School District to discuss its bonds

 

School District to discuss its bonds

 

Date: June 23, 2014
by: Amanda Sebastiano | Staff Writer

 
 

The Manatee County School District will discuss each of its bonds, in light of a discovery released in an auditors report May 27. 

Shinn & Co., the company hired to perform the district's audits, said it discovered discrepancies in the way bond dollars were transferred from one account to another.

The report shows that $6.4 million was moved to "inappropriate accounts" without authorization, which the school district will discuss, along with its other bonds, starting at 3 p.m., June 23, at its headquarters, 215 Manatee Ave. W.

The meeting is open to the public.

Contact Amanda Sebastiano at amandas@yourobserver.com.

 

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