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District audit contrasts with outside consultant; $60,782 in PI spending flagged and one-time transfer recommended
Summary
The board reviewed conflicting audit findings: Briscoe Consulting reported $4.6 million in potentially impermissible PI transactions while the district audit found $4.5 million permissible; the treasurer recommended a one-time $60,782 transfer to correct digital-license charges and informed the board of a pending legal notice.
The Riverside Local School District Board of Education heard competing audit findings and a recommendation for a corrective fund transfer during its special meeting. The district’s finance representative said the outside Briscoe Consulting Group identified 252 transactions totaling $4,600,000 it characterized as not permissible, while the district audit found 251 transactions equaling $4,500,000 that it considered permissible. The treasurer recommended a one-time transfer of $60,782 from the general fund back into the…
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