At their regular finance committee meeting on Tuesday, members of the Millcreek School Board will have their chance to ask questions about a recent audit that uncovered some issues. As 12News/SEE News first reported, the biggest issue was a decision last summer by then Superintendent Michael Golde, to transfer $5-million dollars from a capital projects fund, to the operating budget.
The school board never authorized that move and since the funds are restricted for capital projects the transfer was inappropriate. According to the report from auditors Felix and Gloekler, the funds were moved back after the audit exposed the problem.
School district officials say the transfer was done to cover cash flow issues at the time. That raises other questions about why the district was so short on cash, when board members thought they had reserves.
Board members will meet with the auditors and with the school district business manager, Linnea Lincoln beginning at 6:00 PM on Tuesday.