Shari Diamond

Lunch Money Leftovers: Stirring Up a Smart Spend Down Plan

Starting in the 2025-2026 school year, all New York State School Food Authorities (SFAs) that participate in the federal school lunch and/or breakfast programs are required to provide reimbursable school meals at no cost to ALL students. The State will reimburse SFAs...

Domestic Partner Imputed Income Calculation

A number of our clients have requested information regarding the calculation for imputed income for a domestic partner, especially if it involves a retiree. When an employee or retiree enrolls their domestic partner or their partner’s child in one of the district’s...

Interview: Exploring Counslr’s Innovative Approach to Mental Health Support for School Communities

Shari Diamond, interviewed Michael Goldberg, Board Member, Counslr, Inc. and Former Healthcare Executive, to learn more about Counslr and how it can help students and staff with addressing growing mental health needs. SD: Michael, thank you for joining me today. Can...

OMB Issues Guidance on Temporary Pause of Federal Financial Assistance Programs

January 28, 2025 – Washington, D.C. – The Office of Management and Budget (OMB) has released a Q&A document regarding Memorandum M-25-13, outlining the temporary pause of certain federal financial assistance programs in response to President Trump’s recent...

School Field Trips Best Practices

School field trips provide students with an excellent opportunity to learn beyond the classroom setting. Post COVID, school-sponsored field trips have been on the rise. The school district is responsible for establishing policies and procedures that ensure the safety...

District Credit Card – Best Practices

There are many reasons that school districts have credit cards. Often, credit cards are the best method for paying for certain travel and conference expenses. In addition, we have noted that some vendors no longer accept purchase orders and will only accept credit...

2024 Global Internal Audit Standards: Major Themes and Key Changes

The Institute of Internal Auditors (IIA) introduced the 2024 Global Internal Audit Standards, which organizations are expected to implement by January 9, 2025. These updated Standards mark a significant evolution from the previous 2017 version, providing a...

Tips to Prevent Wire and ACH Frauds

ACH payment fraud is becoming more common, and it is believed that the fraudsters target certain types of individuals. Unfortunately, school districts are one of those targets. Financial institutions play a crucial role in safeguarding bank accounts from fraud;...

Utility Bill Auditing

For many school districts, especially larger districts, reviewing the utility invoices can be a cumbersome process as schools have multiple accounts. We have noted that recently late fees have been added and are cropping up across the Island. Many districts have asked...
Lunch Money Leftovers: Stirring Up a Smart Spend Down Plan

Lunch Money Leftovers: Stirring Up a Smart Spend Down Plan

Starting in the 2025-2026 school year, all New York State School Food Authorities (SFAs) that participate in the federal school lunch and/or breakfast programs are required to provide reimbursable school meals at no cost to ALL students. The State will reimburse SFAs...

read more
Domestic Partner Imputed Income Calculation

Domestic Partner Imputed Income Calculation

A number of our clients have requested information regarding the calculation for imputed income for a domestic partner, especially if it involves a retiree. When an employee or retiree enrolls their domestic partner or their partner’s child in one of the district’s...

read more
School Field Trips Best Practices

School Field Trips Best Practices

School field trips provide students with an excellent opportunity to learn beyond the classroom setting. Post COVID, school-sponsored field trips have been on the rise. The school district is responsible for establishing policies and procedures that ensure the safety...

read more
District Credit Card – Best Practices

District Credit Card – Best Practices

There are many reasons that school districts have credit cards. Often, credit cards are the best method for paying for certain travel and conference expenses. In addition, we have noted that some vendors no longer accept purchase orders and will only accept credit...

read more
Tips to Prevent Wire and ACH Frauds

Tips to Prevent Wire and ACH Frauds

ACH payment fraud is becoming more common, and it is believed that the fraudsters target certain types of individuals. Unfortunately, school districts are one of those targets. Financial institutions play a crucial role in safeguarding bank accounts from fraud;...

read more
Utility Bill Auditing

Utility Bill Auditing

For many school districts, especially larger districts, reviewing the utility invoices can be a cumbersome process as schools have multiple accounts. We have noted that recently late fees have been added and are cropping up across the Island. Many districts have asked...

read more
Cerini & Associates, LLP
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