State board asks former treasurer to repay more than $20,000; 'Internal control deficiencies' addres

State board asks former treasurer to repay more than $20,000; 'Internal control deficiencies' addressed

Tell us"..

"more arrests" are possible.

"the indiana state board of accounts says"..

"a former deming elementary school account treasurer" should re-pay "the vigo county school corporation" more than "20"-thousand-dollars that's after "a special report"..

Revealed..

That some receipts written were *not* deposited.

News 10's "jon swaner" explains..

How this was discovered.

////////// erica mccloud was the extra-curricular account treasurer at deming elementary school for about five years.

The state says she did *not file the school's 20-19 report.

V} the school corporation asked to meet with her.

She didn't show up.

She resigned this past february.

The school corporation filed a theft report with terre haute police, then contacted the state board of accounts.

The state says receipts were not deposited for book fairs, field trips, and student activities -- to the tune of 20- thousand-334-dollars.

They also want mccloud pay for investigation costs of more than 81-hundred dollars.

The report says internal controls were in place by the school corporation that allowed the detection of irregularities.

However, the report also outlined deficiencies.

The report says ..

Mccloud presented a monthly report to the principal to review and sign... but then... she made changes and generated a new report that was uploaded.

The report also says mccloud failed to pay bills in a timely manner.

And... she didn't deposit text-book fees that she posted.

That's in addition to writing receipts out of order ..

And in some cases, not posting them to the ledger.

We reached out to the school corporation's communications director.

He told us ..

They discovered and reported the discrepancy as the report stated... and that they find the state's audit and findings to be accurate.

Back to you.

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