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The New York State Comptroller's Office conducts periodic audits of school districts throughout New York State. The following are the most recent audits:

Payroll and Claims Processing Audit (July 1, 2011 — June 30, 2012)

 

The Watervliet City School District received a final report from the New York State Comptroller’s Office summarizing the findings of an audit for the district’s fiscal operations from July 1, 2011 through June 3, 2012.

In the report, the Comptroller's office states:

 

The objective of our audit was to examine the District’s payroll and claims processing operations for the period July 1, 2011 to June 30, 2012. We extended our scope for leave accruals to include the ending balances for the 2010-11 fiscal year and the beginning balances for the 2012-13 fiscal year.

The audit addressed the following related questions:

bullet graphicHas the District established internal controls to ensure the accuracy of payroll records for non-instructional employees?

bullet graphicAre claims audited in a timely manner and do they have sufficient supporting documentation?

View the report for Watervliet City Schools, including the district's response.

Please contact School Business Manager Keith Heid at 629-3268 for additional information.

 

image of NYS audit 2014

Fiscal Stress Audit (July 2011 March 2014)

 

The Watervliet City School District received a final report from the New York State Comptroller’s Office summarizing the findings of an audit for the district’s fiscal operations from July 1, 2011 through March 31, 2014.

District officials acknowledge the auditor's findings and a corrective action plan has been developed to address each of the audit's six recommendations, including the implementation of long-range financial planning necessary to maintain the District’s fiscal health beginning with the 2015-16 budget.

In the report, the Comptroller's office states:

 

The objective of our audit was to review the District’s financial condition. Our audit addressed the following related question:

  Does the Board adopt realistic, structurally balanced budgets and adequately monitor the financial activity of capital projects to ensure fiscal stability?

We examined the District’s financial condition for the period July 1, 2011 through March 31, 2014. We extended our scope period back to July 1, 2006 for our review of the District’s capital project activity.

 

View the report for Watervliet City Schools, including the district's response.

Please contact School Business Manager Keith Heid at 629-3268 for additional information.