By: Ryan Tate
According to a Risco School District news release, the district discovered, "irregularities and funds missing from District accounts." The investigation identified Murphy as the person responsible for the mismanagement of the district funds and accounts. "[The investigation] is something you don't deal with everyday, but you think about it everyday," Superintendent Stan Templeton said.
According to Templeton, two separate audits were conducted by two independent companies. According to the settlement, Murphy agreed to pay the District $134,802.58, plus another $10,454.43 in accountant legal fees. Templeton says Murphy paid the sum Tuesday. "Being able to recoup this money is going to pay teachers, and provide more resources for the kids and staff," Templeton said.
As for Templeton, he says this experience has taught him some things about running a school district. "I've learned you have to maintain proper safety measures in terms of money. You have to make that a priority," Templeton said.