Governor Snyder signed a package of bills aimed to assist school districts in receiving faster help in a financial emergency.
The package, House Bills 4325-4332, combines:
- More financial reporting,
- The expansion of deficit elimination plan programs,
- The creation of enhanced deficit elimination plans, and
- Changes how the Michigan Department of Education and Treasury Department can withhold state aid payments to school districts.
The goal of this package of bills is to help school districts fix financial difficulties. To read the entire referenced article from MLive, click here.
For more information on school districts and the significance of these bills, please contact Brian McFarren at email@example.com or (231) 726-5815.