The Flint School Board approved a deficit elimination plan at their meeting on Thursday night.

According to WNEM, Interim Superintendent Larry Watkins said the plan puts the district on track to have a $400,000 budget surplus by the end of fiscal year 2016.

The district is projected to lose hundreds of students in the coming years. The deficit elimination plan calls for the layoffs of nearly 600 personal to reflect the loss of funding by the drop in students.

The plan was approved in a 5-to-1 vote. If approved by the state, there will be periodic checks on the district to ensure they don't deviate from the plan.