EL PASO, TEXAS (KFOX14/CBS4) — A newly revealed financial crisis at the El Paso Independent School District has raised questions about oversight and accountability after district officials disclosed a $52 million budget deficit and more than $21 million in spending that was not approved by the school board.
The shortfall was presented during an El Paso ISD board meeting held Tuesday night.
Trustees said the deficit was far larger than what they believed they had adopted in June, when board members thought they were approving a $6 million deficit…