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March 28, 2013

Comptroller DiNapoli Releases School Audits

New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the East Moriches Union Free School District, Liberty Central School District, Rotterdam-Mohonasen Central School District, and the Wayne Central School District,

“My office’s audits of school districts, charter schools 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.”

East Moriches Union Free School District – Budget Review (Suffolk County)
Based on the results of our review, we found that the significant revenue and expenditure projections in the proposed budget are reasonable. The District’s proposed budget complies with the property tax levy limit.

Liberty Central School District – Budget Review (Sullivan County)
Except for certain issues related to the district’s food service fund, auditors found that the revenue and expenditure projections in the proposed budget are reasonable. The district’s proposed budget complies with the property tax levy limit.

Rotterdam-Mohonasen Central School District – Claims Processing (Schenectady County)
Auditors reviewed 40 claims to ensure they were for a legitimate district purposes and were audited and approved by the claims auditor prior to payment. Auditors found that all claims reviewed were for a legitimate district purpose and were properly audited in a timely manner and in compliance with district policy and state education law.

Wayne Central School District – Financial Management (Monroe County)
Over the last five years, district officials consistently underestimated revenues and overestimated expenditures in the adopted budgets by a total of $20.5 million. As a result, the district had operating surpluses totaling $13.8 million, which caused the accumulated fund balance to exceed the statutory maximum of 4 percent of the ensuing year’s budget. To make it appear that the fund balance was within statutory limits, district officials: appropriated $4.6 million in fund balance that was not needed to fund the budget, created fake encumbrances (by at least $3.1 million for the 2009-10 and 2010-11 years); and transferred approximately $14 million to the district’s reserves with no documented plan or justification for their excessive funding levels.


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