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NYS Comptroller


Audits of Local Governments and School Districts

Fort Plain Central School District – Financial Operations (2012M-135)

Released: October 12, 2012 -- [read complete report - pdf]

Purpose of Audit

The purpose of our audit was to evaluate the District’s financial operations for the period July 1, 2007, to January 31, 2012.


The Fort Plain Central School District serves parts of the Towns of Minden, Palatine, and Canajoharie in Montgomery County, parts of the Town of Danube in Herkimer County, and parts of the Town of Ephratah in Fulton County. The District is governed by the Board of Education which comprises seven elected members. The District’s budgeted expenditures for the 2012-13 fiscal year were $18.6 million.

Key Findings

  • The Board did not adequately use excess surplus fund balance or reserves as funding sources. As a result the Board levied more real property taxes than necessary, and retained unexpended surplus funds in excess of the amount allowed by law.
  • To reduce the unassigned fund balance as of June 30, 2009, District officials transferred surplus moneys into the retirement contribution reserve and a newly created unemployment insurance reserve. District officials have neither used the money in the reserves, nor do they have a formal plan for its use.

Key Recommendations

  • Develop realistic expenditure and fund balance estimates for the annual budget.
  • Develop a plan for the use of surplus fund balance identified in this report in a manner that benefits District taxpayers. Develop a plan for the future funding and use of reserve funds

Local Government and School Accountability Contact Information:

Phone: (518) 474-4037; Email:
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236