Problems with Mismanaged Money Found at Schools District-Wide

Problems with Mismanaged Money Found at Schools District-Wide

Melrose High School isn't the only school in Memphis and Shelby County Schools with problems dealing with how money is handled.
MEMPHIS, TN (localmemphis.com) - Melrose High School isn't the only school in Memphis and Shelby County Schools with problems dealing with how money is handled.

With school systems merged, the big question is when it comes to money is what's being done to get tighter controls in place?

Melrose alumni are upset about the mismanagement and abuse that's taken place at their former school, but it's not just Melrose.

School audits like this are turning up problems with the handling of school accounts and activities funds district-wide.

In fact, according to the most recent audit information available, there were shortages in more than 150 funds for dozens of Memphis City Schools. From cheerleading fund accounts to yearbook accounts, 2011 totals show the accounts were nearly $300,000 short.

Shelby County Schools had similar problems; at Germantown High School, the principal was cited for allowing students the use of school credit cards to make purchases.

School board member David Pickler says a massive audit is being done at all schools, offices and facilities so there is a baseline for the new unified school system.

But board member Kenneth Whalum says keeping an eye on what was once two school systems is like double trouble, because there are now more schools to watch and fewer auditors.

The district-wide audit should be completed in the next month or so. Pickler says when it's complete, new policies will be put in place to better track how your money is being spent.

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