DETROIT (AP) – A report shows the Detroit Public Schools deficit is smaller than originally projected.
The district says Tuesday that officials expected a deficit of about $70 million during the 2014-15 fiscal year, but an audit filed Nov. 2 with the state puts it at $46.5 million.
Cuts to non-classroom spending, modifications to employee health care benefits and other restructuring efforts are partly credited to the deficit decrease.
The district also says its losing fewer students than it has in previous years. Public schools receive state funding for each student enrolled. Preliminary enrollment figures of 46,325 students this fall are about 30 more than budgeted.
Officials will present the audit results Thursday to the Detroit Board of Education.
The district says it still faces a legacy debt liability of about $515 million.