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Comment on Regional Business Council partners with St. Louis schools to improve fiscal practices by Samuel Cummings
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Comments for St. Louis American
The St. Louis Regional Business Council has partnered with St. Louis Public Schools to address findings from a recent state audit, and district administrators recently met with the Missouri Department of Elementary and Secondary Education to present an action plan.
According to school officials, the plan addresses the audit findings and outlines a structured framework for improving fiscal practices.
“We know that means revising outdated policies and eliminating old practices, which we’ve been doing,” she said.
The district paid $1,106 in late credit card fees and allowed excessive credit limits — including a $450,000 limit on one card that saw minimal use — without regular review.
Missouri State Auditor Scott Fitzpatrick said the district’s finances are rapidly worsening because the board failed to adequately prepare for the future.