|See the 56 Michigan school districts with budget deficits|
By: Brian Smith
|September 13, 2013|
|State Superintendent Mike Flanagan told members of the Michigan Legislature on Thursday that 56 school districts are in budget deficits.
Here is the complete list, based on unaudited figures from the school districts:
Athens Area Schools, $36,977 fund balance
Ashley Community Schools, $161,185 deficit, 6.41 percent of revenue
Bedford Public Schools, $1,047,105 deficit, 2.76 percent of revenues
Aisha Shule/DuBois Preparatory Academy, $351,251 deficit, 28.76 percent of revenues
Audited figures for all Michigan school districts and charter schools are due by mid-November.
The report also includes a new category specifically for Ypsilanti Community Schools, which was created by the merger of Ypsilanti and Willow Run schools. That district has a deficit of $11.2 million dollars, but the district was approved by the Michigan Finance Authority to issue $18.6 million in 10-year bonds that will retire the district's debt.
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