July 7, 2024
Finance

MPS Chief Financial Officer resigned same day as superintendent

The same day Milwaukee Public Schools Superintendent reached an agreement with the Board of School Directors to resign his post, the district’s Chief Financial Officer Martha Kreitzman put in her resignation as well, 12 News has learned.According to the resignation form, obtained by 12 News Investigates through Wisconsin’s Open Records Law, Kreitzman signed the document

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Finance

MPS drafts plan to send overdue finance reports to the state

On Thursday, the Wisconsin Department of Public Instruction withheld $16,623,612 in June special education aid from Milwaukee Public Schools, saying the district had yet to turn in key financial data. Some of the missing reports are more than eight months overdue.Earlier this week, the district lost its superintendent and comptroller. Superintendent Dr. Keith Posley resigned

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Finance

MPS committee had prior knowledge of financial reporting ‘weaknesses’

More than a year before the Department of Public Instruction sent a letter to Milwaukee Public Schools Superintendent Dr. Keith Posley, calling out the district for being more than 8 months late on delivering financial reports to the state, an MPS Board committee accepted an independent audit which identified several “material weaknesses” in the district’s

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