In a recently issued audit report, the New York State Comptroller criticized a school district for failing to properly comply with General Municipal Law Section 39’s requirement that districts annually review and re-adopt an investment policy.
Under New York Education Law §3202 (1), students who reside in a school district are entitled to attend that school district. Non-resident students may attend a school district if authorized by Board of Education policy, upon such terms and conditions set by the Board of Education, typically including payment of tuition. The individual school districts are solely responsible for enforcing the residency requirement of their students, mostly because the school districts have a financial incentive to ensure compliance.
From the New York State Constitution to the guidelines of the State Comptroller, school officials are responsible for the oversight and accountability of the school district’s capital assets. School districts purchase a wide variety of IT equipment, such as interactive displays, desktop computers, monitors, laptops, tablets, etc. These assets can make up a significant portion of a district’s IT asset inventory. This means that school officials are responsible for protecting these assets from loss, for keeping inventory records current, and ensuring that these assets can be easily located.
As we enter a new school year, Ferrara Fiorenza is offering the Virtual Principal Academy: a nuts and bolts “how to” primer for new administrators, and a refresher/update for veteran administrators. These sessions will focus on practical skills to assist principals and assistant principals to handle day to day issues in compliance with law.
The deadline for the use of round 3 funds from the Elementary and Secondary School Emergency Relief (ESSER III) program under the American Rescue Plan (ARP) Act has changed. The change impacts all ESSER III funds allocated to NYS School Districts.
The State Comptroller, as the fiscal watchdog for New York State, has broad audit powers.
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