The Missouri state auditor’s office released a report Tuesday stating that St. Louis Public Schools is spiraling toward bankruptcy if steps to control spending are not taken immediately.
The first of two reports states that the St. Louis Board of Education failed to provide proper oversight of the district and its leadership, which could cause the district to run out of funds during the 2030-31 school year.
State Auditor Scott Fitzpatrick launched the audit last summer after the school board placed the district’s former superintendent, Keisha Scarlett, on leave for offering high-paying salaries to district leadership without board approval.
The board has maintained that the financial mismanagement was led by Scarlett, but Fitzpatrick said the school board “was asleep at the wheel and al