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Ogdensburg board accepts 2023–24 audit and Comprehensive Annual Financial Report, approves corrective action plan
Summary
The Ogdensburg Borough Board of Education accepted the district audit and draft Comprehensive Annual Financial Report for the year ending June 30, 2024, approved a Corrective Action Plan to address a financial‑reporting finding, and authorized routine transfers and the November check register totaling $585,333.49.
The Ogdensburg Borough Board of Education on Dec. 3 accepted the district’s audit and draft Comprehensive Annual Financial Report (CAFR) for the fiscal year ending June 30, 2024, as presented by audit partner Heidi Wohlleb of Nisivoccia & Company LLP.
The acceptance of the CAFR (F/F‑06) and the board’s vote to approve the associated Corrective Action Plan (F/F‑07) followed Wohlleb’s presentation. The Corrective Action Plan addresses Finding 2024‑001 on financial planning, accounting and reporting; it requires the district to obtain County Superintendent approval for certain transfers and directs the School Business Administrator to strengthen review of transfers. The board recorded that the CAP file will be uploaded to the ACFR repository within 45 days.
The board also approved routine finance items: the November 2024 check register for checks numbered 018738 through 040209 totaling $585,333.49 (F/F‑01); acceptance that as of Oct. 2024 no line‑item encumbrances exceeded appropriations (F/F‑02); and acceptance of the Board Secretary’s and Treasurer’s monthly financial reports for Oct. 2024 (F/F‑03). The board approved line‑item transfers to prevent over‑expenditures and accepted the Monthly Transfer Report for Oct. 2024 (F/F‑04, F/F‑05).
In addition, the board approved disposal of a nonfunctional Smart Board (Fixed Asset #000288) (F/F‑08) and a joint transportation agreement with the Franklin Board of Education for an amount not to exceed $420 for December 2024 (F/F‑09). F/F motions were presented by Ms. Alyssa Allen and seconded by Ms. Casey Kondik and carried on a voice vote with all members present voting AYE.
The board’s acceptance of the audit and the CAP establishes the district’s next steps for correcting the identified accounting and transfer practices; the minutes record administrative deadlines and the plan to upload documentation to the ACFR repository.
