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March 27, 2012

 

Comptroller DiNapoli Releases School Audit


New York State Comptroller Thomas P. DiNapoli today announced his office completed the audit of the Liberty 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.”

Liberty Central School District – Budget Review (Sullivan County)
Auditors found that the significant revenue and expenditure projections in the proposed budget are reasonable. The district took appropriate action to implement and resolve the recommendation contained in the budget review report issued in April 2011 with regard to excessive fund balance. The district’s proposed budget complies with the 2 percent tax levy limit set by statute.

 

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