7/23/13 - A new deficit elimination plan will be discussed by the Pinckney School Board at its August meeting. Pinckney became a deficit district at the end of the school year and is now $2.4 million in debt. The coming school year will add to that debt, but the amount that will be added has been reduced by two-thirds to about $800,000. The district is required to submit to the state a deficit elimination plan detailing how it will get out of debt. The district has so far submitted three deficit elimination plans to the state, and Superintendent Dan Danosky tells WHMI the state approved one of its earlier plans, but a new one must be discussed and submitted because the numbers have changed. Danosky says since those plans were submitted the district was able to renegotiate terms with all of its employees, which is a large part of how the district was able to reduce its operational deficit for this year. A new deficit elimination plan with the latest numbers will be discussed by the board at its August 1st meeting, and if it is approved it will be sent to the state for approval or revision. (TD)
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