District officials did not ensure that information technology (IT) systems were adequately secured and protected against unauthorized use, access and loss.

The Board and Village officials did not adequately manage the Village's financial condition.

District officials need to improve budgeting practices to more effectively manage fund balance.

District officials could improve their management of the District' fund balance and reserves.

The Board did not provide proper oversight of the Village's financial operations.

City officials could improve information technology (IT) security controls to safeguard water system operations against unauthorized access or disruption.

District officials did not provide effective oversight to ensure compliance with required building safety at the junior-senior high school (JSHS).

The Board and District officials did not properly manage fund balance.

The Office of the State Comptroller, as Fiscal Agent for the City of Yonkers (City), determined that the City's adopted budget for fiscal year 2020-21 and the related justification documents are in compliance with the requirements of the Fiscal Agent Act. However, we wish to comment on the following issues which impact the City's financial condition in the current and future years.

The Board did not perform an adequate annual audit of, or retain an independent public accountant to audit, the records of the Clerk, golf course and toboggan chute.

The District's procurement policy could be improved and the Board of Fire Commissioners should ensure compliance with the policy.

District officials could improve procedures related to purchasing, fixed assets and the annual update document (AUD) filing.

The Board could improve its oversight of the Company's financial activities and safeguarding of Company resources.

Village officials did not establish adequate time and attendance (T&A) controls.

School officials could improve controls over information technology (IT).

The Board and Town officials could improve the Town's procurement policy and purchasing procedures.

We commend the Superintendent and Board for the actions they have taken to improve the accuracy of budget projections in the 2020-21 budget and restore the District's overall financial condition, especially in light of the challenges caused by unexpected revenue reductions due to the economic fallout resulting from the COVID-19 pandemic. We found revenue projections to be substantially accurate. However, appropriations for charter school tuition are underbudgeted by approximately $1.5 million and salary and substitute costs will have to be closely monitored. Additionally, the budget remains structurally imbalanced because District officials are relying on City Council to approve a waiver to the City charter for the use of $10 million for operation expenditures rather than capital purposes. Therefore, absent recurring additional revenue, appropriation reductions will be necessary for future budgets to be structurally balanced.

The Board and Town officials did not ensure that the Town's information technology (IT) systems were adequately secured and protected against unauthorized use, access and loss.

The Board did not develop and manage a comprehensive investment program to ensure interest earnings were maximized within acceptable risk levels.

Town officials did not adequately safeguard information technology (IT) resources.