SPARTANBURG Co., SC (WSPA) – An investigation is underway into a financial discrepancy of more than $1 million at Spartanburg School District One.
SLED confirmed the agency is looking into allegations involving finances at the school district.
No other information about the investigation was released by the law enforcement agency.
At a news conference on Thursday, Spartanburg School District One Superintendent Ron Garner said three payments were made to a financial company in Utah between 2013 and 2015.
The school district worked with the company, Tetra Financial Group, on a lease purchase agreement in 2008. But it’s unclear why those more recent payments were made.
Garner contacted SLED on Nov. 15 when the discrepancies were brought to light.
Garner says they discovered three payments of $355,000 each were not properly documented in their financial records.
Those payments were made in 2013, 2014 and 2015.
“I want to assure our teachers, our staff, our students, our community that we’re going to work hard, figure this out and move on,” Garner said. “The only way I know how to do it is to tell the truth.”
Click below to watch the news conference: