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Michigan orders review of school system finances that lost half of its students

State officials have ordered a review of the finances of the Highland Park School system, which has lost more than half its students in the last four years and is facing a $19.9 million deficit. Under Michigan’s Emergency Manager law, financial review is the first step in a process that can result in take over of a school system.

Jul 31, 2020
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State officials have ordered a review of the finances of the Highland Park School system, which has lost more than half its students in the last four years and is facing a $19.9 million deficit.
Under Michigan’s Emergency Manager law, financial review is the first step in a process that can result in take over of a school system.
The Associated Pressreports:
The preliminary review for Highland Park schools is expected to be complete by the end of August. State officials determine how to proceed after that review is wrapped up.
Steps could include the adoption of a consent plan aimed at fixing school finances or putting a review team into the district for further evaluation.
Highland Park is an economically devastated enclave of Detroit.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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