UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 5, 2004
Commission file number 0-11716
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COMMUNITY BANK SYSTEM, INC.
(Exact name of registrant as specified in its charter)
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New York Stock Exchange
(Name of Each Exchange on Which Registered)
Delaware 16-1213679
(State or other jurisdiction of incorporation) (IRS Employer Identification No.)
5790 Widewaters Parkway, DeWitt, New York 13214-1883
(Address of principal executive offices) (Zip Code)
(315) 445-2282
(Registrant's telephone number, including area code)
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events
Institutional Shareholder Services ("ISS") requested that Community Bank System,
Inc. provide ISS with additional information about tax fees that Community Bank
System, Inc. reported in its proxy statement for its 2004 Annual Meeting of
Shareholders. ISS further requested that Community Bank System, Inc. publish
this information either in an 8-K filing or in a press release. The following is
the information we provided to ISS:
FEES PAID TO INDEPENDENT AUDITORS
The following table sets forth fees billed by PricewaterhouseCoopers LLP for
services rendered for the fiscal year ended December 31, 2003:
Audit fees $200,000
Audit-related fees 103,645
Tax fees-preparation and compliance 53,500
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Total audit, audit related and tax preparation
and compliance fees 357,145
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Other non-audit fees:
Tax fees-other 283,401
All other fees 5,000
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Total-other fees 288,401
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Total-fees $645,546
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SIGNATURES
Pursuant to the requirements of The Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Community Bank System, Inc.
Date: May 5, 2004 /s/ Mark E. Tryniski
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Mark E. Tryniski, Treasurer, Chief
Operating Officer and Chief Financial
Officer