District News

Fonda-Fultonville rates excellent in state audit

Fonda-Fultonville Central School District was named as one of just 39 school districts that received an excellent ranking by State Comptroller Thomas DiNapoli after his office's audit of New York's 733 school districts.

The audits looked at:

• School finances—Did the district spend money in accordance with the law? Did it maintain accurate records in accordance with accepted accounting principles? Did it maintain an appropriate and not excessive fund balance?

• Financial procedures—Were sufficient controls in place such as inventory monitoring,  recordkeeping, reimbursement policies, separation of financial duties, bidding policies, etc. to ensure integrity?

DiNapoli admitted that the number of serious violations were minimal.

"We found the overwhelming majority of school districts are honest, ethical and care only about providing the best education possible," he said at Feb. 9 news conference.

The media, however, focused more on the violations against those districts who were found with problems ranging from poor accounting of equipment to excessive fund balances.

"This is great news for Fonda-Fultonville and our taxpayers," said Superintendent Dr. James Hoffman. "I hope this helps everyone in the community know that the district is working hard to be careful and use the tax dollars entrusted to us properly."

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