IN-DEPTH: Florida School District Bank Account ‘Fell Through the Cracks,’ Unaudited for 18 Years
A Florida school district CFO confirms that the bank account for a hugely successful youth orchestra program is rife with accounting problems, after effectively being “lost” to accounting oversight for years.
The resulting controversy is pitting liberal and conservative elements in the district against each other. Newly elected, conservative-leaning board members say they’re baffled as to how a sizable bank account could fly under the radar for years. Meanwhile, others in the district accuse them of trying to destroy a beloved institution.
At the district’s June 6 school board workshop, Flagler County Schools chief financial officer Patty Wormeck admitted that a bank account established 18 years ago for the Flagler Youth Orchestra (FYO) has had no school oversight and is riddled with irregularities….