Muncie Schools Financial Officer Resigns As State Takeover Begins

Now under full state control, it’s a time of transition at Muncie Community Schools.  The school board has a new member for 2018 and the district will soon be tasked with finding a new superintendent.  But this week, MCS also learned it will need to find a new chief financial officer.  IPR’s Tony Sandleben reports.

As one of his first acts as MCS’s emergency manager with full control, Steve Edwards approved the resignation of Chief Financial Officer Bob Coddington at Tuesday’s school board meeting.

Coddington declined to be interviewed about his resignation beyond giving his required financial presentations.

“It’s time for different leadership. I think Muncie is going to be just fine.”

But Edwards could not let him go without recognition.

“We really could not have done this without working hand in hand with Mr. Coddington, and we have appreciated his humor, his candor, and working with Mr. Coddington.”

According to his resignation letter, Coddington’s final day as CFO will be February 1. And he says he will help the district oversee a transition to a new CFO, saying he wants to make sure the next person will understand why the district made the financial moves that it did during his tenure.

Edwards says the district will begin looking for candidates immediately.