Monday, November 30, 2009

What happens when you have a disfunctional education financial accounting system

WAVE 3 TV in Louisville reports that about $60,000 of a $120,000 included in the state budget to enhance academics at Phelps High School (Pike County) actually ended up in the athletics department.

Apparently, still other funds could not be accounted for.

We’ve written plenty about the very poor MUNIS education financial accounting system in this state (here, for example, and here).

You get the nonsense in Phelps when people think the accounting is so loose that no-one will ever figure out how funds are really being spent.

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