Tagged: saginaw

The Buena Vista school district will try to run summer camps to help students affected by the sudden cancelation of classes for the balance of the school year.

That's one of the decisions today from a meeting of state and local education officials.

The shut-down will not stop eligible seniors from graduating, or other students from advancing to the next grade. The district in Saginaw County will try to run four- to six-week camps over the summer break to help students make up what they missed, and prepare for the coming school year.

The money for those camps will not come from the state, but from federal funds.

The Buena Vista district abruptly ceased operations earlier this month. That was after the state cut off aid payments because of debts owed by the district.

It’s day four of no school for Saginaw-based Buena Vista School District, as the district prepares to declare a financial emergency.

As Mark Brush reported on Tuesday, the school district canceled classes earlier this week after teachers were laid off. The layoffs come after the district of about 450 students learned the state was withholding funding for April, May and June.

The financial storm has been brewing at the Buena Vista School District outside of Saginaw for some time, but it came to a head today.

The Buena Vista School District announced that the school is closed today and that teachers will be laid off.

A community meeting is expected to be held at 6 p.m tonight.

The District has faced declining enrollment at a time when public education funds are being cut in the state.

A new report finds three regional cities are good places to buy and rent out single family homes.

A new Realty Trac survey lists Detroit, Saginaw and Toledo among the 20 best markets in the country to own and rent single family homes. Florida cities dominate the rest of the list.

The top 20 are based on the markets with the most potential cash flow and capitalization rates on a 3-bedroom home.

Saginaw ranked second on the survey.  Toledo came in third.  Detroit ranked 15th on the list.  Memphis, Tennessee topped the Realty Trac ranking. 

Ninety new Michigan State troopers will soon be on the road.

The troopers were officially sworn in today in Lansing.

Governor Rick Snyder told the new troopers they are part of reinventing Michigan, in part by helping those communities hit hard by violent crime.

Hundreds of Michigan cities are not saving enough to cover their future retiree health care costs.

A new report says more than 300 Michigan municipalities have in excess of $13 billion in unfunded liabilities for health care costs of retired public employees.

Michigan State University researchers found only half of the municipalities are prefunding retiree health care. The rest are setting aside no money despite longer lifespans and rapidly rising health costs.

While the collective bill of funding those benefits is $12.7 billion, the bulk of it, almost $11 billion, is attributable to local governments in a 10-county region of Southeast Michigan including Oakland, Macomb and Wayne counties. The city of Detroit alone will owe $5 billion in retiree health care costs.

But MSU professor Eric Scorsone says cities like Grand Rapids, Flint, Lansing and Saginaw also face difficult choices.

“That’s already happening today….these cities…are paying millions of dollars in retiree premiums so it’s already having an effect and it will have an even bigger effect in the future,” says Scorsone.

Scorsone says the new national health care law may help some.   But tax increases, budget cuts or broken promises to retirees are inevitable, unless the state takes action.