Thursday, September 02, 2010 - 2:59:45 PM

Local News

Print Friendly | Bookmark and Share

Dinapoli Completes Audit of Binghamton Schools - 11/24/2009

New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of Binghamton City School District and Cattaraugus-Allegany-Erie-Wyoming Board of Cooperative Educational Services.

“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.”

Binghamton City SD – Computer Recycling and Internal Controls Over Selected Financial Activities (Broome County)
The audit found district officials recycled more than six tons of computer and computer-related equipment in the 2007-08 school year, which conserved a significant amount of environmental resources. According to U.S. Environmental Protection Agency estimates, officials reduced air and water emissions by more than 324 tons by recycling its obsolete computers. Auditors also found the board appointed BOCES employee as the district’s claims auditor. This is against State Education Department guidelines. Finally, the director of food services did not monitor the financial activities of cafeteria operations.

Cattaraugus-Allegany-Erie-Wyoming BOCES
Auditors found BOCES did not effectively manage its operating surplus and had no authority to establish a trust account for post-retirement health insurance costs, which totaled $11.3 million in June 2008. The trust account was funded by transferring operating surpluses to the trust and agency fund instead of returning the surpluses to component districts as required. Auditors also found weaknesses in BOCES’ internal controls over its computerized accounting system administration. Finally, BOCES entered into an inter-municipal cooperative service agreement with 18 component school districts to provide for the districts’ internal audit function. A BOCES employee is not independent and therefore should not complete the districts’ internal audits.

To view the audits above, visit: www.osc.state.ny.us/localgov/audits/index.htm. If you have any questions or would like a comment from the Comptroller’s office regarding the audits above, please call Emily DeSantis at 518-474-4015.

School District Accountability
In order to improve accountability of the state’s schools, DiNapoli’s office will audit all of New York’s school districts and Boards of Cooperative Educational Services by 2010.  The State Comptroller’s office has completed 690 school audits and approximately 40 school audits are currently underway.           



View Related Articles: Binghamton or comment on this one below.

blog comments powered by Disqus


Back Back

Binghamton web design and website hosting by EFX internet  EFX internet


Breaking News


Gulf oil platform explodes, burning off La. coast
GRAND ISLE, La. – An offshore petroleum platform exploded and was burning Thursday in the Gulf of Mexico about 80 miles off the Louisiana coast, west of the site where BP's undersea well spilled after a rig explosion. The Coast Guard says no one was killed in the blast, which was reported by a commercial helicopter flying over the area Thursday morning. All 13 people aboard the rig have been accounted for, with one injury. The extent of the injury was not known. Coast Guard Cmdr. Cheri... more

Additional Articles


Study: NY roads and highways rank 46th in nation
New York's roads rank 46th in the nation in performance and cost-effectiveness, according to Reason Foundation's 19th Annual Highway Report released today. The study ranks each state's Interstate... more

Comedian and author to speak at Jewish Federation Annual Meeting
Stand-up comedian and author Joel Chasnoff will be the featured speaker at the Jewish Federation of Broome County's annual meeting on September 14. Chasnoff is known for his offbeat comedy and has... more

New Laws For New Drivers VIEW VIDEO
Since she got her license a year and a half ago, many of Chelsy LaForce's friends have relied on her for rides. "A lot of my friends don't have cars or their license yet so I go pick them up,"... more

Town of Union Sets New Property Owner Regulations VIEW VIDEO
Officials in the Town of Union want to be able to keep track of landlords. So, now they are requiring all rentals to have a local property manager. Town officials discussed the matter at a meeting... more

Men's Warehouse Collecting Used Suits for Charity VIEW VIDEO
Do you have an old suit you don't wear anymore? This month, you might want to think about donating it to the Men's Warehouse in Vestal. That's where they are collecting new or gently used men's... more

71 Year Old Lifts 376 Pounds, Wins National Championship VIEW VIDEO
Meet 71 year old Louis Sposato, who, as of Sunday, added one more world record to the 6 he already holds. Lou competed in the 2010 USA power lifting bench nationals in Virginia for men 70 and older.... more

BU Students Line Up for Drake Tickets VIEW VIDEO
Pre-sale tickets sold out at Binghamton University Wednesday morning as it prepares to welcome one of music's biggest acts to the events center. Students began lining up as early as a quarter to... more

Click here for more local news...icon

ADVERTISEMENT

ADVERTISEMENT

Request A News Story

If you are looking for a copy of a news story that we recently aired, simply click here to find out how.

FOX 40 Poll


Which Social Media Site Do You Use The Most?
 
Twitter
 
Facebook
 
LinkedIn
 
MySpace
 
Other
 
None
   

Breaking News

Do you have a tip or information about a breaking news story? Contact the FOX 40 News Desk at 607.798.0070 or send us an email .