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    David Richey was recently sworn in as a Trustee on the Shawnee State University Board of Trustees. Richey was appointed by Ohio Governor Mike DeWine earlier this year. “It is an honor and privilege to be appointed to serve on the Shawnee State University Board of Trustees,” said Richey. “Shawnee State was very good to me as a student and I look forward to giving back and collaborating with this outstanding group of leaders as we move Shawnee State forward.” Richey is the executive vice president and chief financial officer of First State Bank in Winchester, Ohio. He became a certified public accountant and a certified community bank compliance officer in 2004. He started his career as an internal auditor for First State Bank before transitioning to his current role. As the executive vice president and chief financial officer, Richey oversees the accounting and finance functions of the bank as well as the bank’s investment portfolio. He is a member of the First State Bank Board of Directors and serves on several local boards in his community. Richey received his...
    NEW YORK (AP) — A former New York state judge was sentenced Wednesday to a year and three months in prison after her conviction for obstructing a probe into financial wrongdoing at a credit union that provides banking services to tens of thousands of New York City employees, including police and firefighters. Ex-State Supreme Court Justice Sylvia Ash, 64, was sentenced by Judge Lewis A. Kaplan in Manhattan after her December conviction on charges of conspiracy, obstruction of justice and making a false statement to a federal agent in an investigation of the Municipal Credit Union. “These crimes struck at the heart of the criminal justice system,” Kaplan said of a judge who stepped down from her judicial position only last month. The judge said Ash, born in London, impressively rose from modest origins to “one of the most important judicial positions in the state.” “But you lost it all,” he said, citing her “dishonest, corrupt and frankly outrageous actions.” Before the sentence was announced, Ash said she felt “remorse, shame and embarrassment” after she “disappointed so many.” She said...
    DENVER (AP) – Former Colorado Gov. Bill Owens has resigned as chairman of the supervisory board of one of Russia’s largest banks, Credit Bank of Moscow, an institution that is investor-owned. The Colorado Sun reports that Owens decided to resign after Russia invaded Ukraine last week. Former Gov. Bill Owens (credit: CBS) He informed his colleagues on the board before formally giving notice on Sunday. Credit Bank of Moscow is not state-owned but is among 13 Russian financial institutions barred by the Biden administration from issuing shares and debt in the U.S. Russian state-owned financial institutions have been slapped with more severe sanctions. Owens was the last Republican governor in Colorado, serving from 1999 to 2007. (© Copyright 2022 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
    No one likes to lose their convenient neighborhood schools. But when money is tight, the quality of education inside classrooms is more important than how close they are to home. That’s why Oakland parents and school board trustees should consider the seriousness of the district’s financial mess and set an example for kids by supporting responsible fiscal management — which includes closing costly and inefficient small schools. On Tuesday, the school board will consider closing over the next two years eight of the district’s 80 schools, merging four and eliminating grades 6-8 at two elementary schools. It’s about time. Opponents argue that school closures will prompt a student exodus. In fact, parents who can afford it have been pulling their kids out of Oakland schools for decades, not because of the distance to neighborhood campuses but because of the substandard quality of education. After 20 years of reckless spending, the district is at a crossroads: Trustees must choose between quality education or perpetuating a system of underutilized schools. They can’t have both. There isn’t enough money. Alameda County Superintendent of...
    The Oakland Unified School District has done so little to stave off its enormous looming budget deficit that the Alameda County Office of Education can intervene, state officials have concluded. Alameda County Superintendent of Schools L.K. Monroe had warned Oakland school board members last month she was concerned about the district’s reliance on one-time revenues to stay afloat instead of making the deep funding cuts needed. The school district is facing declining enrollment yet has failed to take any steps such as reducing staff levels or adopting a long-term financial plan, Monroe’s letter to the board explained. The school district needs to cut about $90 million, according to Monroe. Her letter ordered the district to hand over its “Board-approved, budget-balancing solutions” by Jan. 31, 2022 and noted the county will review its financial controls. “Because the District has yet to develop budget balancing solutions that do not rely on one-time funding solutions, and because there is an increased level of fiscal solvency uncertainty, ACOE will now provide more intensive intervention and support to the District,” Monroe wrote. In response, the...
    (CNN)Broward and Alachua counties in Florida are moving forward with mask mandates for their public school systems despite financial penalties from the state of Florida for not allowing parents to opt out of the requirement, in defiance of an order by Gov. Ron DeSantis. Florida Education Commissioner Richard Corcoran on Monday announced that the state's education department had begun withholding funds from the two counties because of their mask requirements. Statements from the counties' school superintendents Tuesday showed that the districts aren't backing away from the mandate. "I'm very troubled by the state's action. Our School Board members made a courageous decision to protect the health and lives of students, staff and the people of this community, and a court has already ruled they had the legal right to do so. They deserve praise, not penalties," Alachua County Public Schools Superintendent Carlee Simon said in a statement. "We have already begun working with our colleagues in other districts to take legal action. We believe this is a necessary step to ensure that Florida's districts have the right to act in...
    TALLAHASSEE (CBSMiami) – Florida’s State Board of Education has given Broward and Alachua county school districts 48 hours to comply with the state statute and rule on mask mandates or else face a financial penalty. In a statement, it said, ” School board members of districts have willingly and knowingly violated the rights of parents by denying them the option to make health care decisions for their children – a blatant violation of the Parents’ Bill of Rights, which Governor DeSantis signed into law on June 29, 2021.” READ MORE: Florida Parents Jailed After Infant Son Drowns In Everglades Wreck The rule requires public schools to “allow for a parent or legal guardian of the student to opt-out the student from wearing a face covering or mask.” READ MORE: Mega Job Fair Next Week In Sunrise, Companies Looking To Fill 5,000 Positions “We cannot have government officials pick and choose what laws they want to follow,” said Commissioner of Education Corcoran. “These are the initial consequences to their intentional refusal to follow state law and state rule to purposefully and...
    TALLAHASSEE (CBSMiami) – The Office of Gov. Ron DeSantis announced that the Florida Board of Education could withhold the salaries of superintendents and school board members who defy the governor’s executive order prohibiting mask mandates. Here is the statement released to CBS4: “With respect to enforcing any financial consequences for noncompliance of state law regarding these rules and ultimately the rights of parents to make decisions about their children’s education and health care decisions, it would be the goal of the State Board of Education to narrowly tailor any financial consequences to the offense committed. For example, the State Board of Education could move to withhold the salary of the district superintendent or school board members, as a narrowly tailored means to address the decision-makers who led to the violation of law. “Education funding is intended to benefit students first and foremost, not systems. The Governor’s priorities are protecting parents’ rights and ensuring that every student has access to a high-quality education that meets their unique needs.”
    Kentucky State University President M. Christopher Brown II's resignation was accepted Tuesday by the college's board of regents amid multiple lawsuits and a financial audit of the school.  The board tapped Clara Ross Stamps, who is currently KSU's senior vice president for brand identity and university relations, to be the acting president.  UNIVERSITY OF ALABAMA IN HUNTSVILLE SUED FOR ALLEGEDLY VIOLATING STATE'S ‘CAMPUS FREE SPEECH ACT’ "As the Kentucky State University community comes together, with a renewed appreciation for our collegiate campus atmosphere and a commitment to our core mission and values, I am humbled and energized by the opportunity to serve our students and community following what has certainly been a time of unprecedented change," Stamps said in a statement Tuesday.  M. Christopher Brown II resigned as President of Kentucky State University on Tuesday.  (Kentucky State University ) Brown's resignation came during a special meeting Tuesday, when the Board discussed "Pending Litigation" and "Individual Personnel Matters" in a closed session. The board also approved the hiring of an auditor to review the financial status of the historically Black...
    TALLAHASSEE (CBSMiami/NSF) – State colleges will have to provide financial workshops as part of a law taking effect July 1 that will allow student athletes to profit from their names, images and likenesses. Largely mirroring a proposal that will go before the state university system’s Board of Governors this month, the State Board of Education approved a set of rules Thursday to carry out the law. READ MORE: No Known Motive, Relationship In Royal Palm Beach Publix Shooting That Left 3 Dead, Including Toddler The Board of Education oversees state colleges, while the Board of Governors oversees state universities. Under the plan, the 28 schools in the Florida College System – 24 provide intercollegiate sports through the National Junior College Athletic Association – can’t prevent or restrict student athletes from earning compensation for the use of names, images or likenesses. “They (state colleges) also cannot provide compensation themselves, nor can any of their associations or organizations such as boosters or foundations. That can only be done through a third party,” Florida College System Chancellor Kathryn Hebda said. “And the statute...
    The gun-rights group is left to face a New York state lawsuit that accuses it of financial abuses and aims to put it out of business. A federal judge on Tuesday dismissed the National Rifle Association's bankruptcy case, leaving the powerful gun-rights group to face a New York state lawsuit that accuses it of financial abuses and aims to put it out of business. The case was over whether the NRA should be allowed to incorporate in Texas instead of New York, where the state is suing in an effort to disband the group. Though headquartered in Virginia, the NRA was chartered as a nonprofit in New York in 1871 and is incorporated in the state. Judge Harlin Hale said in a written order that he was dismissing the case because he found the bankruptcy was not filed in good faith. "The Court believes the NRA's purpose in filing bankruptcy is less like a traditional bankruptcy case in which a debtor is faced with financial difficulties or a judgment that...
    All in-state and most out-of-state students at University of Massachusetts campuses will have their tuition frozen during the upcoming academic year. On Wednesday, April 14, the UMass Board of Trustees voted to approve President Marty Meehan’s proposal, which will mark the second-straight year that tuition and mandatory fees for in-state undergraduate and graduate students were frozen. “We recognize the very real challenges that our students and their families continue to face due to the pandemic and we are committed to doing everything within our control to lessen the burden while also preserving the quality of a UMass education,” Meehan said in a statement. All four campuses - Amherst, Boston, Dartmouth, and Lowell - will have tuition rates that remain unchanged for in-state students. Out-of-state students will also have their tuition rates frozen on each campus besides Amherst. 
“That is also why we have prioritized setting our tuition rates earlier this year, so that we can provide some predictability to our students and families during an otherwise unpredictable year," Meehan added. According to school officials, “the net price of a UMass education...
    By SUSAN MONTOYA BRYAN, Associated Press ALBUQUERQUE, N.M. (AP) — An audit made public Tuesday that was part of an investigation into the conduct of Spaceport America’s former chief executive details what officials call a severe breakdown of internal controls that resulted in possible taxpayer funding waste and abuse. The report was released by the state auditor’s office after it was prepared by an independent forensic accounting and finalized in early November. “People in positions of power more easily have the opportunity to misuse and abuse their authority," State Auditor Brian Colón said in a statement. "It is crucial we hold people in power accountable. The tone at the top must be transparent and committed to honesty, integrity, and accountability.” Dan Hicks, who was appointed by spaceport authority board members in 2016 to lead Spaceport America, was placed on administrative leave earlier this year after former financial officer Zach De Gregorio accused him of circumventing internal financial controls and accounting procedures. De Gregorio later resigned, and Hicks was eventually fired. Hick has declined to comment on the allegations, citing the...
    US Treasury Secretary Steve Mnuchin said Monday a state control board should take over New York City’s shaky finances amid a stalemate between the White House and congressional Democrats over a new COVID-19 stimulus package. Mnuchin, one of President Trump’s top negotiators in crafting the latest pandemic rescue package, said on CNBC’s Squawk Box, “Look, I understand New York has problems and, you know, I wish they didn’t have financial problems. “I think that perhaps the state should put in a financial control board over the city because the city is really going in the wrong direction and it reminds me of the 70s. I want to see New York City succeed.” Mnuchin, a native New Yorker, was referring to the state Financial Control Board created in the 1970s to prevent the city government from going into bankruptcy. The board took over some budgetary decisions from City Hall at the time to control spending. Mnuchin may have read Post columnist Nicole Gelinas’ column posted Sunday, which pointed out the financial control board is now mostly toothless after revisions in...
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