New Audit Criticizes School Board Spending
St. Louis, MO – Audits of the St. Louis school district's finances call the district's spending and record-keeping into question.
The audits suggest that the district cannot account for thousands of dollars, has poor controls of finances and has risked federal grant money by hiring unqualified teachers.
One report found that $7,600 from two cash withdrawals last year at one school have been unaccounted for. The bookkeeper who made those transactions has since resigned.
Audits also found that four schools spent more than $400 on flowers, and that certain school bank accounts had not been
reconciled for up to two years.
Audits also found that some classes for gifted students failed to meet state standards. The findings cover 2000 to last year.