Local

August 26, 2014 5:49 PM

Grandview School District mishandled bond projects, state audit says

The audit found that the district failed to carry out an agreement with a Bank Midwest that was supposed to provide services, such as student internships, under one bond program provision that allows for federal tax credits in lieu of cash interest payments. The district also used some $117,000 in bond proceeds to buy uniforms for sports, band and choir — purchases that aren’t allowed under bond program restrictions. There was also a conflict of interest with an underwriter.

Related content

Comments

Videos

More Videos

Kansas City's first food truck hub draws hundreds for grand opening <span class='title-duration'>01:50</span> 01:50

Kansas City's first food truck hub draws hundreds for grand opening 01:50

Stockyards Brewing Co. in West Bottoms retains charm of Golden Ox <span class='title-duration'>01:19</span> 01:19

Stockyards Brewing Co. in West Bottoms retains charm of Golden Ox 01:19

Share Video

Editor's Choice Videos