Mismanagement often to blame for Michigan schools’ financial troubles
By Tom Gantert | Michigan Capitol Confidential
Flint Community Schools received $5,400 more per student than the nearby Grand Blanc school district in 2011-12, yet Flint has been losing money for three years while Grand Blanc balanced its budgets.
School districts in deficit often are in the red not because they aren’t getting enough money, but because they don’t manage their finances well.
Flint received $13,757 in 2011-12, which was more money per pupil than any of the other 30 school districts and charter public schools in Genesee County. In fact, the only two districts in deficit in Genesee County in 2012-13 were the two districts that received the most money per pupil in 2011-12, according to the latest financial data from the Michigan Department of Education. Flint Beecher also was in deficit and received $12,720 per student, second to Flint.
at Michigan Capitol Confidential.
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