Board meetings, strategic plans, and buyer signals from Thomas Schneider’s organization
Sep 24, 2026·BoardMeeting
Board
Suffolk County Water Authority Regular Board Meeting
The board discussed organizational updates including upcoming service awards, staffing changes, and safety initiatives. A comprehensive Technology Modernization Plan was presented, outlining a four-stage initiative to upgrade core systems like SAP/ERP and customer billing platforms. The board approved several contracts, including extensions for PPE and supply delivery, snow removal services, final restoration work for water main installations, sanitary system maintenance, and the installation of metal buildings. Additionally, the board approved various equipment purchases, including vehicles and laboratory instrumentation, as well as budget amendments and consulting agreements. The meeting also addressed personnel matters in an executive session, including new hires, terminations, and salary adjustments.
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Suffolk County Water Authority Regular Board Meeting
The board discussed operational and financial matters, including updates on the North Fork Water Main Project and a report on customer collections. Key actions included the extension and award of various contracts for services and equipment, the rejection of certain bids for litigation and security infrastructure, and the approval of budget amendments. The board also accepted the fiscal year-end audit, authorized personnel hires, reviewed environmental permit applications for well construction, and approved staff participation in industry conferences and training.
Aug 26, 2026·BoardMeeting
Board
Suffolk County Water Authority Audit Committee Audit Committee Meeting
The committee reviewed the audit plan and strategy for the fiscal year ending May 31, 2026, presented by KPMG. The audit results for the fiscal year were positive, confirming that financial statements accurately reflect the Authority's financial position in compliance with generally accepted accounting principles, with no identified fraud or material weaknesses. The committee also formally accepted the Fiscal Year End 2026 Audit Plan and approved the FYE 2026 Finance summary memo, which highlighted that water service revenues outperformed initial projections by approximately $6.9 million, while noting that operating and maintenance expenses exceeded budgets due to legal settlements and system maintenance costs.
Aug 20, 2026·BoardMeeting
Board
Suffolk County Water Authority Audit Committee Audit Committee Meeting
The meeting featured a presentation by KPMG regarding the audit plan and strategy for the fiscal year ending May 31, 2026, which includes financial statements, internal controls, and federal compliance audits. Key discussion areas included management's assessment of fraud risks, significant audit findings, and a financial summary memo detailing performance against budget projections for the fiscal year. The auditors identified management override of controls as a primary risk area and reviewed significant accounting estimates related to pensions, OPEB liabilities, and investments.
Extracted from official board minutes, strategic plans, and video transcripts.
