Committee Report | June 2012

Report of

REGENTS COMMITTEE ON AUDITS/BUDGET AND FINANCE

to

The Board of Regents

June 19, 2012

The Regents Committee on Audits/Budget and Finance met as scheduled yesterday afternoon June 18, 2012.  Vice Chair Bendit, Chancellor Tisch, Regents Brown, Cottrell, Phillips, Tallon, Tilles, and Young were in attendance.

Chair’s Remarks:  Regent Chapey welcomed everyone and stressed the important role financial issues play in the implementation of the Reform Agenda.

Items for Discussion

Presentation by the New York State Council of School Superintendents (NYSCOSS) and New York State Association of School Board Officials (NYSASBO)

The Committee was briefed by representatives from NYSCOSS and NYSASBO on how school districts are addressing and responding to the various school districts audits.  The presentation discussed the history of the accountability legislation as it relates to school districts and described the efforts of both organizations in assisting school districts in awareness of audit findings and in providing training and other information.

Completed Audits

The Committee was presented with 19 audits this month.  One audit was issued by the Office of Audit Services (OAS), 17 by the Office of the State Comptroller (OSC), and 1 by the Office of the New York City Comptroller.  Fifteen of the audits were of school districts, one examined the cost effectiveness of non-instructional services at four BOCES, one was of a Charter school, one examined a degree granting college’s Tuition Assistance Program (TAP) payments and one examined a provider of supplemental education services to the NYCDOE.

The members received a more detailed briefing on an audit of the Williamsburg Charter High School and the Comptroller’s audit of Cost Effectiveness of Non-Instructional Services at four BOCES.

June 19, 2012