Welcome to the Audit-Finance Committee page.

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    The Finance Committee reviews and discusses topics related to school finances, and offers multiple perspectives on how the district financially supports its educational program. The council is comprised of Board and community members who possess financial, auditing and accouting experience.

    The Audit Committee oversees and reports to the Board of Education on the annual audit of district records. It is a sub-committee of the Finance Advisory Council. Specifically, the purpose of the Audit Committee is to comply with Chapter 263 of the laws of 2005, "The Five-Point Plan." The committee's role is advisory and any recommendations it provides shall not substitute for any required review and acceptance by the Board of Education.

    Click here for policy and charter.

     

    2019-2020 Audit/Finance Committee Meeting Calendar

     

    Date & Time Type of Meeting Topics

    Monday

    August 19th at 6:30 PM

    Audit* Review of Audit Committee Charter
    Election of Chair
    Oath of Office
    Review of meeting calendar and topics
    June 30, 2019 Draft Year-End Financial Summary
    NYS Transparency Report - Update

    Monday

    September 23rd at 6:30 PM

    Audit* External Auditors - Draft Year-End Financial Statements, Mgt. Letter, Corrective Action Plan
    Draft Budget Calendar

    Monday

    October 28th at 6:30 PM

    Finance Community Budget Book ExamplesMaster Plan/Financing Update

    Monday

    November 18th at 6:30 PM 

    Audit* Internal Audit Risk Assessment ReportSelection for Intensive Area for Review

    Wednesday

    January 8th at 6:30 PM

     Finance  Draft presentation of the District's Update to its Long-Range Plan
    Budget Parameters Reviewed
    Monday

    January 13th at 5:30 PM

    Finance  Bond Counsel RFP Interviews
    Tuesday

    January 14th at 6:00 PM

    Finance Fiscal Advisory RFP Interviews

    Monday

    February 10th at 6:30 PM

     Finance

    Facilities Update

    Claims Auditor Update

    Monday

    March 2nd at 6:30 PM

    Finance Superintendent's Draft Preliminary Budget

    Wednesday

    April 15th at 6:30 PM

    Audit*  Audit Plan - External Auditors
    Monday

    May 4th at 6:30 PM

    Audit*

    Internal Audit Intensive Area Report and Corrective Action Plan

    Monday

    June 18th at 6:00 PM*

    *Postponed Date

    Audit*

    Audit Engagement Letters

    Review of Charter

    Fund Balance Reserve Plan

    Fund Balance Projections

     

    Members

    Board: Dr. Sheryl Brady, Mr. James Hricay, Dr. Randy Stein*

    Community: Mr. Tim Donohoe, Mr. Craig Mondschein

    Administration: Dr. Joseph L. Ricca, Superintendent of Schools; Dr. Ann Vaccaro-Teich, Assistant Superintendent for Business; Ms. Marcy Moscowitz, School Business Official

     *Chair