FISHERS ISLAND FERRY DISTRICT Fishers Island Ferry District Draft - - PowerPoint PPT Presentation

FISHERS ISLAND FERRY DISTRICT

Fishers Island Ferry District

Draft 2018 Operating Budget August 18, 2017 Island Community Center

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. Ferry District Mission Statement

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 The Fishers Island Ferry is the lifeline of the island

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)

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 Real Property Taxes

796,169 804,137 804,137 812,179

Ferry Operations

2,732,822 3,069,000 1,308,895 2,900,602

Total Other Revenues

704,443 303,004 139,277 566,360

Total Income

4,233,434 4,176,141 2,252,309 4,279,141

Expense Total Insurance

159,151 113,300 11,908 108,500

Total Other exp

2,058,678 1,883,542 755,602 1,739,137

Total Ferry Repairs

581,832 417,032 98,354 350,000

Total Ferry Operations Expense

422,521 585,380 234,985 509,000

Total Expense

4,017,081 3,852,141 1,401,223 3,542,141

Other Expense RAN Principal

400,000

Ban Principal

149,000

Bond Principal

194,000 324,000 324,000 320,000

Total Other Expense

343,000 324,000 324,000 720,000

Capital Expenses

17,000

Total EXP

4,360,081 4,176,141 1,725,223 4,279,141

Total Rev

4,233,434 4,176,141 2,252,309 4,279,141

Net Inc/Loss

(126,647)

• 527,086

All photographs from Jane Ahrens