Audit of Seattle schools finds trouble with federal grant spending

May 23, 2013 

Audit of Seattle schools finds trouble with federal grant spending

May 23–Seattle Public Schools may have to repay as much as $490,000 to the federal government because state auditors say the district did not spend some of its federal grant money appropriately in the 2011-12 school year. The auditors, in one of their regular audits of the school district, questioned how the district spent funds...…

 SEC charges Pennsylvania city with securities fraud

May 9, 2013 

SEC charges Pennsylvania city with securities fraud

Federal regulators have accused fiscally beleaguered Harrisburg, Pa., of issuing misleading financial statements in what marks the second time just this year that a municipality or state has been charged with securities fraud.