Local school district climbs out of $21.9 million deficit - WNEM TV 5

Local school district climbs out of $21.9 million deficit

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A local school district has managed to work its way out of a financial deficit at an alarming rate.

According to the Detroit News, Flint Community Schools overcame a nearly $22 million budget hole in the less than two years.

The Michigan Department of Education released a report Tuesday that showed the district was only down $5.5 million by June of 2015.

By the end of the 2016 school year, Flint schools only owed slightly over $112,000.

The recovery wasn’t without sacrifice, though.

Since 2014, the district has laid off over 75 employees. The move saved the district nearly $6 million.

The superintendent has issued the following statement: 

“Eliminating the district’s fiscal deficit is essential to safeguard future opportunities for the students at Flint Community Schools, and I am heartened by the tremendous progress we have made. At the same time, we remain committed to what matters most – the changes that occur within the walls of the classrooms, which will translate to success for each and every one of our learners. I am grateful for the support and hard work of the school board, our teachers, staff and students in these efforts.”

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