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Dinapoli: Five Years of School Audits Identify $880 Million in Excess Funds

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State Comptroller Thomas P. DiNapolis office identified $880 million in excess funds unnecessarily held in reserve accounts, missed cost savings and questionable payments by school districts across the state, according to a report DiNapoli released today. DiNapolis office completed 733 audits of all of the states public schools and Boards of Cooperative Educational Services from August 2005 ...

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