A preliminary auditor’s report that was recently released revealed that the Woodward-Granger School District lost approximately $190,000, according to a statement recently released by Superintendent Brad Anderson.
According to the statement, the investigation is still ongoing.
“The auditor indicated that more work needed to be done before its work could be concluded,” Anderson stated. “The District has notified local law enforcement and the Dallas County Attorney’s office. Their investigation is pending.”
As previously suspected by school officials, the preliminary report confirmed that there has been no adverse impact on District programs and services as a result of the loss.
The news release stated that the District notified their insurer of a possible loss that might be covered by insurance, and also notified the Iowa Board of Educational Examiners, which is the licensing Board for School Business officials.
“The District will pursue every means available to recover the loss via refunds, insurance, and/or the individual responsible for the loss,” Anderson said in the news release.
The investigation began after the District was notified on Aug. 4, 2017 by one of its contractors that there were discrepancies within the District’s payroll accounting system, which resulted in the Districts Board Secretary/Business Manager, Missy Lantz being place on administrative leave with pay, as a standard operating procedure.
Lantz would later resign from her position and her resignation was accepted by the School Board on Aug. 10.