Audit finds former Monroe superintendent received extra retirement benefits

(The Center Square) — An independent audit of the Monroe City School District revealed alarming discrepancies regarding the retirement allowances and documentation submitted by the district’s former superintendent.

The audit report, performed by Carr, Riggs & Ingram disclosed that the former superintendent, Dr. Brent Vidrine, had submitted altered and falsified documents related to the purchase of retirement service credits.

This led to the superintendent receiving retirement allowances totaling $141,717.66 from June 2014 to October 2023 — payments that were neither included nor approved in any of his employment contracts.

Under Louisiana law, agency heads are required to notify the legislative auditor and the district attorney immediately if they have knowledge or reason to believe that public funds or assets have been misappropriated.

Vidrine’s actions, which included the submission of falsified documents to secure an additional $20,000 payment and fabricating evidence of $48,184.92 in payments to the state retirement system, could constitute a violation of the law regarding fraud and public funds misappropriation.

- Advertisement -

The audit’s findings raise concerns about compliance with Louisiana’s statutory requirements. As a result, the school district has been advised to implement more stringent policies for handling unique requests in the future.

In response to the audit, the school district has taken corrective action. While the former superintendent entered into a settlement agreement and retired effective on Feb. 8, 2024, the school board successfully recovered the $20,000 in misappropriated funds.

The district also confirmed that Vidrine is no longer employed with the Monroe City School District.

The financial health of the district itself is under scrutiny as well, with the audit reporting a deficit of $179.1 million in total net position. The district’s total assets are reported at $203.5 million, while liabilities stand at $311.4 million.

The Monroe City School District has pledged to continue making necessary corrective actions to ensure that similar instances of noncompliance do not recur in the future.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Charlotte stabbing reignites debates on commuter safety, immigration

(The Center Square) – Charlotte welcomed its new police...

‘South hill rapist’ Kevin Coe dies in Federal Way

(The Center Square) – Kevin Coe, the infamous "South...

Afghans arrested by ICE released into the country by the Biden administration

Federal and local law enforcement officers have been arresting...

Poll: Americans Blame Trump for High Cost of Living

(AURN News) — New data shows the U.S. economy...

Obama-era ‘Welcoming Cities’ program overlaps with illegal border crosser crimes

(The Center Square) – A program launched in partnership...

Tacoma City Council modifies housing initiative to address landlord concerns

(The Center Square) – A proposed ordinance revising the...

Operation Lone Star: Paws and hooves integral to border security

(The Center Square) – Texas law enforcement officers working...

More like this
Related

Charlotte stabbing reignites debates on commuter safety, immigration

(The Center Square) – Charlotte welcomed its new police...

‘South hill rapist’ Kevin Coe dies in Federal Way

(The Center Square) – Kevin Coe, the infamous "South...

Afghans arrested by ICE released into the country by the Biden administration

Federal and local law enforcement officers have been arresting...

CDC Panel Ends Universal Hepatitis B Shots for Newborns, Reversing Decades of Policy

(AURN News) — CDC vaccine advisers voted today to...