Did the Levittown Union Free School District (District) Board of Education (Board) and District officials effectively manage fund balance?

The purpose of our budget review was to identify issues which impact the City of Yonkers’ (City) financial condition in the current and future years.

The purpose of our review was to assess the Theresa Fire District’s (District) progress, as of November 2025, in implementing our recommendations in the audit report Theresa Fire District – Board Oversight and Financial Management (2021M-60), released in August 2021.

Did the Board of Trustees (Board) of the Village of Fredonia (Village) routinely monitor financial operations and take appropriate actions to maintain the Village’s fiscal stability?

Our Office completed a limited-scope review of the City’s budget. The purpose of our review was to determine the City’s structural budget deficit (budget deficit) – the gap between recurring revenues and recurring expenditures. To accomplish this objective, we reviewed the proposed 2026-27 budget, audited financial statements and other financial data.

The purpose of our review was to assess the South Butler Fire District’s (District) progress, as of November 2025, in implementing our recommendations in the audit report South Butler Fire District – Board Oversight of Financial Operations (2020M-155), released in April 2021.

The objective of the review was to provide an independent evaluation of the adopted budgets for the 2024-25 and 2025-26 fiscal years and the proposed budget for the 2026-27 fiscal year.

The purpose of our budget review was to provide an independent evaluation of the tentative 2026-27 budget.

The purpose of our budget review was to provide an independent evaluation of the proposed 2026-27 budget.

Did the Village of Sherburne (Village) Board of Trustees (Board) develop realistic budgets?

Did the Western Regional Off-Track Betting Corporation (Corporation) Board of Directors (Board) and Corporation management adequately plan and monitor financial operations?

Did the Lawrence Union Free School District (District) Board of Education (Board) and officials properly manage fund balance?

Did the Village of Churchville (Village) Board of Trustees (Board) effectively manage fund balance?

Did the Newburgh Enlarged City School District (District) Board of Education (Board) and officials effectively manage fund balance and reserve funds?

Did Steuben County (County) officials effectively manage the County’s fund balance?

Did the Village of Weedsport (Village) Board of Trustees (Board) effectively manage fund balance?

Did the Haverstraw-Stony Point Central School District (District) Board of Education (Board) and officials effectively manage the District’s financial condition?

Did the Town of Hornellsville (Town) Town Board (Board) effectively manage fund balance?

Determine whether the Port Ewen Fire District’s (District) Board of Fire Commissioners (Board) properly managed the District’s financial operations.

The Board did not adequately oversee or manage the Town’s ambulance service. The Board’s general lack of oversight of and policy development for the District resulted in excessive fund balance and unnecessary tax increases. Additionally, a loss of revenue or fraudulent activity could occur.

The Board did not adopt budgets with reasonable estimates or properly establish and manage capital reserve funds. As a result, from 2019 through 2023, the Board transferred an additional $1 million into reserve funds. This was 45 percent more than the $2.2 million in transfers planned, with no indication of the Board’s plan to use the funds. The District’s tax levy increased by $771,762 from 2019 to 2024, meaning that real property taxes may have been higher than necessary.

The Board did not effectively manage the general and highway fund balances, allowing excessive unrestricted fund balances to accumulate in both funds. In addition, the Board did not develop or adopt written fund balance or reserve policies, as well as written multiyear financial and capital plans. By developing these policies and plans, the Board would provide more transparency regarding the Town’s long-term financial needs and goals and help guide the Board and officials as they develop the Town’s annual budgets.

The Board did not receive complete and accurate financial records and reports or request additional financial information, which hindered its ability to monitor the Town’s financial condition.

The Board and District officials did not properly manage the District’s fund balance. The Board appropriated surplus fund balance, in part, because it adopted budgets that annually overestimated appropriations by an average of $1.3 million (9 percent) per year, or a cumulative total of approximately $6.4 million. The majority of the overestimated appropriations ($5.6 million) were for special education instruction.

Determine whether the Town of Leicester (Town) Board (Board) effectively managed fund balance.