Southwest Michigan school districts use cash reserves to get out of debt

8:11 pm
Sun November 24, 2013

Southwest Michigan school districts use cash reserves to get out of debt

Lead in text: 
Three districts moved out of deficit, one moved in during last year
Area schools pulled a combined $4.3 million from cash savings to cover budget shortfalls last school year. One local school district went broke while three others were able to move themselves out of deficit and into the black.