Board approves internal audit report and corrective action plan; first reading raises budget transfer threshold to $25,000

The Cornwall Central School District Board of Education approved the 2024–25 internal auditors report and a recommended corrective action plan and advanced a first reading of a change to board policy 61.50 that raises the threshold for transfers requiring explicit board approval.

The audit and policy changes

The board voted to approve the internal auditors report for 2024–25 and the audit committee's corrective action plan. The internal audit had focused on purchasing and related procedures because purchasing is a high‑volume area where process issues are likeliest to surface. The audit noted repeated instances of budget code overspending and recorded accounts payable only at year end; auditors characterized that as a finding by the letter of the law, while district staff and the auditors acknowledged that many New York school districts follow a similar timetable for year‑end recording.

To reduce procedural friction and speed the year‑end close, the board…