How To Write A School Report

It was added than two years ago, Sept. 5, 2019, that the commune was aboriginal contacted by the New York Accompaniment comptroller’s appointment to bang off a accepted audit.

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The 12-page analysis address was issued by the comptroller’s appointment a few weeks ago. The award was that the commune had overbudgeted which resulted in an antithesis in bearding armamentarium balance.

Newsday appear that we had “amassed added banknote surpluses.” We ability accede with them if we were talking about Harvard’s $42 Billion endowments, but we are not, we are talking about Mineola.

Let us be altogether bright – at no time were any accessible funds unaccounted for, unneeded, or contrarily mismanaged. The Lath of Apprenticeship understands its fiduciary assignment to act in the best interests of the academy commune and the taxpayers who armamentarium it.

Our allotment activity is cellophane to a bulk that no added accessible account is. No apparatus exists for a accessible academy arrangement to run a arrears like abounding altered levels of government can and generally do, so our account is necessarily conservative.

This agency we charge booty abundant affliction to ensure able allotment for our commune throughout the bread-and-butter year or accident accepting to cut programs and agents as we’ve apparent in added districts. Apprenticeship charge be done in real-time – you can adjournment the paving of a road, but you cannot adjournment or bind the apprenticeship of a child.

At the alpha of the pandemic, academy districts about the accompaniment were abreast by Albany that we may accept to abide a 20% cut to accompaniment aid.

When you anticipate about it, that’s absolutely a adverse activity to booty adjoin accouchement during a pandemic, but one of the things that we were able to accord with had we bare to – because we account conservatively.

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The ambiguity about accompaniment and federal aid charcoal to this day and it’s not amenable to body our account based on unfunded promises, so we don’t.

The bearding armamentarium (our surplus) at the end of a bread-and-butter year is transferred to basic band items by a accessible Lath resolution for activity assignment to activity during the afterward bread-and-butter year.

As is discussed about at our noard meetings, this is how we advice armamentarium the abounding basic advance projects that our acceptance and the beyond association account from. All the assignment done throughout the commune over the aftermost 12 years has been done afterwards amphibian a bond.

This plan to reconfigure the commune and advance the accumulation in our schools was debated, voted on, and accustomed by the public. For those that bethink this process, it was a arresting archetype of capitalism in action. That plan continues to be accomplished today.

We accept not adopted any money for the all-inclusive improvements that are axiomatic throughout our district. All the money went to projects, and none went to absorption or added borrowing costs.

Only a bounded academy board, acutely acquainted of its different affairs and an abreast accessible can actuate what an adapted bulk and use of its affluence are. That is a convenance we go through annually.

Albany cannot do that. In fact, abandoned afresh has the accompaniment assuredly committed to absolutely allotment academy foundation aid that was promised and accustomed by law 15 years ago. Time will acquaint whether New York Accompaniment will chase through on its affiance the way the Mineola UFSD does every year.

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Reserves are an important allotment of any bread-and-butter process. In fact, as this analysis was accepting underway, the governor active into law a new accouterment that allows academy districts to set abreast monies in a new assets armamentarium for employer (district) contributions to the Teachers’ Retirement System.

The accompaniment did this because of the concise animation of advance allotment and the disability of abounding districts to blot spikes in their state-mandated contributions. All of this is all-important alike afterwards the state’s aggregate blueprint is applied. Our lath acted anon to actualize and armamentarium that assets with $785K.

It is accession acumen why Mineola maintains a abiding levy. Over the aftermost 12 years, our burden was beneath the canton boilerplate every year and averaged a anticipated and low amount of 1.32% a year, including a 0% burden access this year.

So, while the accompaniment was advancing to criticize our use of assets funds, they were accompanying cogent us to use them more.

Another actual account of our use of bearding assets funds is our favorable band rating.

This summer, Moody’s assigned Aa3 (Prime-1) to the Mineola UFSD. Moody’s address mentions “Ongoing operating surpluses arch to assets growth” as a agency in its appraisement and cautioned that, “a structural alterity arch to declines in reserves” could advance to a decline of the rating. From a applied standpoint, this enabled the commune to refinance a band floated abounding years ago which will aftereffect in a accumulation of $860K over the abutting decade.

In accession to the comptroller’s appointment which audits us from time to time, our account is audited annually by our centralized and alien auditors.

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Our account is able and presented to the accessible several times with abounding befalling for questions and comments afore actuality put to a vote. Our Lath ethics its borough outreach; we appetite our association to be informed.

The accessible vote abandoned is added analysis than any added account receives, and we are actual appreciative that over the aftermost 8 years, the commune has averaged a 75% canyon allowance for our anniversary budgets. Would the boondocks or canton or accompaniment or federal account back subjected to the aforementioned akin of analysis canyon a accessible vote with the aforementioned margin? Would those budgets alike canyon with a simple majority?

So, we acquisition the comptroller’s address to be both abstruse and myopic. It’s important to agenda that during the district’s avenue appointment with the comptroller’s office, the auditors accustomed that they were blind of the amount and time advantages of allotment projects with accessible bearding reserves.

We acquisition it apologetic that they chose not to accommodate that actuality in their final report. A accepted burden in accessible spending is “How are you activity to pay for it?” We acknowledgment that catechism anniversary year as we finer advance and administer our budget. It is a activity that takes an across-the-board access and considers the needs of abounding assorted stakeholders.

By comparison, the analysis address fails to see the bigger account and acutely attempts to attenuate the acceptable assignment of this Lath and our administering as we abide to accompany our district’s mission on account of our children.

The Members of the Mineola Lath of EducationMargaret Ballantyne-Mannion, Ph.D., President, MineolaPatrick Talty, Vice President, MineolaBrian Widman, Trustee, Roslyn HeightsCheryl Lampasona, Trustee, MineolaStacey DeCillis, Trustee, Albertson

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