{"id":2442480,"date":"2019-04-03T00:00:00","date_gmt":"2019-04-03T06:00:00","guid":{"rendered":"https:\/\/www.aspentimes.com\/?p=302979"},"modified":"2019-04-03T00:00:00","modified_gmt":"2019-04-03T06:00:00","slug":"aspen-school-district-cfo-resigns","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kspn\/local-news\/aspen-school-district-cfo-resigns\/","title":{"rendered":"Aspen School District CFO resigns"},"content":{"rendered":"<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"413\" src=\"https:\/\/cdn.aspentimes.com\/wp-content\/uploads\/sites\/5\/2019\/03\/asdsecurity-atd-100917-1.jpg\" class=\"attachment-large size-large wp-post-image\" alt srcset=\"https:\/\/cdn.aspentimes.com\/wp-content\/uploads\/sites\/5\/2019\/03\/asdsecurity-atd-100917-1.jpg 620w, https:\/\/cdn.aspentimes.com\/wp-content\/uploads\/sites\/5\/2019\/03\/asdsecurity-atd-100917-1-300x200.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\"><figcaption><strong>A new prescreening system for visitors launches today at Aspen Elementary School.<\/strong><br \/>Anna Stonehouse\/The Aspen Times<\/figcaption><\/figure>\n<p class=\"STND-STND BodyText\">The Aspen School District and its chief financial officer of nearly 11 years have split ways.<\/p>\n<p class=\"STND-STND BodyText\">CFO Kate Fuentes tendered her resignation to the district March 18 with it taking effect March 31, Superintendent John Maloy confirmed Tuesday.<\/p>\n<p class=\"STND-STND BodyText\">Citing confidential personnel matters, Maloy declined to say whether the district asked Fuentes to resign as an alternative to termination, nor would he say if her exit was related to job-performance issues. Fuentes did not respond to a telephone message seeking comment Tuesday.<\/p>\n<p class=\"STND-STND BodyText\">Fuentes most recently drew an annual salary of $145,803, according to Maloy.<\/p>\n<p class=\"STND-STND BodyText\">An email from Board of Education President Dwayne Romero, which was exchanged among him, board Vice President Susan Marolt and a reader seeking information about the resignation earlier this month, said the school\u2019s financial advisory board postponed its meeting scheduled for Tuesday until April 17.<\/p>\n<p class=\"STND-STND BodyText\">\u201cThe (financial advisory) board has its next meeting scheduled for April 17,\u201d Romero\u2019s email said. \u201cIt was previously scheduled for April 2, but with Kate\u2019s resignation the meeting has been pushed back in order to allow for an interim transition to occur.\u201d<\/p>\n<p class=\"STND-STND BodyText\">With Fuentes gone, the school district has four key job openings \u2014 CFO, human resources director and the head principals at Aspen Middle School and Aspen Community School, among other vacancies.<\/p>\n<p class=\"STND-STND BodyText\">Principals Craig Rogers and Jim Gilchrist of AMS and ACS, respectively, are leaving their posts at the end of the academic year.<\/p>\n<p class=\"STND-STND BodyText\">While Maloy declined comment about the nature of her departure, Fuentes\u2019 job performance attracted the school district\u2019s scrutiny after she failed to file a deed of trust regarding a $30,000 home loan that then-HR director Elizabeth Hodges received from the district in March 2017.<\/p>\n<p class=\"STND-STND BodyText\">Hodges declared personal bankruptcy in February 2018 in the wake of a Missouri court\u2019s $1.1 million judgment against her. That judgment was the result of a lawsuit the couple\u2019s survivors filed against Hodges over her estate planning when she practiced law in Missouri. The state disbarred her in April 2018, and following the school district\u2019s renewed background check into Hodges last fall, <a id=\"N0x116c710N0xf9d630:N0x116c710N0x10f7af0\" href=\"https:\/\/www.aspentimes.com\/trending\/aspen-school-district-hr-director-split-ways\/\">she resigned in January.<\/a><\/p>\n<p class=\"STND-STND BodyText\">Because the district failed to file a deed of trust on the Hodges\u2019 loan with the Garfield Clerk and Recorder\u2019s Office (Hodges\u2019 home is in Garfield County), the bankruptcy court cannot give it priority status for repayment because the loan is considered unsecured.<\/p>\n<p class=\"STND-STND BodyText\">The school district learned <a id=\"N0x116c710N0xf9d690:N0x116c710N0x10f7c58\" href=\"https:\/\/www.aspentimes.com\/news\/aspen-school-district-loan-for-30k-tied-up-in-bankruptcy-court\/\">about the oversight in November<\/a> as part of its examination into Hodges\u2019 background. Maloy told The Aspen Times last month that the district\u2019s financial department and CFO bore the responsibility of filing the deed of trust.<\/p>\n<p class=\"STND-STND BodyText\">Fuentes had been the district\u2019s CFO since July 2008, previously working 13 years as controller and human resources manager at Sport Obermeyer in Aspen.<\/p>\n<p class=\"STND-STND BodyText Tagline\"><a href=\"mailto:rcarroll@aspentimes.com\">rcarroll@aspentimes.com<\/a><\/p>\n<p><a href=\"https:\/\/www.aspentimes.com\/news\/local\/aspen-school-district-cfo-resigns\/\" target=\"_blank\" rel=\"noopener noreferrer\">via:: The Aspen Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new prescreening system for visitors launches today at Aspen Elementary School.Anna Stonehouse\/The Aspen Times The Aspen School District and its chief financial officer of nearly 11 years have split ways. CFO Kate Fuentes tendered her resignation to the district March 18 with it taking effect March 31, Superintendent John Maloy confirmed Tuesday. Citing confidential [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-2442480","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-16 04:20:25","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSPN The Valley&#039;s Quality Rock","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kspn","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts\/2442480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/comments?post=2442480"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts\/2442480\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/media?parent=2442480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/categories?post=2442480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/tags?post=2442480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}