Fayette County schools’ finance leaders race to fix district’s money woes under intense scrutiny

LEXINGTON, Ky. (WKYT) – Fayette County Public Schools’ top finance official says the district is overwhelmed but trying to be more transparent as it works through multiple layers of financial scrutiny.

At Wednesday morning’s Audit Committee meeting, Interim Chief Financial Officer Kyna Koch detailed the strain on her team, shared updated information about the state’s special investigation, and debuted a new public tool that lets families watch the district’s progress in real time.

New public dashboard to track audit fixes

Koch said the district has launched a public dashboard that tracks how FCPS is responding to the recommendations from Weaver and Tidwell, the outside firm brought in to review the district’s finances. The dashboard is designed to show which recommendations have been completed, which are in progress and which still need to be addressed.

Koch told committee members that many of those recommendations focus on tightening internal controls and cleaning up years of financial data…

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