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~ The Mayor of St. Louis, Tishaura O. Jones, has taken action to address the ongoing financial issues within the city's Board of Education. In a press release issued today, Mayor Jones' administration announced the issuance of a Request for Proposal (RFP) for Certified Public Accountants to provide audit services to the Board of Education.
Mayor Jones expressed her concern for the students and families affected by the mismanagement within the school district, stating that they deserve answers and a school board that is held accountable for their financial actions.
According to state law (Section 165.181, RSMo), it is required for the Mayor to appoint an auditor at the end of each fiscal school year. The RFP specifies a three-year audit period starting with the 2023-2024 fiscal year, which ends on June 30, 2024. The school district is responsible for covering the cost of this auditor.
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Recent budget documents from the district show a significant decline in their general operating budget, going from a $17 million surplus to a projected $35 million deficit in just one year.
Interested vendors have until August 30, 2024 to submit their proposals to the Mayor's Office. More information and submission guidelines can be found on the City's website.
The Request for Proposal can also be accessed on the City's website. This move by Mayor Jones' administration shows a commitment to addressing and resolving financial issues within St. Louis' education system in order to better serve its students and families.
Mayor Jones expressed her concern for the students and families affected by the mismanagement within the school district, stating that they deserve answers and a school board that is held accountable for their financial actions.
According to state law (Section 165.181, RSMo), it is required for the Mayor to appoint an auditor at the end of each fiscal school year. The RFP specifies a three-year audit period starting with the 2023-2024 fiscal year, which ends on June 30, 2024. The school district is responsible for covering the cost of this auditor.
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Recent budget documents from the district show a significant decline in their general operating budget, going from a $17 million surplus to a projected $35 million deficit in just one year.
Interested vendors have until August 30, 2024 to submit their proposals to the Mayor's Office. More information and submission guidelines can be found on the City's website.
The Request for Proposal can also be accessed on the City's website. This move by Mayor Jones' administration shows a commitment to addressing and resolving financial issues within St. Louis' education system in order to better serve its students and families.
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