State Treasury officials say fewer schools in Michigan are in financial trouble.
Forty-one schools faced a deficit last year. This year the number is down to 27. It could go as low as 18 by the end of June.
State Superintendent Brian Whiston says part of this is the growing economy. But it’s also part of the Early Warning legislation that flags schools that could be headed for financial trouble before they get to the point of a deficit.
“I think it’s all good news right now where districts are able to reduce their deficits.”
Whiston says they do not expect any new districts to need an emergency manager this year.