What Do You Think of the Audit Committee?

Tell us if you think the audit committee members needs more thought.

The East Hampton Town Board has to establish an audit committee, on recommendation from the New York State Comptroller and the Government Finance Officers Association.

However, the resolution to establish the committee and appoint members failed, 2-2, as Councilman Dominick Stanzione was not there to break the tie during Thursday night's meeting.

It wasn't the idea of having an audit committee that Councilwoman Sylvia Overby and Councilman Peter Van Socyoc voted against it, but rather that they requested more time to discuss the committee members.

"An audit committee helps to preserve and enhance the objectivity and independence of the financial statement audit by furnishing a forum in which the independent auditors can candidly discuss audit-related matters with members of the governing board," the resolution read.

The committee would have been comprised of Supervisor Bill Wilkinson, as chair, Councilwoman Theresa Quigley, and town residents Stanley Arkin, of Amagansett, add Carole Campolo, of Springs. Ex-officio members would be town budget officer Len Bernard, chief auditor Charlene Kagel, and assistant town attorney Patrick Gunn.

During Thursday night's meeting, Rona Klopman questioned why two members of the Republican party were being appointed to the committee. Wilkinson and Quigley are also Republicans.

Campolo is also an officer in the East Hampton Republican Party, as she is currently the secretary. Wilkinson said Campolo has agreed to resign that post if she is appointed to the committee.

The town supervisor would recommend the re-appointment of the committee members during the town's organizational meeting each year.

So we were wondering, what do you think? Would you like to see more people on the committee? From different parties? Or do you think it is just fine the way the resolution was presented? Tell us in the comments section below.

Kevin Gray June 11, 2012 at 08:06 PM
Sounds like more of the same, "Overby, Van Scoyoc obstructionism." Who would they prefer on this committee, Zach "ATTACK" Cohen? Let's really slow down the pace at Town Hall with false accusations, innuendo and a conspiracy in every republicans heart. I believe Mrs. Overby and Mr. Van Scoyoc want the Town Board to run as inefficiently as the planning department (that operated at a snails pace.) PLEASE stop listening to these liberal hacks at the democratic party who only appear to want to discredit true progress under Mr. Wilkinson's leadership.. Jeesh! This voter is sick of it. By the way, Mr. Stanzione seems to be the one holding the keys...please be there for these votes or else it's gridlock...the only power the obstructionist have.
joe June 12, 2012 at 01:29 AM
What ever happened to having pride. People used to get things done just so they could stand proud at the end of the day. http://goo.gl/7MKfr
Factual June 12, 2012 at 01:52 AM
Stanley Arkin is no politico and Carol Campolo is a lifelong PROFESSIONAL. They are great picks. The audit committee according to Ms. Kagel is recommended by the State Comptroller and the Town's independent auditors. Why not put people on it that know something and have lifelong professional experience to offer? The Dems are just worried about power not competency. If they cared about competence they would be applauding Arkin and Campolo and would have been screaming during the McGintee years. They have everything backwards because it is always about politics not competencies and professionalism. Kevin Gray nails it in his comment above - do we want "Zach attack" on the committee - I seriously doubt the Suffolk County District Attorney's Office would recommend him
P. Loke June 12, 2012 at 11:18 AM
Successful and brilliant securities trader , major contributor to Wilkinson's campaign....public fund accounting knowledge or experience ? NO. Campolo, secretary to the republican party, wife of Don Cirillo- transition manager for Wilkinson-now board appointee, former director of NYC Campaign Finance Committee - politician- yes, accountant, NO. Wasn't the intent of this committee to further independent fiscal audit? And what does the Attorney/Public Safety Officer/self professed expert of management expertise have to do with budget audit? Just someone Wilkinson wants around to say yes to everything? This is not an oversight committee it is a stacked house.
Marlyn Abel June 12, 2012 at 11:48 AM
The committee sounds completely one-sided. In addition I really get upset when responders (see above) find it necessary to call people names.
Robert E Davis June 12, 2012 at 11:51 AM
Audit Committee is a good idea. I think there ought to be a budget committee, also. I would like to see a few appointments from the general public who are not afraid of stepping up and asking questions. I would think a committee of 7-10 people would be doable.
Walter Kaprielian June 12, 2012 at 01:18 PM
Does anyone here know what an Auditing committee is supposed to do? Go over the books as presented and verify that what was presented is correct both technically and mathematically. No input, no politics, no additions, no comments. Corrections if needed, yes. Suggestions AFTER verifications, yes but not binding. The books are perfectly presented by accounting standards or not. If this was in place when we had Mr.McGintee as Supervisor, we wouldn't have gotten into the mess we got into. Not a matter of politics or opinions but correctness by NY State standards.
P. Loke June 12, 2012 at 01:38 PM
This is exactly why the committee needs to be comprised of objective, independent members and the board needs to be willing to discuss issues candidly.
Carol O'Rourke June 12, 2012 at 02:12 PM
Is it possible to have a truly independent audit committee, a group of objective accounting professionals with no vested interests?
Jimmy June 12, 2012 at 09:22 PM
The appointments to the Audit Committee should not political cronies of the Supervisor, or political hacks. The Supervisor should ask the EAST HAMPTON GROUP FOR GOOD GOVERNMENT to nominate a panel of qualified EH citizens from which the the Town Board can select the committee members. Jimmy
LocalBub June 13, 2012 at 12:01 AM
The democrats are never happy unless they have "The Power!" Other than that they will lie, cajole, throw mud, obstruct, delay and throw their bodies on the podium to keep the Republicans from accomplishing anything. When they were in power and the town was going to hell in a handbasket, they never said a word. Everything was hunky dorry. They and the East Hampton Rag Star were basically complicit in letting the town and the taxpayers go into hell in that handbasket. They covered up and said nothing to protect or 'save what was left,' one of their favorite slogans, of the town's finances. The democrtas on the board did their bobblehead approval to everything. Because they were afraid of The Big Bad Wolf, McGintee. Boohoo. The democrat committee is a group of power-hungry out-of-town retired malcontenst who think they know better than any of the local people how we should live and protect what we have. They don't have a clue but they have big mouths. Just a reminder: Pete Hammerle, Pat Mansir, Deb Foster and Brad Loewen - all democrats all part of the fiasco. We will live with that legacy for a long time. That recent era is the democrats legacy to East Hampton. They are disgraceful!
Springs Advocate June 13, 2012 at 01:57 AM
Maybe we should have people on the commitee that actually know the value of a dollar, and realize how hard the local townspeople work to earn a living . Members should be long time residents who have some grasp of the heritage of East Hampton beyond the glitz and glamour put out by the phoney wannna be elite. Better yet a heritage commitee to educate those who want to sacrifice all that is unique and wonderful about our town. That's right I said Our Town!
truth 2011 June 13, 2012 at 02:56 AM
Audit committee made up of competent and experienced individuals like Wilkinson has nominated is a another positive step forward.
truth 2011 June 13, 2012 at 03:03 AM
I'm sure the GGG would have no problem with Campolo or Arkin. Arkin in particular is well known to the GGG leadership who are individuals with corporate, legal and finance experience at high levels like Mr. Arkin. In fact I'm sure Mr. Arkin is well acquainted with many of the GGG leaders based on his financial career. Ms. Campolo worked for many public financial organizations in NYC, so the GGG people are certainly familiar with the organizations she has worked for. But ultimately we elect people to make decisions, not for them to be led around by ad hoc outside groups. So far Wilkinson has dug the town out of the Democrat financial hole - he knows what he is doing and the results are there.
P. Loke July 17, 2012 at 02:02 PM
The committee that Wilkinson nominated is a fellowship committee- let's stop the smoke screen and start telling the truth- for real! It is time to see this administration for what it is - power mongers- paranoid- vindictive- they only want to deal with those that they can control or who have donated to their cause. The truth is we are all in this together and need to not be afraid to invite everyone to the table. Wilkinson has done a great job with the finances of our town, however, the cost of his mean spirited, paranoid, sarcastic and controlling "executive" attitude is dear.
Kevin Gray July 17, 2012 at 05:34 PM
Not clear to me P. Loke. Best man for the job is, was and will be, Mr. Wilkinson. How about a little gratitude? You'd prefer political hacks and their attorneys running us into the ground again? Sick of these liberal elitist and their agendas. Dark skies, No airport noise, save the spotted...whatever. Foolish ungrateful snobs. Keep up the good work Bill and continue helping these ingrates despite their, "agendas."


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