FROM KIMT.COM -
One local school district is looking to get a credit card for business purchases. With some recent reports of an employee in the Lake Mills district embezzling funds, those in Riceville are hoping the card will keep staff honest.District leaders are discussing the plan with the school board. It would make it easier for them to purchase products online and keep their tax free status.
Riceville Superintendent, Andy Pattee, says it's also a way to keep good records of what's being purchased.
“Credit cards with the monthly billing cycle and statements you receive, it actually could be a greater value to track expenses and allow you to do that a little more efficiently.”
Recently the business manager at lake mills schools was accused of embezzling school funds.
Riceville's superintendent tells us that's not the main reason why they want the card.
Friday, September 2, 2011
Riceville, Iowa School District Requests Credit Card After Embezzlement Charges
Labels:
iowa,
Milwaukee CPA,
school embezzlement,
Terrence Rice CPA
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