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Grayson County School system under investigation for allegedly mismanaging funds

Grayson County given ultimatum by board of supervisors in exchange for help with budget back in June.
Grayson County given ultimatum by board of supervisors in exchange for help with budget back in June. (Copyright by WSLS - All rights reserved)

GRAYSON COUNTY (WSLS 10) - The Grayson County School system is under investigation after it fell nearly $1 million short without warning last fiscal year.

Grayson County Commonwealth's Attorney Douglas Vaught said he's been consulted regarding the allegations following rumors that have been circulating in the community.

He is asking the Office of the County Administrator and the Board of Supervisors to communicate directly with him regarding allegations and inquiries about this matter. He is also asking those departments to refrain from comment on what kind of inquiry is being conducted at this time.

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In a letter to the media, Vaught said there have been various news stories and comments made in public meetings questioning financial records and accounting for budgeted and non-budgeted funds.

Vaught said his office is aware of those comments and questions, and says he's open to receiving additional information from any credible source which could be seen as improper use of public funds. Vaught said his office's interest is "not in gossip or speculation, but legitimate questionable use of public funds."

Vaught stated in his letter his office would not engage in speculation concerning action until they have the facts.

The commonwealth's attorney is asking anyone with information on this matter to call or email his office (276) 773-2421 or graysoncommonwealth@gmail.com.