Financial emergency exists in Benton Harbor schools, review team says

Matthew Zalaznick's picture
Monday, August 4, 2014

An independent review team concludes that a financial emergency exists in the Benton Harbor Area Schools, and now Gov. Rick Snyder has 10 days to act on the recommendation, according to a Friday news release from the Michigan Department of Treasury.

If Snyder declares a financial emergency, Benton Harbor schools can choose between an emergency manager, consent agreement, mediation or bankruptcy, state officials have said.

Benton Harbor school officials could be not reached for comment. However, Superintendent Leonard Seawood has said the district "clearly recognizes" the need for state intervention to address its financial problems.

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