BOE Special Meeting - May 4, 2026

The Newburgh Schools Board of Education held a special meeting on May 4, 2026, primarily to review and discuss the corrective action plan in response to a financial management audit conducted by the New York State Comptroller's Office. The audit covered the period from July 2019 to June 2024 and identified several findings related to budget realism, surplus fund balance management, reserve fund policies, and the absence of a multi-year financial and capital plan. The district presented responses to each finding, noting that many issues had already been addressed or did not require further action. The board discussed the use of surplus funds, reserve funds, and the challenges of budgeting amid uncertain state aid. The meeting concluded with the board voting to approve the corrective action plan, which will be submitted to the State Comptroller's Office. No follow-up audits are scheduled, but the plan aims to improve financial management and capital planning practices within the district.