Purpose

To determine the extent of implementation of the eight recommendations included in our initial audit report, Management of General School Funds (2009-N-2).

Background

Our initial report, issued June 24, 2010, found that the New York City Department of Education’s (DoE) John F. Kennedy High School (Kennedy) had poor controls over its General School Fund (GSF) bank account.  In addition, we concluded that the school principal had not established basic accountability for student funds and that DOE’s guidelines had been ignored. The GSF account is used to deposit monies collected for extracurricular and co-curricular activities, such as the senior trip, senior prom, and athletic events.  Our initial audit contained eight recommendations for improving for improving accountability over fund managed by Kennedy. 

Key Finding

Kennedy officials have made limited progress in correcting the problems we identified in the initial report. Of the eight prior audit recommendations, two have been implemented, two have been partially implemented, and four have not been implemented.

Key Recommendation

Officials are given 30 days after the issuance of the follow-up review to provide information on any actions that are planned to address the unresolved issues discussed in this report.

Other Related Audits/Reports of Interest

New York City Department of Education: John F. Kennedy Education Campus – Management of General School Funds (2009-N-11)
New York City Department of Education: Michelangelo Middle School – Management of General School Funds (2010-N-8)