PRESS RELEASE - April 20, 2004
Secretary of Education Returns
Finance Authority To Vaughn Board of Education
(Santa Fe, NM)--The Vaughn Municipal Schools Board of Education is once again approved to direct the district's financial activities. Secretary of Education Dr. Veronica C. García announced today that she has returned "board of finance authority" to the district.
“On the basis of what has already been accomplished, I fully expect to see continuous improvement in the Vaughn Municipal School District’s financial operations. I applaud the district superintendent and board of education for their efforts. We know that it takes extremely hard work and commitment to make significant change. I encourage the school community to remain focused on continuing to improve.
“Return of the board of finance authority of the Vaughn Board of Education will not diminish the department’s interest in the district’s financial activities,” said Secretary Dr. García. The district will continue to submit all financial reports, including bank reconciliations, on a monthly basis to the Public Education Department (PED).
On March 22, 2001, Michael J. Davis, then the superintendent of public instruction, removed board of finance authority from the school district when it was determined that the district’s financial management was in disarray. Since that time, the PED has functioned as the district’s board of finance, with the Vaughn board continuing to exercise its statutory policymaking and employment duties.
“It is my belief that the improvement in district financial
operations is a result of cooperative efforts by Public Education Department
and district business office staff over the past three years. Continued
progress will require a unified effort by the current local board of
education and head administrator to follow through in continued professional
development of school finance.