Monticello School District to undergo audit

The financial records of an eastern Iowa school district are going under the microscope. The Monticello School Board is giving the state auditor’s office permission to conduct a special audit and an investigation to determine if inappropriate transactions and fund usage took place before this school year. The audit is being performed as a follow-up to a letter received by the school district from an independent auditor last December which revealed some improprieties in managing the district’s money. The board this week authorized spending up to 55-hundred dollars for the special audit, which will be performed next week.