“KDE is in communication with leadership in Fayette County Public Schools to request and review information beyond that routinely submitted by school districts,” district spokesperson Jennifer Ginn said Monday.
The cuts to staff come as the district is grappling with financial uncertainty after various audits and examinations found the financial information the district has relied on is not accurate. The district’s financial position is much more precarious than previously thought.
FCPS Interim Chief Financial Officer Kyna Koch said last week it is possible the district’s contingency fund balance, how much it has at the end of the fiscal year, will dip below 2% of the district’s total budget, which could trigger Kentucky Department of Education intervention. KDE officials and FCPS officials met last week…