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Thu June 7, 2012
Pontiac Schools avoids state takeover
State officials say they won't recommend a financial review team for the Pontiac School District.
That's after the District implemented a deficit elimination plan.
A financial review team would have put the district one step closer to a state takeover.
It could also have meant a longer delay in getting April and May payments from the state. Those were withheld as required by law during the preliminary review of the district's finances.
Pontiac Schools Superintendent Walter Burt says "we can breathe a little easier," knowing the threat of a payless pay day has been lifted.
The district's elimination plan includes a six percent wage cut for teachers, more teacher layoffs, closing two schools, and sharing or outsourcing some functions with Oakland County's intermediate school district.