Montclair School Board Engages EisnerAmper for Forensic Audit Amid $19.6M Deficit
The Montclair School Board has authorized up to $250,000 for EisnerAmper, a nationally recognized firm, to conduct a forensic audit to investigate the causes of the district's $19.6 million deficit. This decision follows a history of financial disorganization within the district, which has led to mass layoffs and a school funding referendum. EisnerAmper, known for its investigative audits in various school districts, submitted a comprehensive proposal to apply forensic discipline to the district's financial records, including payroll, food service, and transportation. The board's decision comes after reducing the initial audit budget from $500,000 to $250,000, reflecting concerns over costs and the district's financial constraints.