FISHERS ISLAND FERRY DISTRICT
Fishers Island Ferry District Draft 2018 Operating Budget August 18, 2017 Island Community Center
Ferry District Mission Statement The primary mission of the Fishers Island Ferry District ("Ferry District”) is to provide safe, reliable, courteous, professional, convenient and cost effective public marine transportation services from Fishers Island, New York to the Connecticut mainland year around, consistent with its mandate set forth in the Enabling Act. The secondary mission of the Ferry District is to manage certain real property owned by the Town of Southold and located on Fishers Island (including Elizabeth Field and contiguous lands and improvements), consistent with its mandate as set forth in the Enabling Act. At all times, the Ferry District seeks to balance the need for profitable operations with compelling needs and priorities of the island community; and operate at the highest operational, professional and ethical standards with all constituencies.
Fishers Island Ferry District • Employs 55 full, part-time and seasonal staff • MU – 1978 (40 years) • RP – 1985 (32 years) • Oversees Elizabeth Field airport, the community theater & 200 acres of property (developed and otherwise) for the Town of Southold YTD 2016 - YTD 2017 - YTD Month Pass Auto Comm Pass Auto Comm July 66,766 17,675 3,147 63,895 16,875 3,037 YTD % Change # Change Month Pass Auto Comm Pass Auto Comm July -4% -5% -3% (2,871) (800) (110) The Fishers Island Ferry is the lifeline of the island
Major achievements of the Ferry District over the past year Ferry Operations: 1) Addressing deferred maintenance and regulated changes to ferries and facilities, e.g., dolphin replacement 2) New engines in process for the MU and plans for the RP have started 3) Returning to two-way ticketing Airport: 1) FEMA project for lighting and signage replacement - completed 2) FAA Environmental Analysis with FAA and new pavement study initiated 3) Developing a public/private hanger Property: 1) New office space in the NL terminal 2) Long term lease with The Lighthouse Works 3) Reviewing other building improvement and use options 4) Grant for NL lighting BOC: 1) Working with Town & State to amend the Enabling Act 2) Hired new Manager 3) Issued Corrective Action Plan to NYS and it was accepted
Community Advisory Opportunities We welcome the contribution of community members with experience in the following areas: • Automated ticket systems • Systems integration between • Ticketing • Internet sales • Freight tracking • QuickBooks and Financial Reporting • Operational reporting, per boat, per day, per week • Traffic • Reservations • Staffing • Cost v. revenue • Schedule design and presentation • Maritime law • Federal and State grants
Fishers Island Ferry District Capital Expenditures 2018 Airport 4kw transformer $ 10,000 Power brush or fan for Deere $ 2,000 357 Whistler - exterior paint $ 5,000 Total $ 17,000 Other Capital Projects: MU Repower $ 300,000 RP Repower $ 1,000,000 Dredging – SEC Channel $ 100,000 FI Channel Dolphins $ 115,000 NLT Bulkhead repair $ 15,000 NLT Dolphins $ 115,000 $ 1,645,000
Fishers Island Ferry District Actual Current July August 2016 2017 Budget 2017 YTD 2018 Budget Revenue/Expense Income 796,169 804,137 804,137 812,179 Real Property Taxes 2,732,822 3,069,000 1,308,895 2,900,602 Ferry Operations 704,443 303,004 139,277 566,360 Total Other Revenues 4,233,434 4,176,141 2,252,309 4,279,141 Total Income Expense 159,151 113,300 11,908 108,500 Total Insurance 2,058,678 1,883,542 755,602 1,739,137 Total Other exp 581,832 417,032 98,354 350,000 Total Ferry Repairs 422,521 585,380 234,985 509,000 Total Ferry Operations Expense 4,017,081 3,852,141 1,401,223 3,542,141 Total Expense Other Expense 400,000 RAN Principal 149,000 Ban Principal 194,000 324,000 324,000 320,000 Bond Principal 343,000 324,000 324,000 720,000 Total Other Expense 17,000 Capital Expenses 4,360,081 4,176,141 1,725,223 4,279,141 Total EXP 4,233,434 4,176,141 2,252,309 4,279,141 Total Rev (126,647) - 527,086 0 Net Inc/Loss
All photographs from Jane Ahrens
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