Audit Finds $119 Million in Questionable Spending at Tennessee Schools

July 27th, 2026· 0:58

A new audit of Memphis-Shelby County Schools has uncovered more than $119 million in questionable costs, including over $54 million in suspected waste, fraud, and abuse, according to Tennessee Comptroller Jason Mumpower. Among the audit's biggest findings is a $48.4 million custodial services contract that was awarded to a single vendor despite recommendations that multiple vendors be selected. The audit, spanning fiscal years 2022 through 2024, raises concerns about financial oversight and states that some findings could ultimately lead to criminal indictments. The report adds to ongoing debates over government accountability, public education spending, and how taxpayer dollars are managed at one of Tennessee's largest school districts. #Tennessee #Memphis #Schools #Audit #Taxpayer #Fraud #GovernmentSpending #Education #BreakingNews #Politics #Waste #PublicSchools #Accountability #ShelbyCounty #News