Independent audit flags contracting and fiscal-control weaknesses in PPS bond program
An external bond performance audit praised project delivery progress but found weaknesses in fiscal controls, contracting and oversight — including $193,000 in unallowable bond charges, nearly $1M in unsupported payroll charges, and concerns about a $61M bond program management contract; auditors made 38 recommendations.
The full story
External auditors from Schoberg Habesheng Consulting presented an annual bond performance audit to the Portland Public Schools board, highlighting both completed projects and significant control weaknesses that increase fiscal risk. "We made 38 recommendations to help strengthen controls, reinforce accountability, and better protect taxpayer resources," auditor Kathy Brady told the board.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in