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An update is expected today on the Rockwood School District audit. State Auditor Tom Schweich will present his follow-up report around 2:00pm. Rockwood was first audited in February and received a "fair" rating on the auditor's scale because of so-called "serious issues" in the budget. The most serious being that Rockwood overpaid a construction firm by $1.2 million for renovation projects. But Schweich's office said that none of the issues would rise to the level of a serious legal infraction.
Missouri Auditor Tom Schweich released the results of his audit in the last hour. The most egregious issue he uncovered was that the district ran up more than 1.2 million dollars in extra construction costs. Other problems found in the district include improper attendance controls, inconsistent inventory of the school's property, and a conflict of interest for the adviser handling bond financing.
This audit comes just five weeks before voters decide on proposition S. That would provide over 38 million dollars to the district for a several construction and security projects.
A fair rating indicates that district needs to improve operations in several areas.