Former finance director for Brookfield Public Schools arrested
BROOKFIELD–The former director of finance, technology and operations for the Brookfield Public School District, was arrested Monday morning.
Brookfield Police started the investigation on January 28, 2015 after a complaint was made. On Monday, Art Colley, 57, of Danbury, was charged with larceny in the second degree fordefrauding a public community, and forgery in the third degree for an incident that occurred on February 14, 2014. He was released on a $10,000 bond and is due in court March 20.
Colley resigned from the school district on February 21, 2014 for “personal reasons,” according to a meeting agenda from the district’s Board of Education meeting on February 19, 2014. Under the note about his resignation were two notes–“expenditures over $1,000-January” and “monthly expense report-January.”
On the meeting agenda from February 5, 2014 a motion was recommended for the Board of Education to have an executive session to discuss the performance of the director of finance, technology and operations, which was Art Colley.
At a meeting of the Brookfield board of Finance on February 12, a motion was made to approve a special appropriation for $1,175,520 from the town’s fund balance to make up for unapproved expenditures found in the town audit for the fiscal year that ended June 30, 2013. It is unclear if that is related to the funds spent by Colley.
According to Colley’s LinkedIn account, he has been the vice president of technology operations at Fairfield County Bank in Ridgefield since May 2014.
Fox CT has reached out to the Board of Education and the bank for comment but has not heard back as of Monday evening.