The New York Post reported that New York City’s Comptroller Scott Stringer conducted an audit of grants to the New York City Leadership Academy and found no evidence that the city was getting what it paid for.

The city Department of Education has awarded contracts worth up to $101 million to the NYC Leadership Academy — but didn’t keep track of where the money went, a bombshell audit by City Comptroller Scott Stringer charges.

The Long Island City-based non-profit has collected $45.6 million from the contracts to coach “aspiring principals” and teachers. But the DOE failed to produce records to prove the $183-an-hour coaches did what they were paid for….

The contracts also require progress reports and meetings to monitor the vendor’s performance, but the auditors found none — raising the specter of “waste, fraud and abuse,” the report says.

“These failings point to a broken procurement system that allows the DOE to spend freely, devoid of oversight,” Stringer concludes. “Our principals deserve better than this.”

The DOE entered into three contracts with the academy since 2008, the first two under then-Mayor Bloomberg. The third, for payments up to $45 million from July 2014 to June 2019, was inked under Mayor de Blasio by Chancellor Carmen Farina’s chief operating officer. About $34.8 million available remains unspent.

Last month, de Blasio declared a “NYC Leadership Academy Day,” and declared the outfit “an important partner” in running city schools. Fariña praised the academy “for its tremendous work to prepare and support great school leaders.”

But the academy, founded in 2003, has also become notorious for graduating inept — and sometimes corrupt — principals with little teaching experience. Its “leadership coaches,” mostly retired principals, have also been hired in the mayor’s three-year-old Renewal program for struggling schools, which has shown meager academic gains.

The comptroller’s auditors reviewed $559,667 in DOE payments to the academy, including $394,007 for “leadership coaching.”

“Disregarding the safeguards in its own contracts and procurement rules,” the comptroller said, the DOE spent $385,612, or 98 percent of the coaching payments, without the required documentation.

This report is an indictment of mayor control, spanning both Bloomberg and de Blasio’s oversight, as well as the New York City Leadership Academy. Bloomberg and Klein announced the Leadership Academy with great fanfare as a way to fast-track “leaders” with a year of training. The original plan was intended to hire and train leaders from industry and aspiring principals from outside New York City, who would come into the school system and act as disruptors with fresh ideas. Neither of those approaches worked. Then, it became a way to jump from the role of teacher to principal while skipping the five-to-seven year apprenticeship of being an assistant principal. For a time, it was the latest new thing, like Tennessee’s Achievement School District, which has failed. It would be difficult to determine any benefit from the $101 million (actually much more, since Bloomberg raised $75 million for the LA’s first three years of operation).