May 2, 2023 12:01 pm
Financial concerns at Middleburg charter school could trigger probation, charter revocation
the financial audit from July 1, 2022, to Dec. 31, 2022, showed past mistakes hadn’t been corrected and there were new deficiencies. Among the deficiencies cited: Misstatements regarding the fair market value of rental space and reclassification of revenues.Cash disbursements lacking proper documentation and incomplete cash receipts.Deposits exceeding federally insured limits and inaccurate posting of expenditures.