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NYS Comptroller

THOMAS P. DiNAPOLI

Audits of Local Governments and School Districts

Report Highlights

Harpursville Central School District - Financial Condition (2018M-120)

Released: September 7, 2018 -- [read complete report - pdf]

Audit Objective

Determine whether District officials adequately managed the District’s financial condition.

Key Findings

  • From 2013-14 through 2015-16, the District adopted budgets that planned to use $1.6 million of general fund balance and certain reserve funds to finance operating expenditures. However, the general fund incurred operating deficits totaling $4.8 million during this time. As a result, the District used $3.2 million more fund balance and reserves than planned.
  • In 2016-17, revenues began to outpace expenditures; revenues increased by more than 5 percent, while expenditures increased by less than 1 percent. Expenditures declined due to District cost reduction measures.
  • District officials improved their budgeting practices in 2016-17 by considering historical trends, resulting in expenditure and revenue variances of 3 percent and 1 percent, respectively.

Key Recommendations

  • Continue to reduce reliance on fund balance to finance recurring expenditures.

District officials generally agreed with our recommendation and indicated they planned to continue to work toward meeting our recommendation.

Background

The Harpursville Central School District (District) serves five towns in Broome County and three towns in Chenango County.

The Board of Education (Board), which is composed of seven elected members, is responsible for the general management and control of the District’s financial and educational affairs. The Superintendent of Schools (Superintendent) is the District’s chief executive officer and is responsible, along with other administrative staff, for the District’s day-to-day management under the Board’s direction.

The District is a component unit of the Broome-Tioga Board of Cooperative Educational Services (BOCES) and contracts with BOCES for many services, including special education services and central business office services.

Quick Facts
Employees161
Enrollment787
2018-19 Budget$19.6 million

Audit Period

July 1, 2016 – April 24, 2018

We extended our audit period back to July 1, 2013 to analyze financial trends.


Local Government and School Accountability Contact Information:

Phone: (518) 474-4037; Email: localgov@osc.ny.gov
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236