1972-12-31
TOWN OF WAPPINGER
AUDIT REPORT
PERIOD ENDING
DECEMBER 31 1972
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.S. LICENSE NO. lB63
MARINE MIDLAND BANK BLDII.
WAPPINIIERS FALLS, N. Y.
(Mrs.) Elaine Snowden, Town vlerk
(Mr. ) Louis D. Diehl, Supervisor
On request of the Town Board, I have examined the books and records of all
offices in the Town of Wappinger for the period ending December 31, 1912.
The report on that audit is enclosed with the following schedules:
EXHIBIT nAn ---------- TOWIl Clerk Fee and Remittal Schedules
EXHIBIT "B" ---------- General Funds - (Town Wide)
EXHIBIT nB-l" ---------- General Funds - (Town outside VUlage)
EXHIBIT "C" -------.. Recapitulation of Receipts and Balances
Special Districts and other Funds.
EXHIBIT "D" ---------- Highway Flmds - Recapitulation
EXHIBIT "E" --.-------.. Tax Accolmting
EXHIBIT IIF " ---------- Justice of Peace - Accountiag
EXHIBIT IIG" ---.....----.. Audit Analysis
EXHIBIT "H" ---------- Assets - Liabilities - Net Worth
Sincerely yours,
~ Q ~ RPA - NYS License #I 1863
1
Licensed in the Education Department - State of
New York under Education Laws.
MEMBER Of" THE NATIONAL SOCIETY Of" PUBLIC ACCOUNTANTS
MEMBER Of" THE EMPIRE STATE ASSOC. PUBLIC ACCOUNTANTS
STA TEMENT OF GROSS FEES RECEIVED AND NET FE&S EARNED:
TOWN CLERK
PAID TO DUTCHESS COUNTY
INCOME ITEM: SUPERVISOR DEPT . HEALTH HAtmWl WILLIAMSON
HUJlting-FishiJlg-All . 58.00 . . 1,740.00 .
HuntiAg- All 60.00 2,798.50
Fishk:1Jlg- All 175.25 2,816.00
Trappiag-Archery,Etc. 129.25 192.50
Dog licenses-Tags 661.00 7.764.70
Marriage Licenses 319.00 61.00
Ambulance 10,425.00
Lottery 3.90
Sub-Division Plans 3,199.00
Salvage 50.00
Bldg.-Road Permits 16,058.00
Fees-Maps-Books 1,095.97
Explosive Licenses 5.00
Other Licenses-Misc. 351.75
. 32,591.12 . 61.00 . 7,547.00 . 7,164.70
TOTAL PAID 1972 $ 28,085.37 $ 55.50 . 7,512.00 $ 6,558.00
DUE and PAID 1973 4,205.25 5.50 35.00 1,206.70
TOTALS . 32,591.12 . 61.00 i 1,547.00 $ 7,764.70
VARIANCES NONE NONE NONE NONE
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.S. LICENSE Ne. 1B63
MARINE MIDLAND BANK BLDIJ.
WAPPINIIERB ,.ALL&, N. Y.
EXHIBIT itA III
TOWN OF WAPPINGER
CALEN~R YEAR 1972
***** x X)( )( 1I1111 )I l( 1(11)( l( l()( If II J()( l( l( X)( )( It Ill! l( 1I llll )()( )( l( J( Xli 11)( Ill( 1I-*l(1l )( It )( lilt Xl( It X )( )( It II )()( It)( X)( l( It)( If->'-)l It Ill( )( It )( lilt X J
CASH ANALYSIS - 12-31-72 BANK STATEMENT
Balance per 12-31-72 Bank Statemeat
December 1972 Fee Deposited 1973
DUE and UNPAID: DUTCHESS COUNTY - WILLIAMSON
DUTCHESS COUNTY - HAU'lMAN
N.Y.S. DEPT. HEALTH
SUPERVISOR
ENDING TOTALS DECEMBER 31, 1972
BA.LANCES: ACCRUALS:
. 4,516.05
876.90
$ 1,206.70
35.00
5.50
4,205.75
$ 5,452.95 $ 5,452.95
~**lH(lf-*l()()( l(ll)()llt )()I)I)(lt)l~ l( )llH(1t It It)( lIX)( Xl(
I NOTATION '
There is a definite improvement in the operation of this office.
MEMBER OF" THE NATIONAL BOCIETY OF" PUBLIC ACCOUNTANTS
MEMBER OF" THE EMPIRE STATE ASSOC. PUBLIC ACCOUNTANTS
STA TE AID INCOME:
Per Capita Taxes
Tax Loss - Railroati
TOTAL STATE AID
TOTAL .A.LL REVENUE SOURCES
NON INCOME ITEMS * Return Petty Cash
ACCOUNTABILITY:
~EPHONE 297-3650
GENERAL TOWN WIDE FUNre:
BALANCE AS OF JANUARY 1, 1972'
RECEIPTS.
Tax Collectors Fees
Property Taxes
Property Tax Penalties
Town Clerks Fees
* Ambulance
I!lterest on Cert. Debts
Dog Licenses - Permits
Other Licenses - Permits
Fines - Forfeitures
Miscellaneous Income
TOTAL LOCAL INCOME
EXPENDITURES.
hsurance & Duel! .
Surety Bonda
** Personal Services
Public Safety
Public Health
Transportation
Economic Deve10pement
Veterans Services
Recreation - Culture
Shared Services - Buildings
Debt Service - Principal
Interest
Employee Benefits
NOB-Budgetar,y - Authorized
Home - Community
TOTAL DISBURSEMENTS
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.S. LICENSE NO. 18153
MARINE MIDLAND SANK 8LDIlI.
WAPPINIlIERS ..ALL&, N. Y.
EXHIBIT
"B"
CALENDAR YEAR 1972
. 154,002.13
.
2.93
156,340.00
5,272.35
2,263.08
10,320.00
3,425.55
3,123.64
110.00
10,628.50
5,490.07
t' 196,976.12
$ 95,009.00
256.17
$ 95,265.17
. 292,241.29
200.00
$ 446,443.42
3,600.04
5,298.00
117,049.27
13,549.22
27,000.00
21,361.63
967.56
350.00
35,461.78
25,888.36
22,460.00
3,396.82
19,955.93
3,131.69
2,178.57
$ 301,648.87
CERTIFIED BALANCE AS OF DECEMBER 31, 1972 $ 144,794.55
There is an excess of $18,150.79 over estimates on thIS account
MEMBER OF' THE NATIONAL SOCIETY OF' PUSLIC ACCOUNTANTS
MEMBER OF' THE EMPIRE STATE ASSOC. PUSLIC ACCOUNTANTS
1.
con't.
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.S. LICENSE NO. 1863
MARINE MIDLAND BANK 8LDII.
WAPPINIIER8 FALL&, N. Y.
EXHIBIT " B It (1)
TOWN (F WAPPINGER
CON'T.
GENERAL FUNDS - TOWN - OUTSIDE VILLAGES:
BEGINNING BALANCE AS OF 1-1-72
RECEIPTS:
Real Property Taxes
DEPARTMENT INCOME:
Zonhg
Planning Board
Building Insp8ctia.a
INTEREST INCOME:
OTHER INCOME:
Cab1evisioa
Re-imbursements
STATE AID:
Per Capita
Youth Progra.nus
Mortgage Taxes
NON REVENUE:
5 Year Serial Bond
SUB-TOTAL:
ACCOUNTABILITY:
EXPENDITURES :
Un-.11ocated Insurance
Attorney
Engilleer
PUBLIC SAFETY:
Advertise & PrintiBg
Playgrounds & Recreation
Library
Celebrations
Zon11lg & PlanniJag
TOTAL DISTRIBUTED EXPENSE
. 450 So
2,274.00
, 1,,328.50
$ 500.00
4,135.00
$ 77,82h.00
3,812.40
91,065.31
$ 101,995.00
$ 18,053.00
$ 30,690.07
$ 4,635.00
$ 172,701.71
$ 15,000.00
**ll II l( II ~l X)I)( II If If
$ 5,689.00
4,000.00
6,000.00
$ 816.23
13,600.77
12,500.ott
300.00
16,541.78
$ 15,689.00
12,287.51
$ 71,735.79
PAGE ONE
CALENDAR YEAR 1972
t '65,687.09
$ 343,074.78
$' 408,161.87
MEMBER OF THE NATIONAL SOCIETY OF PUBLIC ACCOUNTANTS
MEMBER OF THE EMPIRE STATE ASSOC. PUBLIC ACCOUNTANTS
..
TELI!:PHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y." LICENSE NO. '863
MARINE MIDLAND SANK 8LDQ.
WAPPINIJERB "ALL" N. Y.
IIHIBIT "B"
TCWN OF WAPPINGER
GENERAL FUNDS - TOWN - OUTSIDE VILLAGES:
CON'T.
UNDISTRIBUTED EXPENSE:
Emp1a,yee Benefits
Principal Reduction Note
Interest Expense
TOTAL UNDISTRIBUTED EXPENSE
NON-BUDGETED EXPENSE:
Trust & Surety
TOrrAL ALL EXPENDITURES
BALANCE - DECEMBER 31, 1912
$ 35,037.28
50,450.00
11.332.89
$ 162,820.17
PAGE THREE
$ 15,042.88
$ 249,598.84
159,163.03
There is an anexpended balance of $108,779.78 over estimates on this account
MEMBER OF" THE NATIONAL BOCIETY OF" PUBLIC ACCOUNTANTS
MEMBER OF" THE EMPIRE STATE ASSOC. PUBLIC ACCOUNTANTS
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y." LICENSE NO. ,S1I3
MARINE MIDLAND BANK BLDG.
WAPPINGERS F'ALL&, N. Y.
EXHIBIT "C n
T<MN OF WAPPINGER
SPOOIAL DISTRICTS AND OTHER FUNDS
CALENDAR YEAR 1972
BALANCE ,INCOME EXPENDED BlLANCE
NAME OF DISTRICT 1-1-72 DURING 72. DURING 72' RBHADDG 12/31/72
.~ . . .
Hughsonv111e Lighting 10,288.24 2,713.63 8,369.10 4,632.77
Chelsea Lighting 1,895.84 1,374.18 3,027.40 232.62
Cameli Lighting 187.25 177,75 274.22 90.78
Roekingham Sewer ll,972.65 39,475.06 30,881.29 20,566.42'
Oakwood Knolls Wtr./Ser. 239.28 14,819.70 13,001.22 2,057.76
Fleetwood Water ~ond 222.83 74,763.12 73,369.07 1,616.88
Fleetwood Wate~sewer 5,018.61 14,086.53 1,,778.43 3,326.71
Fleetwood Wtr. er. Bond 2,571.26 118,017.38 115,572.54 ,,016.10
Oakwood Sewer SOM 2.85 1,778.70 1,778.70 2.85
Oakwoocl Water .1:ioJld 47.98 1,1,2.00 1,152.00 47.98
Roekingham Capital 66,103.67 23,000.46 16,451.00 72,653.13
Rock:lngham Expansion 75,472.9, 89,301.68 43,415.36 121,359.27
Storm Sewer Account 1,101.61 1,127,204.28 1,079,978.08 48,327.81
Sewer Improvement II 1 000 50,000.00 38,804.28 11,195.72
Highway Machine Bond 124.00 2.64 000 126.64
Highway Equiptment ~ond 524.40 11.14 000 535.54
Land Acq. Bond Account 822.02 000 000 822.02
Highway Garage Account 9,048.00 89.43 000 9,137.43
D. Brouthers Park 1,181.20 24.40 000 1,205.60
.Martz Memorial Park 2,01,.30 41.77 000 2,057.07
1971 Bond Series 000 1,325,040.06 1,305,826.33 19,213.73
OTHER FUNDS:
Trust and Agencies 4,677.64 519,413.35 515,273.27 8,817.72
TOTAL . 193,517.65 . 3,402,487.66 .' 3,262,962.29 . 333,042.55
XX There is a balance over to 1973 of ~46,965.00 in Revenue 0haring
care must be taken on expenditures of these funds for purposes
allocated ONLY
MEMBER OF' THE NATIONAL SOCIETY OF' PUBLIC ACCOUNTANTS
MEMBER OF' THE EMPIRE STATE ASSOC. PUBLIC ACCOUNTANTS
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y." LICENSE ND. 1863
MARINE MIDLAND BANK BLOB.
WAPPINI3ERB ,.ALL&, N. Y.
EXHIBIT "D "
TOWN OF WAPPINGER
HIGHWAY FtJNIS
CALENDAR YEAR 1972
CALENDA.R YEAR 1972
)( )( Xl( )()( )( )( )()( )( )( )( JOt X)( )()( lflllOlIOlllllll *,ll )( It IOHllOOOOllOOOf )()( If)( Ie Ie I( )( If)( )( Ie lO( l()( )( 101 )( )( JI X lO( )( x )( )( XlI X X )(It Ie )( )(lOOt
ACCOUNT IJJMBER DR DB III DS DE
-
Repairs, Etc. Bridges Machinery Snow, Etc. Improvements
BALANCES 1-1-72 . 46,879.43 . 124.09 $ 11,620.96 $ 12,893.76 $ 4,212.19
RECEIPTS 1972 199,.58.5.84 4,000.00 .5.5,787.32 31,901.1.5 3.5,000.00
SUB-TOTAL 1972 $ 246,46.5.27 $ 4,124.09 $ 67,408.28 . 44,794.91 $ 39,212.19
EXPENDED 1972 236,649.17 3,994.71 .53,7.34.17 41,103.81 34,324.35
BALANCE 12/31/72 $' 9,816.10 . 129.38 $ 13,674.11 $ 3,691.10 $ 4,887.8b.
TOTAL ALL BANIANCES
$ 32,198..53
$ 7.5,130.43
$ 98 ,680.69
December 31, 1972
December 31, 1971
December 31, 1910
TOTAL UNEXPENDED APPROPRIATION OVER/UNIER APPROPRIATIOlttS WASl . .51,803.90
)(X)( l(1I11l( XlIlf.X)( XII KIIIIX XI( II H*~ IIXXXX XXXXH'
MEMBER OF" THE NATIONAL BOCIETY OF" PUBLIC ACCOUNTANTS
MEMBER OF" THE EMPIRE STATE ASSOC. PUBLIC ACCOUNTANTS
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.S. LICENSE NO. 1863
MARINE MIDLAND SANK 8LDllI.
WAPPINllIERB FALLS, N. Y.
EXHIBIT "EIt
TOWN OF WAPPINGER
TAX ACCOUNT
CALENDAR YEAR 1972
ITEM I: Tax Warrants
Lees: Collected by'
Comm. of Finance
Collectable Warrants
Acid: Petty Cash on Bani
TOTAL
$ 2,3S1,286.80
94,423.29
. 2,256,863.51
200.00
$
ITEM II: Less: Uapaid Taxes
. 2,257,063.51
447,624.40
I'rD( III : Actual Cash on Hand - Collections
$ 1,809,439.11
ITEM IV: EXPENDITURES:
A.. CODll1issioner of F:iJumce
B. Supervisor L. Diehl - (Direct)
C. L. Diehl - Petty Cash
TOTAL
$ 1,105,086.12
693,354.41
200.00
. 1, 798,6b.O.53
ITEM V: ACCRUALSt
* Due and U'llpaici to COJIIII.. of Fin.a.l'lce
'!'Of A L
32,101.40
$ 1,830,741.93
ITEM VI: ADJUSTl-fENTS:
Less 5% deductions - add to Item II
IT1!J1 VII: TOTAL EXPENDITURES
$
21,302.82
$ 1,809,439.11
1.
VARIANCE
*** Paid 6-5-72 Dutchess l.iovnty COIII1. of Finance Check II 427 - 832,101.40
VARIANCES
Check 11480 marked on Daily Book as payee Louis Diehl, but actually made out to
WappiAgers Central School for $ 1,353.29. Check ir1 fact belonged to Wappillgen
Central School.
2.
Cheek II 466 on Da~ Book for $1,000,000.00 marked vom - was in fact ruB through
Bank Records, but marked as a re-cieposit to accolmt coverea by Bank Memo. ibis
check was to Wappagers Central School District and. with Bank MEmlo coverillg deposit
of said' check back to Town of Wapp1:llger Accouat, Ihis ill fact cancels out a:rq
debits or credits but becomes an exchange item, but ciid leave account overdrawn
at this point.
MEMBER OF' THE NATIONAL SOCIETY OF' PUBLIC ACCOUNTANTS
MEMBER OF' THE EMPIRE STATE ASSOC. PUBLIC ACCOUNTANTS
TELE. 'HONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.S. LICENSE NO. lB63
MARINE MIDLAND BANIC BLDG.
WAPPINGERS ,.ALL" N. Y.
EXHIBIT n F It
TOWN OF WAPPINGER
dDIT REPORT
JUSTICE OF PEACE
PRESIDING JUSTICE. VINCENT FRANCESE
BALANCE. Per Statement of 1/1/72
DEPOSITS: FiJles - Forfeitures
Civil Actioms
Criminal Acti.ns
CALENDAR YEAR 1972
. 7,025.01
586.80
460.0$
. 920."
TOTAL RECEIPTS
Bail - Due others
TOTAL ACCOUNTABILITY
EXPENDED. State Dept. Audit and Contre1
Bail Returns - Due others
Bail Forfeit - Murphy
TOTAL EXPENDITURES
ADJUSTED BALANCE PER AUDIT
BALANCES ALL SOURCES 12/31/72
$ 8,071.8'
1.395.00
$
9,466.80
10,386.8'
8,115.80
1,215.60
30.M
$
9,36e.8e
1,026.00
1,026.00
VARIANCESt
DUE AND UNPAID - A CCRUALSt
Due Audit and Control
Bail Monies outstanding
TOTAL MONIES ACCRUED AND UNPAID
BANK RECONCILATTON.
Balance 12/31/72 Per statement
(No float - deposits or checks)
VARIANCE
$
726.0C)
300.eo
$ 1,026.01
1,026."
000
~H,,*
April report to Town .!joard - Item II 2, Should read $29.00 - ..t $24 . as shown on report.
Also annual report should read $586.80 on Total Monies taken in on aivU Cases.
Also total from all sources should be $8,071.80 - Net $8,067.80 as shown on report.
MEMBER OF" THE NATIONAL SOCIETY OF" PUBLIC ACCOUNTANTS
MEMBER OF" THE EMPIRE BTATE ASSOC. PUBLIC ACCOUNTANTS
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.&. LICEN8E NO. 1853
MARINE MIDLAND BANK BLDII.
WAPPINIIER8 ,.ALL&. N. Y.
TOWN OF WAPPINGER
EXHIBIT .. F ..
AUDIT REPOR'l
JUS'lICE OF PEACE
PRESIDING JUSTICE: WILLIAM BULGER
BALANCE. Per Statememt of 1/1/72
DEPOSITSt Fines - Forfietures
Civil Actions
Bail - due others
TOTAL RECEIPTS
TOTAl, ACCOUNTABILITY
EXPENDED: State Dept. Audit Control
Bail Returns - due others
AillUSTED BALANCE PBR AUDIT:
BALANCES ALL SOURCES 12/31/72
VARIANCES
$ 23,095.00
287.7.
b., 795.00
22,006.7.
4,810.eO
DUE AND UNPAID - ACCRUALSI
Due Audit ad Control $
Outstanding Bail Monies
TOTAL MONIES ACCRUED AND UNPAID
BANK RECONCILATIONI
Balance 12/31/72 Per Statement $
Add - OutstandiRg Deposit
BANK BALANCE AS AillUSTED
VARIANCE
2,094.10
33S.'8
2,G99."
331.81
MEMBER OF THE NATIONAL BOCIETY OF PUBLIC ACCOUNTANTS
MEMBER OF THE EMPIRE STATE ASBOC. PUBLIC ACCOUNTANTS
CALENDAR YEAR 1972
$ 1,068.10
28,111.1'
29,245.1'
26,816.78
2,429.00
2,429.88
$ 2,429."
2,429._
001
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y." LICENSE NO. lS63
MARINE MIDLAND BANK BLDII.
WAPPINIIERB F"ALL&, N. Y.
EXHIBIT "G n
TOWN OF WAPPINGER
A UDIT ANALYSIS
CALENDAR YEAR 1912
1. We have examined all records, with accepted methods, and have made such tests
deemed necessary. The records are kept on a cash basis, with no accrual balances
shown or kept. However, the enclosed report has intended to show such assets _
liabilities and net worth.
2. Payment on BAN did not meet Section 21.00 Local Finance Law on following Notes
or Bonds:
Oakwood Knolls Water - Balance 12-31-11 - $ 38,400.00 - No reduction
Oakwood Knolls Sewer - Balance 12-31-71 - $ 53,900.00 - No reduction
Rockingham Farms Sewer - Balance 12-31-11 - $lBl,()(X).oo - No reduction
These should be reduced under 50% requirement.
3. In numerous cases, it was found, that many items as shown to the Town Board for
unexpended balances were not up to date as shown on Recapitulation of Accounts
Books - 18: Account DS-51h2.4 - (Account Book shows $3,331.30 - when actual
balance was $2,588.04).
4.
Billing has improved in district billing over prior years.
are now being tendered in manner prescribed in 1971 report.
and sewer are now being submitted as requested also.
lemittance advices
Late bills for water
5. Better itemization of bills submitted for payment should be made. Purpose of
bills are too general.
6. There is a definite improvement over prior years audits in all offices of the
Town, with less corrective work having to be done. Therefore,:many less hours
spent on correcting these errors as in previous years.
7. There were no errors as noted in any published reports.
MEMBER OF' THE NATIONAL BOCIETY OF' PUBLIC ACCOUNTANTEI
MEMBER OF' THE EMPIRE E1TATE ASElOC. PUBLIC ACCOUNTANTS
TELEPHONE 297-3650
FRANK C. MANNING
PUBLIC ACCOUNTANT
N.Y.S. LICENSE Ne. 1863
MARINE MIDLAND BANK BLDQ.
WAPPIN13ERS ,.ALL", N. Y.
SCHEDULE It H ..
TOWN OF WAPPINGER
ASSETS
CERTIFICA TE DEPOSIT BALANCES
General Fund t 100,000.00
General Fund. 80,000.00
Rockhgham Sewer Acct. 10,000.00
Rockingham Sewer Dist. Acct. 8,000.00
Rocldngham Expansion 88,350.00
Rockingham rams Expansion 33,000.00
.tl.ocldnghaJl1 Farms Capital Acct. 72,653.00
Fleetwood Manor Water Bond 1,600.00
Fleetwood Manor Sewer Dist. & Water 1,500.00
Fleetwood Manor Sewer ~ond 5,000.00
General Fund 100;000.00
Stonn Sewer Account 48,300.00
Highway FUDd 40,000.00
General Fund 47,000.00
TOTAL CERTIFICATE DEPOSITS ACCOUNTS
ADD C 2::RTIFIED BANK BALANCES
ADD TOWN CLERKS PETTY CASH BALANCE
TOTAL ALL ASSETS DECEMBER 31, 1972
**'l~'HHHH~
LIABILITIES
EXEMPT FROM DEBT LIMIT:
Notes Anticipated
Bonds
$ 273,300.00
165,400.00
NOT EXEMPT FROM DEBT LIMIT:
Bond Anticipated Notes
Exempt and Non-exempt others
$ 116,OOO.OO
1,139,200.00
TOTAL ALL NOTES AND BONDS
TOTAL ALL CASH ASSETS
TOTIL ALL LIABILITIES
.
ANALYSIS
716,203.71
1,693,900.00
EXCESS OF LIABILITIES OVER ASSETS
CALENDAR YEAR 1972
$ 635,403.00
80,750.71
50.00
$ 716,203.71
$ 438,700.00
$
1,255,200.00
$ 1,693,900.00
$ 977,696.29
MEMBER OF" THE NATIONAL SOCIETY OF" PUBLIC ACCOUNTANTS
MEMBER OF" THE EMPIRE BTATE ASBOC. PUBLIC ACCOUNTANTS