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Thursday, January 09, 2014

Outside Firm to Investigate Schools’ $2 Million Shortfall

By James Lomuscio

Westport’s Board of Finance tonight voted unanimously to recommend the town hire independent auditor McGladrey LLP to investigate what caused the Board of Education’s $2 million shortfall in its 2013-14 budget of $104 million.

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Board of Education Chair Elaine Whitney addresses the Board of Finance tonight. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

McGladrey’s analysis costing $15,000 is expected to be done over 30 days before the school board submits its 2014-15 proposed budget to the finance board.

John Pincavage, finance board chairman, put forth the motion, which had not been on the Board of Finance agenda, and it did not take long for Elaine Whitney, school board chairwoman who was in the audience, to object.

Whitney stressed it was the Board of Education’s “fiduciary responsibility” to conduct the inquiry with McGladrey and not to be left out of the loop.

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