ALBANY - State Comptroller Thomas DiNapoli announced his office completed two audits:

Town of Orchard Park – Financial Management (Erie County)
The town accumulated excessive fund balances in nine special districts at the end of the 2010 fiscal year by adopting budgets that underestimated revenues and/or overestimated expenditures. Auditors found the town has nearly $1.4 million sitting idle in 18 capital projects funds and more than $866,200 in cash and fund balance in special revenue funds that should be recorded and reported in the general fund.

COMMUNITY Charter School – Conflict of Interest Policy (Erie County)
The former board president engaged in business transactions with the owner of a construction company to which the school has paid $2.4 million since 2007. The board, however, did not follow the school’s conflict of interest policy because it did not determine whether this relationship resulted in a conflict of interest as the policy requires. As a result, there is a risk that the former board president could have improperly benefited from his position as a trustee and that the school paid more than necessary for construction services.