After this long year, there is a state funded investigation against SUSD for fraud. Findings will be shared at the weekly board meeting tonight. Here is everything you need to know:
Known as an “Extraordinary Audit,” was conducted by California’s Financial Crisis & Management Assistance Team investigators.
The purpose of the investigation is for misappropriation of funds, or other illegal fiscal practices that may have occurred.
If the audit reveals “financial mismanagement, misuse of funds or insolvency,” Stockton Unified could be put into state receivership that would be administered by SJCOE, which could include the termination of the (district) Superintendent and suspension of the Board of Trustees as a decision-making body.”
Stocktonia will livestream the county’s presentation Tuesday afternoon beginning at 5 p.m. on its Facebook and Twitter pages. In the meantime, checkout our recent coverage of the district’s woes. We will keep you posted on this breaking news.
