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Education Commons

Open Access. Powered by Scholars. Published by Universities.®

2017

Economics

Eastern Michigan University

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Full-Text Articles in Education

A Study Of The Factors Involved And The Strategies Employed By Michigan School Districts In Developing Deficit Elimination Plans, Sue C. Carnell Jan 2017

A Study Of The Factors Involved And The Strategies Employed By Michigan School Districts In Developing Deficit Elimination Plans, Sue C. Carnell

Master's Theses and Doctoral Dissertations

The purpose of this research was to study the factors that contribute to financial deficits, examine the strategies used to reduce deficits, and explore the barriers that may prohibit the reduction of financial deficits. As part of legislative mandates, school superintendents are faced with creating a deficit elimination plan to reduce the financial deficits facing their districts. In 2013, the State of Michigan began to shut down financially challenged districts for the first time. School districts labeled as “deficit districts” struggled to remove the designation assigned to them. Fifty-eight traditional Michigan public school districts with financial deficits between school years …