WESTFIELD - Westfield Academy and Central School's finances are in good shape, according to a recent audit.
Michael Corey, a certified public accountant, presented the audit during a recent school board meeting.
"The books are in good shape," he said.
Article Photos
Michael Corey, certified public accountant, presents his independent audit report to the Westfield Academy and Central School board. Board members listening to the report are, from left, Edward LeBarron, Phyllis Hagen, Joy Bodenmiller and Marie Edwards.
Photo by Diane R. Chodan
Corey complimented Alan Holbrook, business manager and district clerk, for the job he does.
Corey said the assets for the district are decreasing. He gave several reasons: capital depreciation over time, decreases in state aid and the district using its assets to pay off its debts.
While there were no serious faults, there is room for improvement.
"A physical inventory should be done more often," Corey said.
He also noted the school lunch program was running a small deficit.
"I appreciate the report was positive," said Jeffrey Graebell, board president.
The board adopted a resolution to accept the 2011-12 audit as prepared.
During the public comment section of the meeting, former board member Mark Winslow said, "I am disappointed the internal audit wasn't done on time. I said it for a number of years while I was on the board and I will say it again."
After the meeting Winslow said many school districts do not get their audits done on time and that it has no consequence on awarding of state aid. He still felt it should be done by Oct. 15, the date specified by the state Education Department.
During his report, David Davison, district superintendent, thanked board member Steve Cockram and Winslow for their work reviewing the policy manual and hoped the manual will be available for the next board meeting.
He also said that information about the consolidation study is available on the website.
"We want to make it as user-friendly as possible," he said.
In addition, Westfield and Brocton are working together to see that sites are presenting consistent information. Davison urged anyone who had questions about the consolidation study to contact him through the website or at the district office.