What happens if the bond doesnt pass?
The district is not anticipating any increase in state per pupil revenues for the 2007-08 school years. At the same time, the costs associated with operating the school system continue to increase. If the bond issue is not approved: Operating funds may be transferred from the classroom to make critical building repairs and make space for our increased student population. The districts fund balance may decrease as it is used to cover operating costs and critical building repairs. In the past we have instituted split schedules for secondary students, redistricted elementary boundaries and utilized Mary Crapo for the K-12 program. 18. School Finance in a Challenging Economy In 1994, funding for Michigan public schools changed dramatically. Passage of Proposal A made Swartz Creek Community Schools dependent on the state for (65%) of its financing. This worked well when the state economy was booming. However, the states economy has suffered serious economic setbacks in recent years, resulti
