amccoyadmin, Author at Wainscott School

Report Highlights

Audit Objective

Determine whether the Board and District officials effectively managed general fund balances.

Key Findings

Unrestricted fund balance totaled approximately $2 million on June 30, 2018, or 58.6 percent of the ensuing year’s budgeted appropriations and exceeded the statutory limit by 54.6 to 73.4 percentage points from 2015-16 through 2017-18.
The District’s budgeting practices included appropriating fund balance not needed to fund operations and adopting budgets that overestimated appropriations by a total of more than $911,000 (11 percent) from 2015-16 through 2017-18.
District officials failed to take corrective action to our prior report that pointed out the excess accumulation of fund balance.

Key Recommendations

Develop a plan to reduce the amount of unrestricted fund balance to the legal limit.
Adopt realistic annual budgets based on historical or other known trends.

District officials disagreed with certain aspects of our findings and recommendations. Appendix B includes our comments on issues raised in the District’s response letter.

2019 Board of Trustees Candidate Folder

April 10, 2019March 29, 2019 by amccoyadmin

Dear Board Candidate:

Download the attached PDF files (English/Spanish) for a copy of the Wainscott Common School District’s Board of Trustees Candidate’s Folder. The folder contains the following:

Board Member qualifications
Instructions for filing nominating petitions
Education Laws of the State of New York pertaining to Candidate Expenditure & Contribution Statements
Affidavits for Expenditure & Contribution Statements
Release of your name, address, and telephone numbers.
Publication from New York State School Boards Association:
Have YOU considered running for the school board? see website: www.nyssba.org
Petition

Please note one member of the Board of Trustees will be elected as follows:

One (1) member for the term of three (3) years commencing July 1, 2019 and expiring June 30, 2022.

Completed petitions are to be returned to the District Clerk’s office at 47 Main Street no later than Monday, April 22, 2019, at 5:00 P.M., and are required to contain the signatures of not less than 25 qualified voters of the district.

The enclosures, in connection with filing expenditure and contribution statements by candidates, indicate that the first statements must be filed on or before April 22, 2019, the second statements on or before May 16, 2017, and the third statements within 20 days following the date of election (June 10, 2019). In addition, candidates must report, within twenty-four hours, any contributions or loan in excess of $1,000.00 received after the filing of the second statement, but prior to the election. It is the candidate’s responsibility to submit the statements in a timely fashion.

CLICK HERE FOR ENGLISH

CLICK HERE FOR SPANISH