Charter school owes N.J. $415,938 CourierPostOnline.com Courier-Post:
"In October 2008, the department's Office of Fiscal Accountability and Compliance began a review of the charter school's fiscal and governance practices from 2007 through the end of previous academic year.
The charter school, which has been on a state-issued probationary status since late last year for numerous administrative problems, needs more improvements. The state report cited inadequate board of education supervision, improper bonus and hiring practices, poor petty cash management and missing bid, travel and enrollment procedures
'The review disclosed numerous deficiencies and internal controls issues in the financial operations of the charter school,' according to the report. '. . . The charter school has received shut off notices, late notices, health insurance cancellation notices and late charges; eventually the phones were shut off.'
Freedom Academy Charter School Board President Dwight Moxie admits mistakes have been made, but many issues revealed in the report have already been corrected as part of the state's probationary demands. The board is preparing an appeal, specifically the amount of money requested"
"In October 2008, the department's Office of Fiscal Accountability and Compliance began a review of the charter school's fiscal and governance practices from 2007 through the end of previous academic year.
The charter school, which has been on a state-issued probationary status since late last year for numerous administrative problems, needs more improvements. The state report cited inadequate board of education supervision, improper bonus and hiring practices, poor petty cash management and missing bid, travel and enrollment procedures
'The review disclosed numerous deficiencies and internal controls issues in the financial operations of the charter school,' according to the report. '. . . The charter school has received shut off notices, late notices, health insurance cancellation notices and late charges; eventually the phones were shut off.'
Freedom Academy Charter School Board President Dwight Moxie admits mistakes have been made, but many issues revealed in the report have already been corrected as part of the state's probationary demands. The board is preparing an appeal, specifically the amount of money requested"
