The Michigan Department of Education has signed off on the Flint School District's deficit elimination plan.

According to MLive, the Department of Education said Tuesday it approved the district's plan to eliminate a nearly $16 million deficit. However, the district must also abide by seven contingencies set by the state. Some of which include the laying off of almost 600 staff, reducing spending and making more spending cuts if necessary.

The Michigan Department of Education also granted the district an additional three years to eliminate the deficit. District officials had previously said it would take until 2016 to get rid of the deficit.