The City of Leesburg has been informed by the Board of Directors of the Leesburg Center for the Arts that there may have been financial irregularities occurring in the management of their organization.
As a result, the Leesburg Center for the Arts Board has requested that the Lake County Sheriff’s Office open an initial investigation into this matter. Because of the financial contributions from the City of Leesburg to the Leesburg Center for the Arts, which include grants and other public funds, the city will be engaging the audit team at MSL CPAs & Advisors to review Leesburg Center for the Arts’s financial information.
The Leesburg Center for the Arts Board is cooperating with the city to openly review their financial records, Leesburg officials said in a news release issued Monday.
“Should this audit find irregularities or improprieties, the City and the LCFA Board will provide such information to the proper authority,” the news release said.
The Leesburg Center for the Arts was founded in 2000. It is headquartered at 429 W. Magnolia St.