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Fri February 14, 2014
Crunch time: Saginaw school leaders work to draft a deficit elimination plan
Saginaw school officials are spending today crunching the district’s budget numbers.
They have two days to come up with a deficit elimination plan that will do away with the district’s $6.1 million deficit over the next two years.
“We’re going to work furiously to make sure we’re going to put forward the best plan that can not only sustain Saginaw public schools but also help us rebuild in a way that would be very vibrant,” Saginaw School Superintendent Carlton Jenkins said after last night’s school board meeting.
The district is looking at closing schools and laying off teachers and administrators.
The Saginaw school board will vote on the plan on Monday.
If the district fails to approve a plan, the state may withhold millions of dollars of state aid funding.