Across the country, school districts are being forced to tighten their belts as budgets get smaller and expenditures continue to grow. However, recent audits of a number of districts reveal that some schools may be able to save some of their staff and programs by getting smarter in their money management strategies.
In fact, some audits are showing funding that is blatantly wasted by lack of discretionary spending or poor bookkeeping procedures. In the current economic crisis through which many families are struggling, few have much compassion for school districts carelessly flushing taxpayer dollars away.
Tough Times
According to the , the economic slowdown is having a very real impact on public schools today. To compound the problem, stimulus funds will soon run out, leaving school districts in an even bigger financial bind. A recent study by AASA shows that "school districts' economic situation does not mimic the stability and recovery beginning to take hold nationwide." This means that budget cuts for the upcoming school year might be even deeper than those that have been made for the previous two academic calendars.
When times are tough, everyone is expected to sacrifice and count their pennies carefully. However, some school districts are not adhering to these guidelines, and auditors are finding out that money is being wasted, rather than used to save programs and teachers' jobs. Three school districts in particular have recently hit the news, thanks to poor money