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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.

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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