The money went into a general school fund used to pay for student activities such as proms and trips.
DiNapoli said school officials said they reimbursed the account for the $7,000 used for the teachers' parties, but provided no evidence. The Department of Education is investigating how the rest of the money disappeared.
The principal resigned in May after the funds were found missing. He referred questions to the Department of Education.
Published at 8:31 AM EDT on Jun 25, 2010 | Updated at 8:45 AM EDT on Jun 25, 2010