Skip to Content

Login   Subscribe   Site Index   Contact Us   Google Translate™

NYS Comptroller

THOMAS P. DiNAPOLI

Audits of Local Governments and School Districts

Caledonia-Mumford Central School District – Online Banking (2016M-227)


Released: October 21, 2016 -- [read complete report - pdf]

Purpose of Audit

The purpose of our audit was to determine whether the District’s online banking transactions were safeguarded for the period July 1, 2014 through June 30, 2016.

Background

The Caledonia-Mumford Central School District is located in the Town of Le Roy in Genesee County, the Town of Caledonia in Livingston County and the Towns of Chili, Riga and Wheatland in Monroe County. The District, which operates three schools with approximately 820 students, is governed by an elected seven-member Board of Education. Budgeted appropriations for the 2016-17 fiscal year total approximately $17.1 million.

Key Findings

  • The District does not have a written online banking agreement with its bank.
  • The District did not dedicate a separate computer for online transactions to limit access to online bank accounts.
  • Both the Treasurer and Business Manager perform online banking transactions, but neither has received Internet security awareness training.

Key Recommendations

  • Ensure that the District has a sufficient written agreement with the bank and that those who perform online banking transactions are familiar with its content.
  • Designate a computer to be used only for online banking transactions.
  • Ensure that employees involved in the online banking process receive adequate Internet security awareness training.

Local Government and School Accountability Contact Information:

Phone: (518) 474-4037; Email: localgov@osc.state.ny.us
Address: Office of the State Comptroller, Division of Local Government and School Accountability
110 State Street, 12th Floor; Albany, NY 12236