NYS COMPTROLLER PRESS RELEASE: Yonkers Public School District Can't Explaihn Why Items Valued Over $225,000 Cannot be Located

PHOTO: NYS Comptroller Thomas DiNapoli

YONKERS PUBLIC SCHOOLS: New York State Comptroller Thomas DiNapol’s report questions the integrity of the oversight and protection of taxpayer paid for assets. 

YONKERS, NY — December 19, 2015 — New York State Comptroller Thomas DiNapol’s findings regarding the location of and substantiation of assets valued at over $225,000 cannot be found by the Yonkers Board of Education Department.

“The Office of the NYS Comptroller’s audit asserts and substantiates their inability to find those assets by writing: “We selected 30 assets totaling $377,252.2 We found that 10 assets valued at $225,307 could not be located and 10 assets valued at $91,704 were either not tagged or the asset tag information on the tag did not agree with the accounting records.

Furthermore, nine assets valued at $15,3543 could not be located on either asset list and 20 assets valued at $21,135 recorded as disposed of did not have disposal request forms from the departments responsible for those assets.

As a result, District officials and taxpayers have no assurance that all District property can be accounted for.

Read the entire report and weep: http://www.osc.state.ny.us/localgov/audits/schools/2015/yonkers.pdf