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CCSD superintendent gives update on district's budget shortfall - Live5News.com | Charleston, SC | News, Weather, Sports

CCSD superintendent gives update on district's budget shortfall

Photo Source: AP Photo Source: AP
CHARLESTON COUNTY, SC (WCSC) -

The Charleston County School superintendent gave an update Monday night to the district's budget shortfall.

Last year, the district overspent by $18 million.

Dr. Gerrita Postlewait says as they start digging deep into how that happened, they've discovered a pattern of "living beyond their means." 

Right now, Postlewait says the district is on track to overspend by $12.7 million for this fiscal year and says they're doing everything they can now to cut that number down.

"We want to achieve financial stability as we move forward and we want to do everything we can to earn, or perhaps I should say to earn back to earn back the public trust," Postlewait said.

Postlewait says they're going to continue to be transparent through this process and update the community as they continue investigating the financial crisis. 

The district says so far, they have found no foul play.

A third party forensic audit is going to be done and is on track to be finished by the end of February.

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