Results of 2010 Liberty School District audit released Tuesday

LIBERTY — The state auditor’s office Tuesday will release the fiscal year 2010 audit report for Liberty School District, nearly one year after the district scrutiny began.

According to the state auditor’s website, the audit for that year will reveal either findings for recovery or money that was misspent.

In a Feb. 7, 2011, report, the state auditor deemed the district’s finances unauditable due to missing bank statements and a budget that was not being reconciled with the district’s bank.

It gave the district 90 days to revise its financial records and provide necessary data to complete the audit.

In a subsequent letter, the Ohio Department of Education said the district was $2.5 million in debt and in danger of falling into fiscal emergency. The district entered fiscal emergency May 26, 2011.

In April 2011, the district’s treasurer Tracey Obermiyer resigned. Since her resignation, three state auditors have been working on the district’s financial records for fiscal year 2010 and 2011.

Auditors are still examining the school’s 2011 financial records.