- White Plains Public Schools
- 2020-2021 Audit/Finance Committee
Welcome to the Audit-Finance Committee page.
-
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.
2020-2021 Audit/Finance Committee Meeting Calendar
Date & Time Type of Meeting Topics Monday
Audit* - Review of Audit Committee Charter
- Election of Chair
- Oath of Office
- Review of meeting calendar and topics
- June 30, 2020 Draft Year-End Financial Summary
Monday
Audit* - External Auditors - Draft Year-End Financial Statements, Mgt. Letter, Corrective Action Plan
- Aquarius Capital - Other Post-Employment Benefits (OPED), Reporting in accordance with GASB 75
- Draft Budget Calendar
Monday
Audit* - Cyber audit and corrective action plan with Ron Velez; Director, MIS
Wednesday
Audit* - Response to the Office of the State Comptroller’s Report of Examination 2020M-71
Monday
Audit* - Internal Audit Risk Assessment Report
- Selection for Intensive Area for Review
Monday
December 7th at 6:30 PM
Finance - Draft presentation of the District's Update to its Long-Range Plan
- Budget Parameters Reviewed
Monday January 25th at 6:30 PM
Finance - Claims Auditor
- Review of CSEA Bargaining Unit Contract
Monday
March 1st at 6:30 PM
Finance - Superintendent's Draft Preliminary Budget
Wednesday
April 19th at 6:30 PM
Audit* - External Auditors - Audit Plan
- Claims Auditor
Monday
May 24th at 6:30 PM
Audit* - Internal Audit Intensive Area Report and Corrective Action Plan
Monday
June 7th at 6:30 PM
Audit* - Engagement Letters
- Fund Balance Reserve Plan
- Fund Balance Projections
Members
Board: Mr. James Hricay, Dr. Cayne Letizia, 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
