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Report: CKSD overspent capital projects budget
The states annual audit of the Central Kitsap School District issued late last month unveiled a $1.5 million excess expenditure in the capital projects budget for last fiscal year. But it was CKSD itself which reported the discrepancy to the state Auditors office ahead of time.
Originally the capital projects budget for the 2004-05 school year was $9.6 million but during the week of Oct. 3, 2005, the district discovered it had spent $11.1 million on capital projects. The unplanned money was spent on two projects, which the school board had approved in December 2004 for the Wide Area Network (WAN) room and in February, March and April last year for the Cottonwood Elementary School improvements project.
Those additional funds, however, should also have been presented in a formal budget extension by July 31, 2005.
When we were closing down our books last year we discovered that we should have filed that extension, said Greg Lynch, CKSD superintendent.
He called the failure to file an extension last spring total oversight on our