Forensic Audit of Bridgeport Schools Finds No Criminal Activity, but Instances of 'Misrepresentation of Financial Information'

CT audit of Bridgeport schools' finances finds 'systemic weaknesses' but no fraud

Auditors determined many of the lapses were caused by the school board's failure to oversee district finances.

Audit of Bridgeport schools finds lack of transparency, oversight

A forensic audit prompted by a shortfall in the budget of the Bridgeport Public Schools has found no evidence of fraud in the district, but noted that a lack of oversight from the Board of Education coupled with questionable budgeting practices created an inaccurate portrait of the district’s finances.  The audit, performed by the firm CliftonLarsonAllen LLP and released on Thursday, was ordered by the state of Connecticut in response to a $39 m…

Engineering camp at SMU builds foundation for future careers

President Donald Trump on Thursday signed an executive order mandating that federal authorities clarify whether college athletes can be considered employees of the schools they play for in an attempt to create clearer national standards in the NCAA’s name, image and likeness era. Trump directed the secretary of labor and the National Labor Relations Board to clarify the status of collegiate athletes through guidance or rules “that will maximize …

Audit finds more oversight is needed in financial decisions for Bridgeport schools

President Donald Trump on Thursday signed an executive order prohibiting “third party, pay-for-play” payments to college athletes, a move the White House intends to curb “bidding wars” that have roiled college sports in recent years. The order, a fact sheet on which was shared in advance with NBC News by a White House official, notes that recent court rulings have dismantled the NCAA’s transfer and recruiting rules, and “created a chaotic enviro…

Forensic audit of Bridgeport schools finds no criminal activity, but instances of 'misrepresentation of financial information'

Connecticut audit finds fiscal mismanagement in Bridgeport schools; no crime involved. District faces $39 million cuts, affecting teachers and programs.