State Auditor Announces Potential Violations Of State Law In Charter School Case
(Santa Fe, NM)—Today, State Auditor Hector Balderas announced the results of a “risk review” conducted by the Office of the State Auditor (OSA) related to the financial affairs of two Albuquerque charter schools, which are state-chartered charter schools under the oversight of the New Mexico Public Education Commission (PEC) and the Public Education Department (PED). The review found potential procurement violations, conflicts of interest and increased fraud risks related to substantial payments of public funds to the private business of Dr. Scott Glasrud, who is the charter schools’ Head Administrator.
Auditor Balderas said, “We must take aggressive measures to protect the State’s significant investment in education. In light of these findings, I am recommending that the charter schools’ boards and state education oversight agencies take immediate action to increase accountability and restore public confidence in the schools’ financial operations.”