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DocuSign Envelope ID:93E8DFEA-2589-4FBB-AD00-88DACE83A85D <br /> Grady A. Brown Elementary <br /> Grady A. Brown Elementary Budget Statement <br /> In an effort to be transparent with funders and potential funders,the Grady A. Brown Elementary <br /> PTA would like to make the Orange County Arts Commission aware of a situation that occurred <br /> during the 2014-2015 school year.The PTA was notified by the bank in January 2015 that a PTA <br /> account was in the negative,and after an audit by Orange County Schools and thorough <br /> investigation by police it was determined that the PTA President(allegedly)embezzled all of the <br /> funds for personal use.This left the PTA with a.negative balance and an inability to fund programs <br /> and events that had already been planned for this school year_At this point,the PTA president was <br /> removed from the board,and the vice president took over as president. The board immediately put <br /> into place an even stricter checks and balances system, including the creation of an "auditor" <br /> position,to ensure this type of situation will not occur again. <br /> The PTA immediately came together to brainstorm fundraising ideas so that the planned programs <br /> could still take place.We are proud to report that as a result of three fundraisers (Cougar Cares, <br /> Penny Wars and the Spring Bazaar)and overwhelming support from the community we were able <br /> to generate enough money to keep the original budget intact and fund the programs planned for <br /> this year.We feel the Grady A. Brown Elementary PTA is stronger than ever and are excited about <br /> the future as we move forward. <br />