State audit reveals problems in Bearden Middle accounting

State audit reveals problems in Bearden Middle cheerleading accounting practices

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KNOXVILLE (WATE) - A state audit of accounting practices for funds at Bearden Middle School has prompted recommendations by Knox County Schools officials to correct deficiencies.

The audit released Wednesday morning by the state Comptroller of the Treasury's investigations division found no mismanagement or misappropriation of any cheerleading squad money, but said proper procedures were not followed.

Five findings were noted in the audit.

One problem found in the audit was how the squad's sponsor, Jacqueline "Noelle" Money, failed to properly track money collected for tryout and mini-camp fees in 2010 and 2011.

The audit also showed that Money held onto cash to pay for various cheerleader-related
expenses, such as cheer camp supplies and snacks, when the funds should have been turned over to the school's bookkeeper. 

The former bookkeeper was blamed for improperly recording some of the cheerleader collections in the school's accounting records.

A Knox County Board of Education policy prohibiting teachers from receiving money for private tutoring of children they supervise was violated by the cheerleading sponsor.

Auditors called for Knox County Schools Superintendent Dr. Jim McIntyre and board members to make sure administrators correct any unresolved deficiencies.

Money is no longer the Bearden cheerleader squad sponsor.

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