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October 14, 2008



DiNapoli’s Office Completes School Audits

New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of Oysterponds Union Free School District and Vestal 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.”

Oysterponds Union Free School District – Internal Controls Over Selected Financial Operations (Suffolk County)
Internal controls over the district treasurer’s duties were not appropriately designed and operating effectively. Although Education Law precludes a member of the board from assuming the duties of the treasurer, auditors found that the board inappropriately appointed one of its members to act as assistant treasurer. District officials also failed to segregate the treasurer’s cash receipts and disbursement duties. In addition, internal controls over the information technology system were not appropriately designed to protect electronic hardware and data.

Vestal Central School District – Computer Equipment: Energy Conservation and Cost Savings (Broome County)
Auditors estimate that the district can save approximately $26,000 annually, by requiring users to power down computers during all periods of inactivity and enabling power save settings on all computers. In addition, by implementing the audit’s recommendations, not only will the district save money by consuming less electricity, but it will also reduce greenhouse gas emissions. Specifically, the district could decrease contributions of carbon dioxide, nitrous oxide and sulfur dioxide emissions by 182,772 pounds each school year.

If you have any questions or would like a comment from the Comptroller’s office regarding any of the audits above, please call the Press Office at 518-474-4015.

For a copy of the audit, click on the above links.

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