Written by Elizabeth Davis. Posted in News & Weather

The Floyd County Schools have received two checks in the total amount of $1,138,007.06.  The funds were returned from the ongoing investigation into allegations that include several former employees of the school system that have been accused of violating the Georgia Racketeer Influenced and Corrupt Organizations (RICO) Act and other crimes, according to a FCS release.  The investigation opened in October 2014 and has led to the arrests of 13 people, including the school system’s former maintenance director.

Floyd County Police Chief Mark Wallace states, “The RICO case has caused a lot of unneeded dissension in the county, and we’re ready to put it to rest and put it behind us.”

Earlier in this school year, FCS and Johnson Controls announced that they had reached an agreement resolving all disputes between them.  The agreed-upon resolution involved a lump-sum cash payment of $2.3 million to the school system by Johnson Controls, a two-year services contract, a preferred JCI service agreement and a release of any right to funds held by the Floyd County Police Department – resulting in a settlement valued at approximately $2.7 million.

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