Audit/Finance Committee
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 accounting 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.
Members
Board: Dr. Cayne Letizia*, Ms. Rosemarie Eller, Mr. Craig Mondschein
Community: Mr. Oltion Vela, Dr. Randy Stein
Administration: Dr. Joseph L. Ricca, Superintendent of Schools; Dr. Ann Vaccaro-Teich, Assistant Superintendent for Business; Ms. Marcy Moskowitz, School Business Administrator
*Chair
Audit/Finance Committee Meeting Calendars & Minutes
2025-2026
Wednesday, September 3, 2025 - 6:30 p.m. (Audit*/Finance)
- Review of Audit Committee Charter
- Election of Chair
- Oath of Office
- Review of meeting calendar and topics
- June 30, 2025, Draft Year-End Financial Summary
- Audit Vacancy
- Click to view meeting minutes
Tuesday, September 30, 2025 - 6:30 p.m. (Audit*/Finance)
- External Auditors - Draft Year-End Financial Statements, Management Letter, Corrective Action Plan
- Draft Budget Calendar
- Click to view meeting minutes.
Monday, November 3, 2025 - 6:30 p.m. (Finance)
- Operations Update - Facilities, Food Service, Technology, etc.
- Investment Advisor Update
Monday, December 15, 2025 - 6:30 p.m. (Audit*)
- Internal Audit Risk Assessment Report & Corrective Action Plan and Selection for 2025-26 Intensive Area for Review
- 2024-25 Internal Audit Intensive Area & Corrective Action Plan
- Claims Auditor
Wednesday, January 7, 2026 - 6:30 p.m. (Finance)
- Draft presentation of the District's Long-Range Plan Update
- Budget Parameters Reviewed
- Click to view meeting minutes.
Monday, February 2, 2026 - 6:30 p.m. (Finance)
- Collective Bargaining Agreements
Tuesday, March 3, 2026 - 6:30 p.m. (Finance)
- Superintendent's Draft Preliminary Budget
Tuesday, April 7, 2026 - 6:30 p.m. (Audit*)
- Audit Plan - External Auditors
Monday, May 4, 2026 - 6:30 p.m. (Audit*/Finance)
- Internal Audit Intensive Area Report and Corrective Action Plan
- Claims Auditor
- Investment Advisor Update
Monday, June 1, 2026 - 6:30 p.m. (Audit*/Finance)
- Audit Engagement Letters
- 2025-26 Fund Balance Reserve Plan
- 2025-26 Fund Balance Projections - G/F & SLF
- SLF Budget 2026-27* Audit Committee meetings are required to be advertised, requires a quorum to conduct the meeting and minutes maintained.
2024-2025
| Date & Time | Type of Meeting | Topics |
|---|---|---|
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Wednesday September 4, 2024 6:30 PM |
Finance |
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Monday October 7, 2024 6:30 PM |
Finance |
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Monday November 4, 2024 6:30 PM |
Finance |
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Monday December 3, 2024 6:30 PM |
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Monday January 6, 2025 6:30 PM |
Finance |
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Monday February 3, 2025 6:30 PM |
Finance |
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Monday March 3, 2025 6:30 PM |
Finance |
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Monday April 21, 2025 6:30 PM |
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Monday May 5, 2025 6:30 PM |
Finance |
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Monday May 19, 2025 6:30 PM |
Audit* |
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Monday June 2, 2025 6:30 PM |
Finance
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*Audit Committee meetings are required to be advertised, requires a quorum to conduct the meeting and minutes maintained.
2023-2024
| Date & Time | Type of Meeting | Topics |
|---|---|---|
|
Tuesday September 5, 2023 6:30 PM |
Audit*/Finance |
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Monday October 2, 2023 6:30 PM |
Audit* |
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Monday November 6, 2023 6:30 PM |
Audit*
Finance |
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Wednesday November 8, 2023 6:30 PM |
Audit* |
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Monday December 4, 2023 5:30 PM |
Audit* |
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Monday December 18, 2023 , 6:30 PM |
Audit* |
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Monday January 3, 2024 6:30 PM |
Audit/Finance |
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Monday February 5, 2024 6:30 PM |
Finance |
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Monday March 4, 2024 6:30 PM |
Finance |
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Monday April 1, 2024 5:30 PM |
Audit* |
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Monday May 6, 2024 5:30 PM |
Audit* Finance |
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Monday June 3, 2024 6:30 PM |
Audit* Finance |
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*Audit Committee meetings are required to be advertised, requires a quorum to conduct the meeting and minutes maintained.
2022-2023
| Date & Time | Type of Meeting |
Topics
|
|---|---|---|
|
Monday August 29, 2022 at 5:30 PM |
Finance
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Tuesday September 6, 2022 at 6:30 PM |
Audit*/Finance |
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Monday October 3, 2022 at 6:30 PM |
Audit*/Finance
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Monday November 7, 2022 at 6:30 PM |
Finance |
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Monday November 21, 2022 at 6:30 PM |
Finance |
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Monday December 5, 2022 at 6:30 PM |
Audit* |
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| Tuesday
January 3, 2023 at 6:30 PM |
Finance |
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Monday February 6, 2023 at 6:30 PM |
Audit* |
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Monday March 6, 2023 at 6:30 PM |
Finance |
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Monday April 17, 2023 at 6:30 PM |
Audit* |
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Monday May 15, 2023 at 6:30 PM |
Finance
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Monday June 5, 2023 at 6:30 PM |
Audit*
Finance |
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2021-2022
| Date & Time | Type of Meeting | Topics |
|---|---|---|
|
Monday |
Audit*/Finance |
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Monday |
Audit* |
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Monday |
Finance |
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Monday |
Audit* |
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Monday |
Finance |
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| Monday | Audit*/Finance |
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Monday |
Audit* |
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Monday |
Audit* |
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Monday |
Audit/Finance |
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Monday April 18, 2022 at 6:30 PM |
Audit |
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Monday May 23, 2022 at 6:30 PM |
Audit* |
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Monday June 6, 2022 at 6:30 PM |
Audit* |
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