posted on December 22, 2010 16:04
The State Comptroller’s Office has audited the LeRoy Central School District, and found over $2-million that they say could be used to lower the tax levy.
Auditors say LeRoy consistently over-estimates expenses and under-estimates aid and revenues. Over the past four years, that has led to an operating surplus of over $4-million. The largest example was the special education program, in which spending was overestimated by $1.5-million over four years.
The Comptroller’s Office recommended that LeRoy Central adopt a better financial management policy, and develop, quote, “revenue and appropriation estimates for the annual budget that are realistic.”
In their response, LeRoy’s board and superintendent acknowledged the findings – but vowed to continue what they call “conservative budgeting.”