Tuesday, July 6, 2010

N.J. audit finds Lakewood school district kept poor records, routinely overspent | NJ.com

N.J. audit finds Lakewood school district kept poor records, routinely overspent | NJ.com:

N.J. audit finds Lakewood school district kept poor records, routinely overspent

Published: Tuesday, July 06, 2010, 10:15 AM Updated: Tuesday, July 06, 2010, 10:16 AM
lakewood-nj.jpgLakewood, NJ
LAKEWOOD — A state audit found that the Lakewood school district kept poor records between 2006 and 2008 and had shoddy oversight of officials, resulting in routine overspending of accounts, under-budgeting, and other examples of wasted spending, a report on APP.com said.
The audit found that the district spent $2.5 million more on salaries than what was budgeted, and $1.2 million in health benefits were under-reported in 2007, according to the report. The audit highlighted $3,900 spent to sen

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