Report Offers Update on Michigan School Finances - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Report Offers Update on Michigan School Finances


LANSING, Mich. (AP) - A state report says 11 of the 49 Michigan school districts with budget deficits are expect to end the budget year in the black. and The Detroit News report that the quarterly report to the Legislature from state Education Superintendent Mike Flanagan says 13 of the districts have seen deficits grow.
Flanagan recently updated lawmakers on the financial state of districts that had year-end deficits in 2012 and progress in reducing the shortfalls during the 2012-13 year.
Overall, Michigan has seen an increase in the number of school districts with deficits. In 2001, 18 of the state's 549 districts and 256 charters had deficits.
Districts unable to resolve their deficits can be placed under the control of a state-appointed emergency financial manager.

Powered by WorldNow

2820 East Saginaw Street,
Lansing, MI  48912

Telephone: 517.372.8282
Fax: 517.372.1507

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Lansing, Inc. A Media General Company.