Former KY school finance officer gets 5-years in prison for stealing money from schools

WTVQ-36 in Lexington reports that former Franklin County school district finance employee Lesley Wade has now been sentenced to five years in federal prison for the embezzlement of $1.6 million over the period from 2011 to 2019. The case raises several points that Kentucky’s legislators need to consider. 1) Wade was not tripped up by…

The inconsistency in the state board of education’s ill-advised termination of its finance committee

I wrote on January 17, 2020 about a really bad action by the dubiously reconstituted Kentucky Board of Education (KBE), which just terminated its Finance Committee last week. As I pointed out in that blog, the terminated committee was engaged in some extremely important and badly-needed technical work to improve the currently very troubled state…

Improved education financial transparency now at risk thanks to new state board’s decision

The questionably reconstituted Kentucky Board of Education isn’t wasting much time putting to waste one of the more important efforts of the board that was improperly replaced. Multiple reporters Tweeted out from the new board’s meeting today that the Finance Committee initiated by the ousted board is being disbanded. That’s a huge mistake. There are…