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June 21, 2012

 

Comptroller DiNapoli Releases School Audit

New York State Comptroller Thomas P. DiNapoli today announced his office completed an audit of the COMMUNITY Charter School.

“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.”

COMMUNITY Charter School – Conflict of Interest Policy (Erie County)
The former board president engaged in business transactions with the owner of a construction company to which the school has paid $2.4 million since 2007. The board, however, did not follow the school’s conflict of interest policy because it did not determine whether this relationship resulted in a conflict of interest as the policy requires. As a result, there is a risk that the former board president could have improperly benefited from his position as a trustee and that the school paid more than necessary for construction services.



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