A Minnesota school district is re-evaluating its financial policies after a recent audit noted a failure “to meet state requirements for credit card purchases,” according to news reports.
“We don’t have an indication that it was fraudulent; however this is a big risk,” state Auditor Julie Blaha told Gray’s KTTC.com. “This is how fraud can happen.”
The audit chastised Byron Public Schools for lacking itemized receipts for almost $60,000 in purchases and buying more than $4,000 in gift cards without “proper supporting documentation,” according to the news outlet.
Under the new superintendent, Nate Walbruch, the district has replaced all credit cards with purchase cards.
