Alameda County Superintendent of Schools Greenlights Extraordinary Audit
Tri-Valley Learning Corporation to be audited by the Fiscal Crisis Management Team
November 18, 2016, Hayward, CA: Yesterday, the Fiscal Crisis & Management Assistance Team (FCMAT) was contacted to conduct an AB139 Extraordinary Audit of the Tri-Valley Learning Corporation (TVLC).
A visit by the Superintendent of Public Instruction, Tom Torlakson, back in February, highlighted the potential mistreatment of foreign exchange students by employees of TVLC. Since that time, the Livermore Valley Joint Unified School District (LVJUSD) and Alameda County Office of Education (ACOE) have worked together to determine how to best address many TVLC concerns.
As LVJUSD shared evidence of mismanagement and malfeasance with ACOE, plans were set in place to support LVJUSD in their oversight role as the charter school’s authorizer. Over the course of the year, LVJUSD has applied a series of corrective actions to address TVLC’s mismanagement and malfeasance.
When allegations of misappropriation surfaced, ACOE’s legal responsibility was to determine whether there was a reason to believe that fraud, misappropriation of funds, or other illegal fiscal practices had occurred.
As a result of TVLC’s invitation to FCMAT to conduct a fiscal review, suspicious financial transactions were identified and reported to ACOE that appear to constitute fraud or misappropriation.
"After reviewing the evidence presented by my business office staff, I contacted FCMAT to conduct an AB139 Extraordinary Audit", said L. Karen Monroe, Alameda County Superintendent of Schools. Based on the findings of this audit, the Alameda County Office of Education will work with all parties to take action on the identified issues of concern and work toward a swift resolution.