DOE's high-risk status discussed by senators
The Department of Education has been under high-risk status since 2003, and has had a third-party fiduciary handling its finances since 2010.
February 24, 2015Updated: February 24, 2015
By KUAM News
By KUAM News by Jolene Toves
Guam - The Department of Education has been under high-risk status since 2003, and has had a third-party fiduciary handling its finances since 2010. DOE has made drastic improvements since then, going from being inauditable, with $1.5 million in questionable costs, down to clean audits with only $2,000 in questionable costs.
With substantial progress being made, both the Guam Legislature and DOE met this afternoon to discuss how DOE can transition away from its reliance on the federal government.
DOE superintendent Jon Fernandez said, "We need to agree now that we're making a concerted effort to move in that direction, and we'll hold all of ourselves accountable to what we committed to."
He said although USDOE has not provided clear steps delineating how the transition will take place, he continues to work to get the process going.
Guam - The Department of Education has been under high-risk status since 2003, and has had a third-party fiduciary handling its finances since 2010. DOE has made drastic improvements since then, going from being inauditable, with $1.5 million in questionable costs, down to clean audits with only $2,000 in questionable costs.
With substantial progress being made, both the Guam Legislature and DOE met this afternoon to discuss how DOE can transition away from its reliance on the federal government.
DOE superintendent Jon Fernandez said, "We need to agree now that we're making a concerted effort to move in that direction, and we'll hold all of ourselves accountable to what we committed to."
He said although USDOE has not provided clear steps delineating how the transition will take place, he continues to work to get the process going.