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budget deficit

budget deficit

courtesy Flint School District
courtesy Flint School District
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Flint School District Offered $400,000 for Shuttered Elementary School

The Flint School District has been offered $400,000 for the shuttered Bryant Elementary building. However, according to MLive, the Board of Education says they need more time to make the decision

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courtesy Flint School District
courtesy Flint School District
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Flint School Board Approves Nearly $20 Million Loan

The Flint School Board approved borrowing up to $17 million in a special meeting held Wednesday night. According to ABC 12, the money is needed due to a cash shortage and would hold the district over until it receives its state aid check. The move comes less than a month after the district submitted a revised deficit elimination plan to the state asking for three more year

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courtesy Flint School District
courtesy Flint School District
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Flint School District to Hold Special Meeting on Revised Deficit Elimination Plan

The Flint School District will host a special meeting tonight (7/30) to discuss their plan to get of nearly $21 million in debt. According to ABC 12, the district must submit its revised deficit elimination plan to the Michigan Department of Education by Thursday. An audit last November showed the district to be about $10 million in debt. However, a new report last month showed the debt to be twice as m

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ThinkStock
ThinkStock
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Flint Schools May Ask for Extension on Revised Budget Deficit Elimination Plan

The Interim Superintendent of the Flint School District has reportedly told other superintendents from around Genesee County that the financially troubled district may ask for more time to submit an updated budget deficit elimination plan

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Flint School Admin Bldg
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Flint Schools Plan to Outsource More Jobs in Attempt to Cut Budget [Video]

A plan to outsource more jobs is the latest attempt by Flint Community Schools in its attempt to cut a budget deficit of more than $20 million.

According to ABC 12, starting next school year, substitute teachers, tech works, safety advocates and even athletic coaches will be hired by outside companies. The decision to outsource 150 jobs was made at Wednesday night's school board meeting.

One the plan is approved by the state, for ins

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