It appears the Hattiesburg School District is going broke or more likely, is already broke. Mississippi Superintendent of Education Carey Wright asked State Auditor Stacey Pickering to immediately investigate the district's finances. The general fund balance plummeted from $6.5 million in 2012 to $768,796 in 2015. The district also obtained a $7 million tax anticipation note in August 2015. The district has already spent $6 million. The HSD Superintendent and business manager resigned in December. Dr. Wright sent this letter to Mr. Pickering:
This picture tells how bad it really is. JPS needs to take lessons:
|Click on image to enlarge. Credit: Hattiesburg Patriot|
Read the rest of the dismal info at this Hattiesburg Patriot post.