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

Bay City Public Schools

Bay-Arenac ISD Pending No Reports
Flat River Academy Saginaw Valley State University July 28, 2016 Quarterly Report
Kent City Community Schools Kent ISD July 21, 2016 Quarterly Report

Periodic Reporting Districts

Intermediate School District (ISD)

Fiscal Year 2016-2017

Fiscal Year 2017-2018

Multicultural Academy Washtenaw ISD July 20, 2017 August 20, 2017
Britton Deerfield Schools Lenawee ISD No Reports August 20, 2017
Ontonagon Area School District Gogebic-Ontonagon ISD No Reports August 20, 2017

The following template is used for periodic reporting: 2017-18 Periodic Reporting (Excel) 
*Template updated 05-08-2017