Some apparent mismanagement of school funds has turned up, during a re-audit of the financial records of the Central City Community School district. State officials claim the district misused nearly 60-thousand dollars from the school’s general fund, and has failed to properly maintain the Physical Plant & Equipment Levy Fund, which is currently operating in the red. After the school board claimed it would use money from the district’s General Fund account to pay for maintenance and general repairs of facilities as needed, auditors told the board that would violate the Iowa Code, unless they get special permission from the state School Budget Review Committee. The district’s indicated that it does plan to comply with the recommendations by the state auditors, in an effort to bring the budget back in line.
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