May 31, 2003

TRANSPARENCY!

Apparently the Seattle School District is catching on.

The Committee on Fiscal Integrity in Seattle Public Schools unanimously adopted a report yesterday that urges the School Board to hire a permanent auditor to keep an eye on the district's troubled finances.

And read onwards to learn:
The report will be delivered next week to the School Board, which appointed the committee to review an audit by Seattle-based Moss Adams Advisory Services and offer its own views on how to restore the school district to financial health.

Moss Adams was hired after the district's discovery last fall that it had overspent its 2001-02 budget by $23 million and that midyear budget cuts had to be made to avoid a $12 million deficit this year.
$23 million in overspending, eh?

The audit described a finance department in chaos, a poorly supervised former chief financial officer, and a lack of fiscal checks and balances.
Hey, why don't we hire Moss Adams down here, to take a peek at Salem?