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February 24, 2012

 

Comptroller DiNapoli Releases School Audits

New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Salamanca City School District, Springville-Griffith Institute Central School District and Syosset Central School District.

“My office’s audits of school districts and BOCES help schools improve their financial management practices,” DiNapoli said. “These audits are tools for schools to make sure proper policies and procedures are in place to protect taxpayer dollars and provide students with the best possible education.”

Salamanca City School District – Energy Reduction (Cattaraugus County)
The audit revealed that district officials planned for and included specific items targeted at reducing energy consumption in the project. This effort resulted in net annual savings of approximately $17,000 per year at the middle school/high school complex. The district was able to further save local taxpayers money with state building aid funding of $5.7 million to offset the energy upgrade cost.

Springville-Griffith Institute Central School District – Financial Management (Erie County)
The district included more realistic estimates of appropriations in the 2010-11 budget than in prior years, and used fund balance and reserves to help fund operations. This resulted in the fund balance being reduced to an amount that was closer to the amount allowed by statute at the end of the 2010-11 fiscal year than in prior years. The 2011-12 budget also included more realistic estimates of appropriations than in prior years, and used fund balance and reserves to help fund operations.

Syosset Central School District – Administrative Costs (Nassau County)
For 2008-09 and 2009-10, the district’s administrative salary costs were higher – by amounts ranging from $1.2 million to $2.7 million more - than the average costs of administrative salaries at comparable districts in four separate comparisons. During the same two-year period, the district paid almost $420,000 more for fringe benefits for its three top administrators than did the three comparison districts with similar needs and resources that we selected. Further, the district paid about $432,000 more for fringe benefits for its three top administrators than did the comparison districts selected by district officials.

 

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