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Annual Independent Audits

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Audits of the Financial Statements of School Districts Employing Eight or More Teachers


Education Law, Section 2116-a and the Regulations of the Commissioner, Section 170.2(r) require each Board of Education to secure an annual audit by an independent auditor. The Audit Committee shall provide recommendations regarding the appointment of the external auditor, but its recommendations shall not substitute for any required review and acceptance by the Board of Education.

The Single Audit Act of 1984 requires that an annual audit of the district's federal award programs be included with the annual school district audit if $500,000 or more in Federal Aid was expended.

Section 172.3(d) of Commissioner's Regulations requires that the Extraclassroom Activity Fund also be audited.

2020-2021 Financial Statement