Liberty school district out of fiscal emergency

LIBERTY — The Liberty School District is now free to govern its own fiscal operations.

The district has a five-year financial forecast that’s deficit-free. So at a meeting this afternoon at Liberty High School, a state oversight commission that had governed the district’s finances for three years voted to dissolve itself.

“It was a long battle, and there were lives and livelihoods affected, and we were in a dire financial situation,” said Schools Superintendent Stan Watson.

The district went into fiscal emergency in May 2011, shortly after state auditors said its books were unauditable and its treasurer resigned.

For the complete story, read Tuesday's Vindicator and Vindy.com