A former Kentucky school financial investigator says Fayette County’s school board was presented with information about Fayette County Public Schools’ finances in 2024-25 “that was misstated to the degree that economic decisions should have been altered.”
Calvin D. Cranfill is a certified public accountant in Lexington and was a former financial investigator of Kentucky school districts for the Legislative Research Commission. The Herald-Leader asked Cranfill to review FCPS’ 2024-25 final annual audit, for the year ending June 30, 2025.
It is the district’s most recent annual audit, and was done by accounting firm LBMC…