CO School Officials Hid Money From Public
Pled poverty and cut programs
Hours of secretly recorded conversations obtained exclusively by FOX31 Denver News indicate school officials in the Adams 12 Five Star School District may have been intentionally hiding tens of millions of dollars in retirement benefit payments from the public.
"We did not want the public at large to know that we have these big stipends that people get when they exit the system," said Superintendent Chris Gdowski. "We did try to bury it," replied Chief Human Resources Officer Mark Hinson. "The way it has been shown is…off the budget," said financial consultant Vody Herrmann.
That exchange was caught on tape by the school district's internal auditor Gina Holub back in September.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?