School board president
"They didn't want to hear it," Davis said of the argument he made to the board this morning. "They had their minds made up before we even got there."
The three members of the loan board work for Gov.
Davis made his comments after a 45-minute meeting in which the board approved the short-term loan, and in doing so sided with Martin and his version of the district's financial outlook.
Although the loan request is routine for school districts this time of year, it's unprecedented under a 2012 borrowing law for public bodies that a school district's emergency manager and board disagree on how much would need to be borrowed, said
The board listened to both Martin and Davis and a fellow board member.
"In the end, it was determined that the proposal by the school board would still have left the district experiencing significant cash flow" problems as early as September, Stanton said.
The board, made up of representatives of the state's treasury, budget and licensing and regulatory affairs offices, voted 3-0, he said.
Also today, state schools superintendent
Employees have argued that wage cuts violate collective bargaining agreements.
The state does not enforce cuts or other specifics of the plan -- "those decisions are up to the local district," according to a statement from the superintendent's office.
The education department's sole role is to "ensure that the proposed savings are accurate and a viable solution to its deficit," the statement read.
The plan had to be accepted by the state for the district to continue receiving state aid.
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