school funding

Critics say spending plan spends more on charters and cyber schools

Expenses are up, mostly due to retirement costs

Local school boards have until early February to vote on putting proposal on ballot

School board will meet Monday to determine whether district can secure $2.5-million loan from state


A new report says Michigan's public schools have less to spend educating students because of rising teacher retirement costs. The Citizens Research Council says retirement now eats up nearly 15 percent of the money districts get per-student. That's up from only about nine percent in 2004.