Ypsilanti, Mich. — Ypsilanti Public Schools could be facing a $14 million deficit next year due to decreasing enrollment, according to The Ypsilanti Courier. The district is projecting a $4.5 million deficit this year even after making mid-year adjustments, and could see its total debt climb to $9.5 million by the end of the year.
“This is a projection based on what we know…and if nothing changed, your deficit would get worse. That’s the bottom line,” Don Sovey, a business consultant, told the Ypsilanti Board of Education, according to The Courier.
The Courier reports Covey suggested the district make proportional cuts across “cost centers,” reducing spending equally across the board.
The Ypsilanti Courier, “Ypsilanti Public Schools may need to cut $14 million,” March 13, 2012
Mackinac Center for Public Policy, “Five Options for Addressing 'Transition Costs' When Closing the MPSERS Pension Plan,” March 12, 2012