Potential Fiscal Stress Schools

Pursuant to Public Act 109 of 2015, school districts and PSAs may choose to contract with an ISD or Authorizer within 60 days of being notified of the existence of potential fiscal stress in order to receive an administrative review. Schools that do not contract for an administrative review, or do not implement any of the recommendations of their administrative review within 365 days of being notified of the existence of potential fiscal stress, may be required to submit periodic financial status reports to Treasury.

Treasury has declared potential fiscal stress for the following school districts and public school academies:


Administrative Review Districts

Contract

Administrative Review

Quarterly Report

Charlevoix Montessori Academy for the Arts

Saginaw Valley State University

Administrative Review

Quarterly Report

Delton Kellogg Schools

Barry ISD Administrative Review Quarterly Report
Fenton Area Public Schools Genesee ISD Administrative Review Quarterly Report
Flat River Academy  Saginaw Valley State University Administrative Review Quarterly Report
Kent City Community Schools Kent ISD Administrative Review Quarterly Report
Mayville Community School District Tuscola ISD Administrative Review Quarterly Report
Montague Area Public Schools Muskegon Area ISD Administrative Review Quarterly Report
Muskegon Public Schools Muskegon Area ISD Administrative Review Quarterly Report

Periodic Reporting Districts

Intermediate School District (ISD)

Budget Overview Report

Cash Flow Report

Adams Township School District Copper Country ISD Budget Overview/Updates Cash Flow Projected/Actual
Leslie Public Schools Ingham ISD Budget Overview/Updates Cash Flow Projected/Actual
Mar Lee School District Calhoun ISD Budget Overview/Updates Cash Flow Projected/Actual
Multicultural Academy Washtenaw ISD Budget Overview/Updates Cash Flow Projected/Actual
North Star Academy Marquette-Alger RESA Budget Overview/Updates Cash Flow Projected/Actual
Weston Preparatory Academy Wayne RESA Budget Overview/Updates Cash Flow Projected/Actual
Williamston Community Schools Ingham ISD Budget Overview/Updates Cash Flow Projected/Actual

The following template is currently used for periodic reporting: Periodic Reporting (Excel)
*Template updated 12-21-2016