School District Auditors Find Flawed Budgeting System
Auditors said there was no evidence of criminal wrongdoing, despite pervasive accounting errors and a failure to immediately report mistakes to the school board.
Auditors who examined the Manatee County School districts finances said there was no evidence of embezzlement or criminal wrongdoing, even though there were so many problems with the budget system the district lost nearly $33 million in one month. Navigant, the Chicago firm hired to conduct the audit, found that the finance department used an obsolete soft ware program that "could not add or subtract, and could not be relied upon for budget preparation." That software was one of the factors that led to the school district reporting a revenue surplus of $17.6 million on April 30, 2011 and then a month later on May 31 reporting a $15.2 million deficit, a nearly $33 million difference. The Bradenton Herald reported that the committee placed …
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10:14 pm on Wednesday, January 23, 2013
They still will not account for the failure to listen to the public for over a decade that there were budget and spending problems. The statement is "the public needs to have our back" is obsolete. They have to earn our trust and our respect. Since they "stonewall" the public I would say they really aren't too interested in our opinions. more ›