State audit recognizes district’s appropriate fiscal oversight of 2016 capital project

No findings in Comptroller’s financial review

From late 2018 through early 2019, auditors from the Office of the New York State Comptroller examined practices related to the establishment and fiscal oversight of a district capital project for the period from July 1, 2016, through February 28, 2019. As a result, auditors determined that district officials properly established, monitored and accounted for the capital project. The audit resulted in no recommendations.

The financial review was one of the periodic audits that the Office of the State Comptroller conducts of all school districts and localities across the state.

“A school district’s greatest responsibilities include educating children and being a responsible steward of taxpayer money and capital assets,” district officials wrote in their response to the audit. “The Niskayuna governance team, made up of our Board of Education and central administration, take financial planning and oversight very seriously. This audit recognizes that with regard to this capital improvement project, we put all of the necessary, responsible and appropriate systems in place. As we look to a second phase of facilities improvements, these practices will continue.”

The district thanks the Office of the New York State Comptroller for its work and this affirmation of the district’s approach to capital project authorization and fiscal oversight.

The full audit report can be accessed on the website of the Office of the New York State Comptroller.