Skip to Content

Login   Subscribe   Site Index   Contact Us   Google Translate™

NYS Comptroller


Audits of Local Governments and School Districts

Lake Placid Central School District – Claims Auditing (2016M-84)

Released: June 10, 2016 -- [read complete report - pdf]

Purpose of Audit

The purpose of our audit was to examine the District’s claims auditing process for the period July 1, 2014 through December 31, 2015.


The Lake Placid Central School District is located in the Towns of North Elba and Wilmington in Essex County. The District, which operates two schools with approximately 700 students, is governed by an elected seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $18.1 million.

Key Findings

  • The Business Manager prints signed checks prior to the claims auditor’s audit and approval of the corresponding claims.
  • Not all claims were audited and approved prior to payment.

Key Recommendations

  • Only print signed checks after the claims have been audited and approved by the claims auditor.
  • Ensure that no claim against the District, other than those allowed under State Education Law, is paid prior to audit and approval by the claims auditor.

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