audit

Education
6:43 am
Fri April 11, 2014

Many Kentucky School Financial Officers May Lack Skills To Do Their Jobs

Monticello High School
Credit Wayne County Museum

Kentucky doesn't mandate any qualifications for the top financial officers of its 173 school districts—and state officials are concerned that the situation is leading to waste and mismanagement, the Kentucky Center for Investigative Reporting reports today.

You can read the story by Kristina Goetz here.

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Local News
4:27 pm
Thu January 23, 2014

Kentucky House to Vote on Cyber Security Improvements for State Government

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A bill improving cyber security for Kentucky state government will get a vote in the House.

Consider the Black Friday security breach that compromised credit card information for over a hundred million Target customers, Should hackers ever comprise computers in a Kentucky state government agency, House Bill 5 would require the state to tell you what happened.

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Education
8:59 pm
Mon January 13, 2014

JCPS Drafts 'Preliminary' Budget, But Must Wait For State Action

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The Jefferson County school board got its first look at next year's budget Monday, but state funding and results of an unfinished audit will likely force the district to make changes before it receives final approval in the fall.

“I think we’re being very optimistic,” says Cordelia Hardin, the chief financial officer who has helped craft over two dozen dozen budgets.

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Education
12:30 pm
Tue December 3, 2013

Former Northern Kentucky Superintendent Pleads Guilty To Embezzling School Funds

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A former northern Kentucky superintendent faces up to two years in prison, after pleading guilty in federal court this week to embezzling nearly $200,000 from his school district. 

William “Gary” Rye actually embezzled over $500,000 over several years of leading Dayton Independent Schools, according to Kentucky State Auditor Adam Edelen.

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Education
4:43 pm
Tue April 23, 2013

Details of Jefferson County Public Schools Audit To Be Released Wednesday

Adam Edelen
Credit File photo

Less than a day after the Jefferson County Public Schools board asked State Auditor Adam Edelen to look into the district's finances and policies, Edelen has responded. 

On Wednesday morning, Edelen, Mayor Greg Fischer, Superintendent Donna Hargens and Board of Education Chair Diane Porter will announce the scope of the state audit of JCPS.

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Local News
5:30 pm
Mon June 4, 2012

Indiana Hires Firm to Review Accounting Errors

Indiana is hiring an international accounting firm for an audit of how the state lost track of more than $500 million in tax revenue it had collected.

The State Budget Committee announced the hiring of Deloitte LLP Monday.

The firm will likely brief state budget officials in July on the scope of the audit that's needed. Officials say the external audit won't start until after that briefing.

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