Tuesday, February 09, 2010 - 8:18:21 AM

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


Additional Articles


Mayor Delivers State of City Address VIEW VIDEO
After making some tough decisions in 2009, Mayor Matt Ryan was looking ahead to 2010 and beyond during his State of the City address Monday.  He admits it's a tough road ahead, but thinks... more

Ryan Uses Impromtu Prop to Inspire Optimism VIEW VIDEO
The mayor also made a point of the power of positive thinking during his speech, even to the point of using an impromptu state prop. While taking a sip of water during a pause in his speech, Mayor... more

Young Professionals Honored For Achievements in Community VIEW VIDEO
Many economists agree that one key component of an area's economic and social growth is keeping young professionals in the area. The Southern Tier Opportunity Coalition honored its third annual... more

Binghamton's State of the City Address VIEW VIDEO
Binghamton's Mayor Matt Ryan will give his State of the City address on Monday. The Mayor's spokesman, Andrew Block, says the mayor will  speak about the city's financial challenges, like rising... more

Binghamton Simulator Company Wins Army Contract VIEW VIDEO
Flight simulation technology's come a long way since Edwin Link designed the Blue Box in the 1940's. Binghamton Simulator Company says more advances are on the way with the $4.5 million its... more

Child Caused Fire on Murray Street VIEW VIDEO
Fire investigators say a child playing with a lighter caused a Binghamton fire that happened Sunday night. The blaze at 55 Murray Street, that started at 8:15, left nine people, including seven... more

Congressman Murtha Dies at Age 77 VIEW VIDEO
Representative John Murtha of Pennsylvania is dead at age 77. Murtha's office says the Democrat died at Virginia Hospital Center in Arlington Monday afternoon. Murtha was admitted to the... more

Click here for more local news...icon

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.

ADVERTISEMENT

ADVERTISEMENT

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 .