The External Auditors give the OBEN School District their Highest Rating
The Oyster Bay East Norwich Board of Education held its monthly Business meeting on Tuesday, October 18 at 7:30 pm in the OBHS Library. The audience was led in the Pledge of Allegiance by James H. Vernon School 4th grader Robert Ross.
Superintendent of Schools Dr. Laura Seinfeld began her report by congratulating Oyster Bay High School’s newest All-State musician, Emma Ingoglia. Emma will be heading to the States this December for her abilities on the French Horn. Emma treated the Board and community to a beautiful Nocturne.
The week of October 24, 2016, was designated by New York State as School Board Appreciation week. Members from the Parent/Teacher Associations presented each Board member with a pie in a show of gratitude. Members of the Board of Education work many long hours and assume an awesome responsibility without any monetary compensation at all. The District and community appreciates the OBEN Board members for all their hard work and dedication. The Board members were invited to spend the week visiting classrooms and events held throughout the District.
Dr. Seinfeld delivered some exciting news. Nassau County Legislator Donald MacKenzie of the 18th District got the OBEN School District a one hundred and fifty thousand dollar grant to renovate the OBHS library which will include new furniture and a technology upgrade.
Marianne Van Duyne CPA, the managing partner of R.S. Abrams & Co. LLP accounting firm came to the podium to share the external audit report for 2016-16 with the Board. Once again, the OBEN School District was given an “unmodified opinion” which is the best rating. The auditors found “no material weaknesses.” The rating looks to the ratio of current assets to liabilities. OBEN’s ration is 2.97 to 1. The state average is 2.65 to 1. This is the ratio that lenders look for. Ms. Van Duyne praised the District for their cooperation and noted that many of their recommendations have already been addressed.
Mr. Tim Green, the Code Enforcement Official, delivered the Fire Marshall report in which he said, “The schools look great.” There were a few minor issues that were dealt with immediately thanks to the vigilance of Ms. Diane Hannah in the Buildings and Grounds office at the high school.
Three representatives from the BBS Architectural firm were on hand to update the Board on the status of the Bond project for the new music wing at the high school. The plans were submitted to the State Education Department. Nothing further can be done until the SED responds. Initially it was expected to take 36 weeks, but it is now anticipated to take 12 to 14 weeks, which means that the SED should respond by December. The Board has until then to come to a decision on the type of flooring material to be used.
Dr. Seinfeld took the opportunity to invite the Board and the entire community to join her and many students in a Book Club on Monday, November 28. She praised Dr. Ryan O’Hara and Ms. Lara Gonzalez for suggesting the book selection. The book is “Flipped” by Wendelin Van Draanen. Amazon.com describes this book, “This is a classic romantic comedy of errors told in alternating chapters by two fresh, funny voices.”
The next Board of Education meeting will be held on Tuesday, November 1 at 7:30 pm in the OBHS Library. All are welcome.
Link to the Agenda - http://obenschools.org/domain/26
The External Audit Report - http://obenschools.org/domain/31