Accounting Error Leaves Pa. District Short $15M - FOX 10 News | myfoxphoenix.com

Accounting Error Leaves Pa. District Short $15M

Updated:
READING, Pa. -

The Reading School District says an accounting error has left it short more than $15 million.

Board President Robert F. Heebner Jr. tells the Reading Eagle http://bit.ly/100L2g2 that said revenues for the 2010-11 school year were overstated by about $15.6 million. The mistake was uncovered by district auditors.

School administrators are still working to learn more about how it happened. The board's vice president, Pierre V. Cooper, says it's not clear what the impact will be. But officials say the district will be able to make payroll, and they're confident that taxpayers won't be hurt.

Three lawmakers are demanding a state audit of the district.

 

Information from: Reading Eagle, http://www.readingeagle.com/

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsMore>>

  • 3 Injured, Child Killed, In South Philadelphia Shooting

    3 Injured, Child Killed, In South Philadelphia Shooting

    Friday, August 1 2014 10:44 PM EDT2014-08-02 02:44:29 GMT
    SkyFOX was live over the scene on the 1500 of South Etting Street in South Philadelphia around 9:40 p.m. on Friday. Police say four people have been shot. According to authorities, a 3-year-old girl was shot, one time in the left side of her chest. She was transported to the Children’s Hospital of Philadelphia and was pronounced dead. 
    SkyFOX was live over the scene on the 1500 of South Etting Street in South Philadelphia around 9:40 p.m. on Friday. Police say four people have been shot. According to authorities, a 3-year-old girl was shot, one time in the left side of her chest. She was transported to the Children’s Hospital of Philadelphia and was pronounced dead. 
  • Suspect Confesses To Murder, Police Search For Bodies In Park

    Suspect Confesses To Murder, Police Search For Bodies In Park

    Friday, August 1 2014 10:22 PM EDT2014-08-02 02:22:08 GMT
    Authorities say they are searching allegedly for two dismembered bodies buried in a wooded in Indian Rock Park in Springfield after a murder suspect confessed to killing two people.
    Authorities say they are searching allegedly for two dismembered bodies buried in a wooded in Indian Rock Park in Springfield after a murder suspect confessed to killing two people.
  • Police: Boater Disappearance May Have Been Staged

    Police: Boater Disappearance May Have Been Staged

    Friday, August 1 2014 9:42 PM EDT2014-08-02 01:42:31 GMT
    Egg Harbor Township Police believe the disappearance of a boater in July may have been staged.
    Egg Harbor Township Police believe the disappearance of a boater in July may have been staged.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices