TITLE

Detroit School Plan

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/9/2005, Vol. 351 Issue 32067, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that public schools officials in Detroit, Michigan, submitted a deficit elimination plan to the state in the week prior to February 8, 2005, in which the district seeks to refund about 213 million dollars of bonds in order to extend the existing 15-year debt payment schedule. Total costs that the district plans to cut in order to reduce the budget; Budget shortfall that the district expects to have at the end of the fiscal year on June 30, 2005.
ACCESSION #
16011766

 

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