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District 150 Financial Files Missing

By: Lori Obert - WMBD/WYZZ TV
Updated: April 28, 2009
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WMBD/WYZZ - PEORIA -- Already facing a financial crisis, District 150 now finds itself in the middle of a police investigation.
 
According to police reports obtained by WMBD, police responded Friday to a report filed by Superintendent Ken Hinton of an internal theft by a known suspect.

"We don't know what all is involved yet but it is a misallocation of funds," Lt. Vince Wieland said.
Wieland says that could mean theft, and or a misuse of funds.  A second police report was filed the same day.

"One report was filed outlining a misuse of funds.  And a second report regarding missing financial records,"  District Spokesperson Stacey Shangraw said.

Reported missing are the 2007-2008 financial files. District officials would not comment on exactly what information those files contain.  Or whether they're from just one school or district-wide. Shangraw says there is no student information contained in the files, or personal information, like social security numbers of employees. 

Lt. Wieland says the investigation is just getting underway. "It's a financial crime and will be investigated to the max we can," Wieland said.

The School Board will meet Monday night in an executive session on a personnel matter. On the agenda is a vote on the early termination of a principal contract.  We don't have any official word it's related to the police reports filed Friday.

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