Financial scandals call for more training, scrutiny.The theft of millions of dollars in school funds in a tiny Missouri school district and a wealthy suburban district outside New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. has school officials across the nation taking a second look at how to keep better tabs on district finances. In Roslyn, N.Y., top school officials, including the superintendent, have been accused of diverting $11.2 million in funds to themselves and relatives for such things as shopping sprees and trips. In Missouri, Ronnie DeShon, who resigned in October as superintendent of Pattonsburg, R-II school district confessed to gambling away $888,478, school officials say. Neither district's auditing firms caught the problems. Educators say that while such thefts are rare, districts can be devastated dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. when they occur. Both Roslyn and Pattonsburg school officials now face trying to recoup the losses, regain the public trust, and put controls in place to prevent future thefts. Roslyn officials could not be reached for comment. But the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State legislature A state legislature may refer to a legislative branch or body of a political subdivision in a federal system. The following legislatures exist in the following political subdivisions: Finance officials say districts may not prevent educators from stealing money, but with proper controls, they should be able to catch the thefts earlier. Rebuilding Steps Interim Pattonsburg School Superintendent Noun 1. school superintendent - the superintendent of a school system overseer, superintendent - a person who directs and manages an organization Bob Bruner is putting procedures in place to prevent future thefts. These include: * Preventing future superintendents from being able to open other accounts without school board knowledge; * Giving school board members more access to financial information for better oversight; * Hiring a new auditing firm and requiring third-party verification TPV (Third party verification) is a process of getting an independent third party company to confirm that the customer is actually requesting a change or ordering a new service or product. from banks and creditors of school accounts. |
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