Adams 14 school district on Thursday released the results of a financial report it conducted last year after concerns that its state-ordered manager was having the district pay subcontractors to do work the company was already paid to do.
The report — which examined contracts with eight vendors totaling $495,486.18 — has been at the center of the dispute between Adams 14 and MGT Consulting. Members of the Colorado State Board of Education have said that without the results of the financial audit they can’t determine whether the district had cause to end its partnership with the company earlier this year.
The report does not provide an opinion on the contracts it examined, including whether any laws were violated. School board President Ramona Lewis also said the 17th Judicial District Attorney’s Office declined to pursue criminal charges. The district gave the report to the district attorney’s office after it was completed.
The forensic accounting report was completed on Nov. 12 by Eide Bailly and examined contracts and payments made between July 2018 and August 2021.
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