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 exists for the following school districts and public school academies:


Administrative Review Districts

Contract

Administrative Review

Quarterly Report

Flat River Academy Saginaw Valley State University July 28, 2016

March 31, 2019

Forest Park School District Dickinson-Iron ISD September 10, 2019 No Reports

Periodic Reporting Districts

ISD/Authorizer

Fiscal Year 2017-2018

Fiscal Year 2018-2019

Multicultural Academy Washtenaw ISD June 30, 2018 March 31, 2019
Britton Deerfield Schools Lenawee ISD June 30, 2018 March 31, 2019
Eau Claire Public Schools Berrien ISD No Reports March 31, 2019
Mio-AuSable Schools C.O.O.R. ISD No Reports March 31, 2019
Dollar Bay-Tamarack City Area Schools Copper Country ISD No Reports March 31, 2019
Fitzgerald Public Schools Macomb ISD No Reports March 31, 2019
Merrill Community Schools Saginaw ISD No Reports March 31, 2019
Detroit Community Schools Bay Mills Community College No Reports No Reports
Beaverton Rural Schools Clare-Gladwin RESD No Reports No Reports
Clintondale Community Schools Macomb ISD No Reports No Reports

The following template is used for periodic reporting: 2019-2020 Periodic Reporting (Excel) 
*Template updated 07-17-2019