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Borough flags roughly $5.4 million in alleged overspending; forensic audit planned
Summary
Ketchikan Gateway Borough manager told the school board that roughly $5.4 million in potential district overspending has been identified and that the borough has hired a forensic auditor; the borough assembly will discuss the matter Dec. 1 and the board plans its own follow-up.
The Ketchikan Gateway Borough informed the Ketchikan Gateway Borough School District Board of Education on Nov. 20 that it has identified approximately $5,400,000 in what it is calling overspending by the district and is treating the amount as a debt the district may owe the borough.
Madam President read a memorandum from borough manager Ruben Duran notifying the board of the discovery and saying the borough has engaged an auditor to perform a forensic review. The borough assembly scheduled a work session for Dec. 1 to discuss the findings, and the board said it will schedule its own work…
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