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June 30, 2011

 

Comptroller DiNapoli Releases School Audits

New York State Comptroller Thomas P. DiNapoli today announced his office completed the audit of the Colton-Pierrepont School District and the Parishville-Hopkinton 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.”

Colton-Pierrepont School District and Parishville-Hopkinton School District - Shared Transportation Facility (St. Lawrence County)
Auditors calculated the difference between construction costs of two separate bus garages and of a shared transportation facility. With two bus garages, both districts would be paying for land, site work, and architect and legal services. Using the architect's cost projections, auditors estimate that by building a new shared facility instead of separate facilities could save taxpayers about $1.9 million in construction costs alone. In addition, if the districts could share buses auditors estimate that they could collectively purchase one less bus each year and save about $100,000 annually.

 

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