Auditor General: Reading School District’s Efforts To Fix Problems ‘Ridiculous’

Map of Berks County, Pennsylvania, United Stat...

Map of Berks County, Pennsylvania, United States Public School Districts (Photo credit: Wikipedia)

Eight months ago, state Auditor General Eugene DePasquale lambasted the Reading School District.

In an audit report that he called the worst ever of a school district in Pennsylvania, he derided the district’s leadership, financial management and ability to provide students with a quality education. He said if things didn’t change quickly, there would be a more than strong chance the state would take the district over.

On Friday, DePasquale was back in town to provide an update. The story wasn’t much better.

“It is, again, not a pretty picture,” he said during a press conference at the Reading State Office Building.

Read more: http://readingeagle.com/article/20140118/NEWS/301189948#.Utqg8PQo6c8

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Without Changes, It Would Cost $50 To Cross The Turnpike By 2021

Pennsylvania Turnpike/Interstate 95 Interchang...

Pennsylvania Turnpike/Interstate 95 Interchange Project (Photo credit: Wikipedia)

If the legislature doesn’t phase out the $450 million the Pennsylvania Turnpike Commission must pay PennDOT every year, it will cost a driver $50 in tolls to cross the state within eight years, according to Auditor General Eugene DePasquale.

If Act 44, the 2007 bill that required the turnpike to fund bridge repair and mass transit, isn’t changed, the toll for a trip across the state would rise to $150 by 2057, DePasquale warned in a report on Turnpike debt issued Tuesday.

His report comes as the legislature is working through a massive transportation funding bill. Gov. Tom Corbett and leaders in both the House and Senate have said sunsetting Act 44 must be a part of any legislation.  If Act 44 is not phased out, Turnpike CEO Mark Compton has said the commission will have to begin scaling back its maintenance and improvement budget.

Read more:  http://www.pennlive.com/midstate/index.ssf/2013/06/without_changes_it_would_cost.html#incart_m-rpt-2

Financing For Pennsylvania Turnpike/I-95 Connector Concerns Auditor General

Map of Bucks County, Pennsylvania, United Stat...

Map of Bucks County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)

Pennsylvania Auditor General Eugene DePasquale said Friday that an unusual plan to finance construction of the I-95/Pennsylvania Turnpike connection “raises alarms” and may prompt an investigation by his office.

DePasquale said he was especially interested in why an entity was created to broker the deal, in which wealthy foreign investors would lend the turnpike $200 million in exchange for possible permanent residence in the United States.

DePasquale said his office was legally bound to wait until a transaction is completed before launching an audit, so “it may be several months or longer” before he formally investigates the turnpike plan.

“I am going to follow this situation carefully,” DePasquale said.  “It raises some alarms.  I’m not taking a position that it’s wrong yet. . . . We’ll wait till the issue is ripe for an audit.”

Read more at http://www.philly.com/philly/business/transportation/20130511_Financing_for_turnpike_I-95_connector_concerns_auditor_general.html#KbbfJ65OCH8owKzj.99

State Auditor General Rips Reading School District

Map of Berks County, Pennsylvania, United Stat...

Map of Berks County, Pennsylvania, United States Public School Districts (Photo credit: Wikipedia)

They very well may be the worst accounting practices in the state.

That was Pennsylvania Auditor General Eugene DePasquale‘s assessment of the financial situation in the Reading School District, which he shared during a press conference Friday in Reading.

“To be direct,” he said, “the Reading School District has failed its students, failed the children of Reading.  It has failed the taxpayers.”

DePasquale was in the city to release the findings of a major audit his department did on the school district.  The audit was the result of requests by local legislators to investigate the district following the discovery of a more than $15 million accounting error in December.

Read more:  http://readingeagle.com/article.aspx?id=474980