Financial and Audit Reports

Financial & Audit Reports

Director of Business Operations

Theresa Isoldi
845-357-7783 ext. 11248
tisoldi@ramapocentral.net



Audits:

External Auditor – On an annual basis audits financial statements to render an opinion on whether they are adhere to Generally Accepted Accounting Principles (GAAP).

Internal Auditor – On an annual basis performs risk assessments and helps the board in developing internal controls to reduce financial risk.

Claims Auditor On a weekly basis ensures that all expenditure vouchers are properly itemized and documented before payments are made by the treasurer.

NYS Comptroller’s Audits The New York State Office of the Comptroller audited the District in 2007/2008 and 2011/2012, an additional audit requirement enacted by the New York State Comptroller’s Five Point Plan. These audits are performed at each NYS school district every five years to ensure that programs achieve their established goals, funds are used efficiently, and assets are adequately protected against fraud, waste and abuse.

New York State Comptroller’s Audit Report
District External Auditor’s Response Letter
District’s Corrective Action Plan

2016-2017 External Audit Report
2015-2016 External Audit Report

2014-2015 External Audit Report
2013-2014 External Audit Report

2016-17 Extraclassroom Report

Click here for the New York State Comptroller’s report on school districts in fiscal distress.
Click here for Suffern Central School District Fiscal Distress Report.



Financial Reports:

Every month the district prepares a Treasurer’s Reportthat provides an update of the expenditures, revenue, and reserve balances.

2016-2017

June 2017 Treasurer’s Report
May 2017 Treasurer’s Report
April 2017 Treasurer’s Report
March 2017 Treasurer’s Report
February 2017 Treasurer’s Report
January 2017 Treasurer’s Report
December 2016 Treasurer’s Report
November 2016 Treasurer’s Report
October 2016 Treasurer’s Report
September 2016 Treasurer’s Report
August 2016 Treasurer’s Report
July 2016 Treasurer’s Report

 2015-2016

June 2016 Treasurer’s Report
May 2016 Treasurer’s Report
April 2016 Treasurer’s Report
March 2016 Treasurer’s Report
February 2016 Treasurer’s Report
January 2016 Treasurer’s Report
December 2015 Treasurer’s Report
November 2015 Treasurer’s Report
October 2015 Treasurer’s Report
September 2015 Treasurer’s Report

August 2015 Treasurer’s Report
July 2015 Treasurer’s Report

2014-2015

June 2015 Treasurer’s Report
May 2015 Treasurer’s Report
April 2015 Treasurer’s Report
March 2015 Treasurer’s Report
February 2015 Treasurer’s Report
January 2015 Treasurer’s Report
December 2014 Treasurer’s Report
November 2014 Treasurer’s Report
October 2014 Treasurer’s Report
September 2014 Treasurer’s Report

August 2014 Treasurer’s Report
July 2014 Treasurer’s Report

 


Every quarter the district prepares a Revenue & Expenditure Report, which provides an update on the expenditures and revenues.

2016-2017

For 4th Q Revenue & Expenditure Report
16-17, please see ST-3 and Audit reports.
3rd Q Revenue & Expenditure Report 16-17
2nd Q Revenue & Expenditure Report 16-17
1st Q Revenue & Expenditure Report 16-17

2015-2016

For 4th Q Revenue & Expenditure Report
15-16, please see ST-3 and Audit reports.
3rd Q Revenue & Expenditure Report 15-16
2nd Q Revenue & Expenditure Report 15-16
1st Q Revenue & Expenditure Report 15-16

2014-2015

For 4th Q Revenue & Expenditure Report
14-15, please see ST-3 and Audit reports.
3rd Q Revenue & Expenditure Report 14-15
2nd Q Revenue & Expenditure Report 14-15
1st Q Revenue & Expenditure Report 14-15

2013-2014

For 4th Q Revenue & Expenditure Report
13-14, please see ST-3 and Audit reports.
3rd Q Revenue & Expenditure Report 13-14
        
2nd Q Revenue & Expenditure Report 13-14
1st Q Revenue & Expenditure Report 13-14

Every district in New York State is required to submit a financial report to the New York State Education Department (NYSED).  The report is submitted online to NYSED through an online portal called the State Aid Management System (SAMS).  SAMS is a secure information system that facilitates the collection and processing of data required by the New York State Education Department (NYSED) to distribute annual state aid to all New York school districts. SAMS is accessible to authorized users from each school district, staff from the State Aid unit of the Education Department, and other authorized users from various state agencies.

2015-2016 Suffern CSD Financial Report (ST-3)
2014-2015 Suffern CSD Financial Report (ST-3)
2013-2014 Suffern CSD Financial Report (ST-3)

Due to the inclement weather which is forecast for this evening, all afterschool activities are cancelled for today, Tuesday, January 16.  The "Y" and "RASP" programs will continue as scheduled.