Roosevelt schools get good marks in quarterly audit

A quarterly audit of the Roosevelt School District finds it is doing a much better job of managing its finances than in the past. The state comptroller?s office says the district is on its way to ending

News 12 Staff

Feb 6, 2008, 11:37 PM

Updated 6,011 days ago

Share:

A quarterly audit of the Roosevelt School District finds it is doing a much better job of managing its finances than in the past.
The state comptroller?s office says the district is on its way to ending the school year with a $1.7 million surplus, not including the $14 million bailout recently authorized by the state. Last year, the district ended $8 million in the red.
According to the audit, the district?s revenues are $632,000 higher than budgeted. However, the district has a lunch fund deficit that needs to be taken care of.
The comptroller is recommending Roosevelt stick to budgeted expenses and use its predicted surplus to eliminate the lunch fund deficit.
Francis Cooper of the Roosevelt Watch Society says he?s been waiting a long time for good news from the comptroller?s office. However, he says it may be a few years before the district is out of the woods.
Related Information:


More from News 12
1:41
Police: Small aircraft crashes at MacArthur Airport, killing 2

Police: Small aircraft crashes at MacArthur Airport, killing 2

1:31
Cloudy, comfortable with seasonal temps; tracking an unsettled pattern this week

Cloudy, comfortable with seasonal temps; tracking an unsettled pattern this week

1:49
Democratic delegates from LI give support to VP Harris to be presidential nominee

Democratic delegates from LI give support to VP Harris to be presidential nominee

AP survey: Harris has enough delegate support to become the Democratic Party nominee

AP survey: Harris has enough delegate support to become the Democratic Party nominee

0:34
Town of Hempstead Councilman Chris Carini laid to rest in Farmingdale

Town of Hempstead Councilman Chris Carini laid to rest in Farmingdale

1:36
3 men face murder charges in strangulation of North Amityville man

3 men face murder charges in strangulation of North Amityville man

1:32
Long Island special needs group receives bike donation

Long Island special needs group receives bike donation

0:24
Duck Donuts to offer BOGO deal Tuesday for National Sprinkle Day

Duck Donuts to offer BOGO deal Tuesday for National Sprinkle Day

3:04
Nassau Legislature Rules Committee votes to move forward with transferring operations of Nassau Coliseum to Las Vegas Sands

Nassau Legislature Rules Committee votes to move forward with transferring operations of Nassau Coliseum to Las Vegas Sands

0:37
Annual LI golf outing raises funds for those struggling with mental health, substance abuse

Annual LI golf outing raises funds for those struggling with mental health, substance abuse

1:32
Surf session held for adults and kids with disabilities

Surf session held for adults and kids with disabilities

0:17
Police: Valley Stream man slashed woman with knife at deli

Police: Valley Stream man slashed woman with knife at deli

1:43
Long Islanders have mixed reaction to President Biden’s announcement on presidential run

Long Islanders have mixed reaction to President Biden’s announcement on presidential run

0:46
President Biden announces end of 2024 bid for presidency; endorses VP Kamala Harris for pick

President Biden announces end of 2024 bid for presidency; endorses VP Kamala Harris for pick

1:48
Main Street Long Island: Showcasing the best of Great Neck

Main Street Long Island: Showcasing the best of Great Neck

0:17
Man wanted for breaking into Macy’s at Green Acres Mall

Man wanted for breaking into Macy’s at Green Acres Mall

0:16
Police: 2 men wanted for stealing from car in Ronkonkoma

Police: 2 men wanted for stealing from car in Ronkonkoma

2:08
National and local lawmakers stunned by Biden's decision not to seek reelection

National and local lawmakers stunned by Biden's decision not to seek reelection

2:03
How the new Democratic nominee will be selected ahead at the national convention

How the new Democratic nominee will be selected ahead at the national convention

Officials release statements following President Biden's decision to end reelection bid

Officials release statements following President Biden's decision to end reelection bid