Auditor: EASD lost $1.3 million last year

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Published: Feb 26 2013 07:00:00 PM EST   Updated On: Feb 27 2013 06:13:45 PM EST
EASTON, Pa. -

A new report says a Lehigh Valley School District lost more than a million dollars last year.

At an Easton School Board meeting Tuesday night, an independent auditor presented a report for the fiscal year ending in June.

It showed that the district lost money over the year.

The auditor says expenses exceeded revenues by $1.3 million.

The district is getting a portion of that money back.

The Career Institute of Technology announced says it will return more than $125,000 in unspent revenue to the district.