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Audit committee identifies policy-practice mismatches, recommends capital-asset review
Summary
District auditors reported gaps between written policies and current practices in capital asset accounting and preventive maintenance; auditors recommended an in-depth capital-asset cycle review and noted issues tied to a software transition and outstanding single-audit items.
An audit committee presentation at the Connetquot Central School District meeting highlighted discrepancies between written policies and district practices and recommended a focused review of capital assets.
Audit presenter Miss Battaglia told the board the facilities maintenance findings stem in part from the district’s transition from SchoolDude to a new work-order system. She said several issues are likely to be resolved once the new software is fully implemented, but she flagged areas that appear to require alignment between policy language and practice.
Battaglia identified specific discrepancies in the district’s capital asset accounting rules: she said the district policy text references a capitalization threshold of $2,000 while the financial statements use a $5,000 threshold, and she noted differences between required annual physical inspections and language in regulation describing only “periodic inventory.” She recommended updating either policy or procedure so that both reflect current district practice.
The audit presentation also reviewed the district’s 2024 single-audit report from external auditors and noted recurring findings tied to that report; Battaglia said she expects those items to be addressed in the June 30, 2025 financial statements. She referenced form SA-139 (request for approval for financing) as delayed and urged timely filing. The presenter reported no recommendations for transportation operations in this cycle.
Board members were invited to suggest areas for the next in-depth audit cycle; Battaglia recommended the board consider a capital-asset cycle review. A board member voiced concern about documentation and follow-through on prior recommendations and urged that the district implement auditor recommendations fully.
No formal committee action was taken at the public meeting beyond discussion and the committee’s offer to accept direction on future audit focus areas.
