ST. LOUIS (KMOX) – The audit gave the district a rating of “poor,” and found the St. Louis Public Schools District is burning through reserves, with funds set to run out by 2031.
The fiscal year 2024 budget $17.7 million underwater and over $33 million in fiscal year 2025 and 2026. The audit reveals if the district’s balance remains on this pace, their fund balances would fall below 3 percent of expenditures by 2030. The department of education
The audit also found questionable spending under former Superintendent Dr. Keisha Scarlett. Issues that arose during her one year tenure prompted the auditor’s review…