Monday, May 4, 2015

Postscript: Treasurer Cincinnati College Prepatory Academy

A follow up on the aftermath of  of the scandal at Cincinnati College Prepatory Academy.  Stephanie Millard, the treasurer of that school and of Ohio Connections Academy has plead guilty to two counts of unauthorized use of property.  Two years probation.  Not sure what other schools she served as treasurer, but I suspect that many charter schools were looking for a part-time accountant to bless their dealings.  I do know that this indictment and conviction did generate a taxpayer paid audit of Cincinnati College Prepatory Academy and Ohio Connections Academy and perhaps others.  Both audits found issues.

This is why reform is needed as to the finances of charter schools and their for profit management companies.  The loosie goosie fiefdoms paid by the taxpayers, with unelected weak school boards, are a tempting target for abuse.

From the court records:

SENTENCED COUNT 4: UNAUTHORIZED USE OF PROPERTY CONFINEMENT: 180 DAYS, SUSPENDED 180 DAYS HAMILTON COUNTY JUSTICE CENTER PROBATION: 2 YRS

SENTENCED COUNT 16: UNAUTHORIZED USE OF PROPERTY CONFINEMENT: 180 DAYS, SUSPENDED 180 DAYS HAMILTON COUNTY JUSTICE CENTER PROBATION: 2 YRS

No comments:

Post a Comment