LAFAYETTE, La. (KPEL News) — The Lafayette Parish School System is now at risk of losing more than $150 million in state funding. Auditors said they couldn’t determine the financial condition of the district, and the school board missed the state’s deadline to submit its annual audit report.
The school board’s fiscal year ends June 30, and all Louisiana school districts were given until March 31 to submit their annual audits. LPSS didn’t meet that deadline either. According to KATC, Chris Province, manager of the Louisiana Legislative Auditor’s local government services division, confirmed in an email Monday that as of that day, the school board’s 2025 audit report had not been received and no extension had been granted.
“As a result, the School Board will be placed on the noncompliance list, and state funds may be withheld until the report is submitted,” Province said…