Audit reveals major failures in school financial practices

November 16, 2024 | Legislative Audit Commission, Commissions, Joint, Committees, Legislative, Minnesota


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Audit reveals major failures in school financial practices
In a recent government meeting, concerns were raised regarding the Minnesota State Academies' compliance with audit findings, highlighting significant issues in financial management and documentation practices. Superintendent Terry Wilding, alongside Finance Director Amber Miller, acknowledged the challenges faced by the academies, particularly in aligning their operational needs with state payroll systems.

Wilding noted that the academies had not undergone an audit since 2013, making the recent findings a crucial learning opportunity. He emphasized that they are committed to addressing the twelve identified issues, which include implementing new guidelines and enhancing staff training to meet state expectations. However, legislators expressed frustration over the lack of basic controls and adherence to policies, with Senator Kuran labeling the situation a \"huge failure\" in oversight.

The discussion also touched on a specific incident involving Wilding's personal travel expenses, which were partially deemed inappropriate. Wilding confirmed that he would reimburse the institution for the meal costs associated with the trip, which had been misinterpreted in the audit.

Legislators called for immediate corrective actions and ongoing oversight to ensure compliance and restore public confidence in the academies' financial stewardship. The meeting concluded with a commitment from Wilding to report back on the progress of implementing the necessary changes, underscoring the importance of transparency and accountability in public education administration.

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