Tuesday, January 31, 2012
District 113A Business Manager Barbara Germany says it will be at least two weeks before the district finds out whether it owes more money to the state for unallowable transportation reimbursements.
The Illinois State Board of Education will formally audit Lemont-Bromberek Combined School District 113A's 2009-10 transportation claim in the coming weeks to determine whether the district owes the state more money for unallowable reimbursements. District 113A Business Manager Barbara Germany said she spoke to a representative from the ISBE External Assurance department Friday, and will be working with their auditor this week. "They have requested that we send certain documents to them, as opposed to them coming here for an on-site audit," she said. "I haven't spoken to the auditor yet, but we should be connecting Tuesday so we can get the process started." Germany told District 113A board members Jan. 24 that she was concerned that the …
Tuesday, January 24, 2012
Potential issues with transportation reimbursements for 2009-10 could bring the total owed to the state to more than $623,000, according to Business Manager Barbara Germany. The district already owes $328,956 for 2008-09.
Lemont-Bromberek Combined School District 113A could owe another $295,000 to the state of Illinois for "unallowable transportation reimbursements" received for the 2009-10 school year, according to District 113A Business Manager Barbara Germany. During the board's Dec. 20 meeting, Germany and former District 113A Superintendent Tim Ricker informed board members of a transportation audit conducted by the Illinois State Board of Education. According to the audit, the district received reimbursements totaling $328,956 for its 2008-2009 transportation claim that are "not allowable" by the state. Reimbursements totaled $305,056 for regular transportation and $23,900 for special education transportation, according to district officials. The …
Wednesday, October 12, 2011
A draft of the district's audit of fiscal year 2011 was presented to the board during a special meeting Tuesday night.
Despite continued financial struggles, Lemont-Bromberek Combined School District 113A "is headed in the right direction," according to its 2010-2011 audit. During a special meeting of the District 113A Board of Education on Tuesday, an 88-page draft of the the district's audit for fiscal year 2011 was presented by Ed McCormick, a representative from the independent accounting firm Mulcahy, Pauritsch, Salvador and Co. Overall, auditors found that all district financial statements fairly represent the financial position of the district, McCormick said. According to the audit, District 113A is still in a situation where its liabilities are exceeding its assets. However, the district increased its net assets over the 2010-2011 school year. "…
Tuesday, October 11, 2011
The finalized audit and the district's Annual Financial Report must be submitted to the state by Oct. 15. The District 113A Board will meet at 6 p.m. Tuesday in the River Valley All-Purpose Room.
The Lemont-Bromberek Combined School District 113A Board of Education will hold a special meeting Tuesday night to consider the district's financial audit for the 2010-2011 school year. During the meeting, the board will have the opportunity to ask questions and provide input on the audit, which was completed by the auditing firm Mulcahy, Pauritsch, Salvador and Co. The document will be presented by Ed. McCormick, a representative from teh firm, and District 113A Business Manager Barbara Germany. During Tuesday's special meeting, the board will also consider a resolution to open a new payroll account at Suburban Bank and Trust, per the request of various board members. The board will also consider moving its meetings from River Valley back…
martin finn
8:28 am on Thursday, January 26, 2012
as was quickly understood by an observer, mr johnson, I believe, 113A was going to be on the hook for all subsequent years that transportaton claims were in error. Essentially, these were all years where claims were submitted under mr Beckwith. All contained inflated claims, purposefully, and with wider knowledge than just beckwith, because they wanted money NOW, and hoped (like a irs cheat) that… more ›