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NYS Comptroller


Audits of Local Governments and School Districts

Campbell-Savona Central School District – Budget Review (B2-13-12)

Released: April 24, 2013 -- [read complete report - pdf]

Purpose of Audit

The purpose of our budget review was to determine whether the significant revenue and expenditure projections in the District’s tentative budget for the 2013-14 fiscal year are reasonable.


The Campbell-Savona Central School District, located in Steuben County, issued debt totaling $3,250,000 to liquidate the accumulated deficit in the District’s general fund as of June 30, 2006. Local Finance Law requires all local governments that have been authorized to issue obligations to fund operating deficits to submit their tentative budgets for the next fiscal year to the State Comptroller for review while the deficit obligations are outstanding.

Key Findings

  • Based on our review, individual significant revenue and expenditure projections in the tentative budget appear reasonable.
  • This tentative budget, as well as those from the last five years, is likely to produce an operating surplus. As a result, fund balance appropriated as a financing source is unlikely to be used and the District’s fund balance will continue to increase.
  • The District’s tentative budget complies with the property tax levy limit.

Key Recommendation

  • Review the tentative budget and use unexpended surplus funds in excess of the 4 percent limit to benefit taxpayers.

Local Government and School Accountability Contact Information:

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