Purpose of Audit

The purpose of our audit was to evaluate the financial operations of the District for the period July 1, 2013 through July 31, 2015.

Background

The Springville-Griffith Institute Central School District is located in the Towns of Aurora, Boston, Colden, Collins and Sardinia in Erie County and the Towns of Ashford, East Otto and Yorkshire in Cattaraugus County. The District, which operates four schools with approximately 1,800 students, is governed by an elected seven-member Board of Education. Budgeted appropriations for the 2014-15 fiscal year totaled approximately $36.1 million.

Key Findings

• The Business Administrator did not ensure that reconciliations of interfund activity were sufficient or proper or that correct entries were made for interfund loans on fund ledgers.
• District officials did not always pay employees at the proper pay rates, and payroll was not always adequately supported or calculated.

Key Recommendations

• Perform an in-depth review of interfund loans to determine the actual amount owed by each fund.
• Ensure that the payroll is based on contractual or Board-approved pay rates and supported by time records that reflect the actual hours worked.