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Locust Valley board approves audit, indemnification policy and NISBA slate; motion to hire outside counsel fails
Summary
At the board meeting the Locust Valley school board accepted an external audit with a qualified opinion on the general fund timing issue, adopted supplemental indemnification provisions, approved a slate of NISBA bylaw/resolution positions and approved the consent agenda; a motion to retain additional counsel to expand an investigation failed in a
The Locust Valley Central School District Board of Education took several administrative and governance votes Tuesday, approving the external audit recommendation, adopting supplemental defense and indemnification provisions under New York Public Officers Law §18, and approving the district’s slate of opinions on New York State School Boards Association (NISBA) bylaw amendments and resolutions. Separately, the board rejected a motion from one member to retain additional outside counsel to expand an ongoing investigation.
Audit: The audit committee told the board the external audit for the fiscal year ending June 30, 2025, presented clean financial statements overall but included a qualified opinion on the general fund related to a delayed Nassau County tax payment that arrived 65 days after fiscal year end…
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