Latest news with #KeithPosley
Yahoo
17-05-2025
- Business
- Yahoo
MPS financial data, school district misses another state deadline
The Brief MPS will miss another deadline to submit financial data to the state. Wisconsin requires school districts to turn in financial documents. Fallout began last May when DPI publicly revealed the school district's backlog. MILWAUKEE - Milwaukee Public Schools will miss another deadline to submit financial data to the state Department of Public Instruction, a spokesperson said on Friday, May 16. In a statement, the state's largest school district said it is communicating with DPI and uploading data but "will not complete everything" by Friday's initial deadline. MPS said its priority is "getting this done right and with the urgency it requires." FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android The backstory Wisconsin requires school districts to turn in financial documents and audited numbers. DPI publicly revealed that MPS sent it a backlog of financial documents last May. There was a lot of fallout at that time, including the resignation of then-superintendent Keith Posley, heated public meetings, threats of millions of dollars of aid being withheld, and the state ordering an audit. In January, MPS was already more than a year late in turning in financial documents from 2023. MPS missed another deadline to report financial data at that time; some paperwork was more than a year late. That delay led to new delays. SIGN UP TODAY: Get daily headlines, breaking news emails from FOX6 News MPS agreed to a corrective action plan with DPI last June and set due dates for things like its 2023 annual report. The new plan showed the district finished its 2023 audit this January, and the gap in reports was closing. The fiscal year 2024 audit was due in December. The new plan showed it would be due this May. What they're saying Full MPS statement: "Milwaukee Public Schools is committed to providing DPI with accurate and complete financial data. While we have communicated to DPI that we continue to upload data to them, we will not complete everything by today's initial deadline. Our priority is getting this done right and with the urgency it requires. The data set is large and complex, and our team is working to clean up historical records to ensure accuracy. Superintendent Cassellius has made clear to her team that the priority is to deliver the final audited information with transparency and integrity. We will continue to communicate with DPI regularly on our progress." The Source Information in this report is from Milwaukee Public Schools and prior FOX6 News coverage of the district's financial reports.
Yahoo
31-01-2025
- Business
- Yahoo
MPS misses financial reporting deadlines again, closing some gaps
The Brief Milwaukee Public School continues to miss its financial reporting deadlines, but is making some progress. Those deadlines for reports and audited numbers kept getting pushed back. MPS says it has hired financial staff, including both a chief financial officer and a comptroller to help address the situation, and is working with DPI. MILWAUKEE - Milwaukee Public Schools misses its deadlines for financial reporting, yet again. Some of the paperwork is more than a year late, and that delay is leading to new delays. It involves your tax money and state oversight. Wisconsin requires districts to turn in financial documents and audited numbers. SIGN UP TODAY: Get daily headlines, breaking news emails from FOX6 News Milwaukee has missed deadline after deadline. But it's also closing some gaps. Now in 2025, Milwaukee Public Schools is more than a year late turning in 2023 financial documents to the state. "Families and taxpayers of Milwaukee deserve better," said Colleston Morgan, Jr. from City Forward Collective. "This is now a year plus into this financial mess. They've made some progress, but there's still a lot more work to be done. And I think we all just want to know when is MPS going to get its act together and steward the billion dollars in taxpayer resources that they've been given?" The backstory In May 2024, the Wisconsin Department of Public Instruction publicly revealed that MPS send it a backlog of financial documents. There was a lot of fallout, including MPS Superintendent Keith Posley's resignation, heated public meetings, threats of millions of dollars of aid being withheld, and the state ordering an audit. Then, in June, MPS agreed to a corrective action plan with DPI. It set due dates for lots of things like the 2023 annual report. It was due in September 2023. "No money was missing or misspent – instead the issues were a combination of software, staffing and training issues," said MPS Interim Superintendent Eduardo Galvan in October. The corrective action plan between DPI and MPS set the new date of Sep. 30, 2024. Back in October, Galvan said all 2023 financial data should be turned in by Thanksgiving 2024. "They repeatedly indicated to us under intense and escalating questioning that they would be able to submit their fiscal 23 reports this year," State Superintendent Jill Underly said back in October. But the dates in the new Corrective Action Plan 2 don't mention the 2024 due date. Instead, it reveals a new date of Jan. 31, 2025. The district is getting up to speed. It has hired financial staff, including both a chief financial officer and a comptroller. The new plan shows the district finished its 2023 audit this January, and the gap is closing. The fiscal year 2024 audit was due in December. The new plan shows it's now due in May. FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android What's next FOX6 asked for an interview with MPS. The school board is meeting Thursday, Jan. 30, to talk about the new corrective plan. A DPI spokesman tells FOX6 this new plan is a step forward, and the department is hopeful it will put MPS on a solid path moving forward. FOX6 was also told that the district and the state have been meeting several times a week for months. The Source FOX6 produced this story, and has previously reported on the financial reporting situation at Milwaukee Public Schools.
