Times, Wednesday, August 28, 2019 Hansut responds to Lloyd’s state audit By MARK REYNOLDS [email protected] At last week’s Lloyd Town Board meeting, Supervisor Paul Hansut commented on a story reported in the Southern Ulster Times concerning an audit that was recently completed by the NYS Office of the Comptroller on the town’s financial condition. Hansut said the Town Board was criticized by the state in a published story, entitled, “State Audit Rips Lloyd’s Fund Balance.” “A great headline of how the state is ripping the Town Board for their fund balance [but] when you read the story, I didn’t find much to it, that’s my opinion,” he said. Hansut said starting in 2012 the board began compiling their budgets in a very conservative manner. “A budget, in my opinion, is an estimation of what things are going to cost you in the following year and the revenues you’re going to be getting in, in the following year,” he said. “We overestimated some expenses and we underestimated some revenues. It’s awfully hard as a Town Board to sit and look into a crystal ball to figure out what the sales tax is going to be. Since 2014 we’ve done very good with the sales tax; we’ve been over, which brought the fund balance up. The mortgage tax is another one; you can never figure out what the mortgage tax is going to be.” Hansut said the Audit covered from 2014 to the present. “They went through our payroll, they went through our retirement and they went through every aspect of the finances Marlborough granted rail crossing Continued from page 1 crossing must be submitted to the DOT’s Highway-Rail Grade Crossing Safety section for review and that warning devices installed at the new crossing must meet all applicable Federal, State and railroad safety standards. When constructing the crossing, all permits must be obtained and the work must be done by August 30, 2022 or the DOT will rescind their approval and no further action by the department will be taken. It was noted that improvements should be made to the original entrance, with the addition of lights, gates, “ I ’m ecstatic after all these years, pushing, pushing and pushing. We’ve been tying to do this since we purchased the property in 2009.” AL LANZETTA TOWN SUPERVISOR warning devices beyond the existing single bell and pavement markings. Supervisor Al Lanzetta said he was guided through the process by Greg Hart, Regional Rail Coordinator for the Department of Transportation, that brought the matter for making modifications to the existing crossing to a hearing. “I had to justify to the Department of Transportation and I had letters suggesting where the crossing should be,” Lanzetta said. Lanzetta said the recent favorable letter points out that the town, “is in pretty good shape. I think there are a few things that we have to iron out but I think we’ll get a crossing. I’m ecstatic after all these years, pushing, pushing and pushing. We’ve been tying to do this since we purchased the [park] property in 2009.” Lanzetta has said many times that the town has an easement to cross the railroad tracks. “That’s our right, it’s deeded. We looked into that before we bought the property,” he said. “They can’t close that off and not allow us to walk across those railroad tracks, but now we’re going to move [it] a little south.” of the Town of Lloyd and they came up with that we don’t have an un-expended fund balance policy, and we don’t. We’re going to do it now,” he said. The board will be reviewing a state publication called “Developing An Effective Fund Balance Policy,” to ensure they are adhering to the state’s guidelines. Hansut took issue with the audit’s finding that Lloyd, “is hording $4 million and doing all these things with all this money and we’ve overtaxed; We’ve never gone over the property tax cap, ever in seven and a half years. One year we raised taxes 0.56 and in that year we had some surplus. I think that’s pretty good guys and ladies.” Hansut said the $4 million has been whittled down since 2014 and used for various purposes and is not being horded as the audit claims. He also noted that each councilperson is given a Supervisor’s report on finances at the first meeting of the month for their review. Hansut pointed out that the town does not have to borrow $305,650 for the upcoming infrastructure project around Town Hall or bond it that would cost an additional $80,000. “I think that’s pretty good and I think we’ve done a great job as a board with the budget. We’ve not always agreed and we argue, but when it comes down to a point of surpluses over deficits, get me the surplus any day of the week.” Hansut said Phase III of the Rail Trail West project required a 20% local share, estimated between $500,000 to $600,000. The town did not have to borrow this amount, “because we ran a fiscally responsible budget and we had un-expended fund balance; I am not apologizing to anyone for that. We did not raise taxes 15% when our expenses were at 2% to horde 13%. That didn’t happen. It was 2% and we had money left over every single year and I think we did a very, very good job with that.” Hansut said New York State likes to borrow money, saying this provides transparency for taxpayers. “It may be transparent but it’s not fiscally prudent,” he said. Hansut said the state had to find something wrong in the town but in light of the state’s current financial picture, he said Lloyd is in pretty good shape. Introducing Raymond Melendez Sawyer Savings is thrilled to announce Raymond Melendez as the new Assistant Branch Manager at the Marlboro Branch. As a longtime resident, Raymond is very engaged in the Marlboro scene—from coaching youth baseball and basketball to helping plan the next Meet Me in Marlboro event. Raymond will carry this same passion and commitment for the community into his new position at Sawyer Savings. Drop by the Marlboro branch. Say hello. Experience for yourself “the neighborly way to bank.” Raymond Melendez brings an impressive banking resumé and an infectious spirit of positivity. We are proud to welcome him! — Douglas P. Sturges , PRESIDENT The neighborly way to bank. sawyersavings.bank