DETROIT, Mich. -- The Detroit Public Schools Financial Manager has laid out a $1 billion plan to close 44 schools plus one administration building. The 44 buildings will be closed by June, and another 13 by 2012, including two of the city's most established high schools.

Robert Bobb released the formal list of school closures and more specific closing dates during a news conference Wednesday as part of a proposed five-year plan to reorganize the district and make it leaner.

Bobb said his five-year master facilities plan will be put into place between 2010-2015. Some buildings will be renovated and some will be consolidated into smaller and newer buildings and some will be demolished as the district prepares for a projected enrollment drop of about 30,000 students.

Bobb said Wednesday that there are currently 50,000 vacant seats in the schools and the number will continue to increase as the birth rate in the city drops.

Osborn, Kettering and Northwestern, along with the massive 83-year-old Cooley, Communication & Media Arts and 95-year-old Southwestern high schools will close for good.

Pre-kindergarten through 12th grade enrollment has decreased from about 164,500 in 2002-03 to 87,700 for the current school year, according to district data. Enrollment is projected to dip to 56,500 in 2014-15.

Kindergarten enrollment declined from 16,046 in 1994 to 6,039 last year. About 22,250 students currently are in high school, Bobb said Wednesday. That number is projected to dip to 11,460 within five years.

The city's population also continues to drop with each U.S. Census and after the 2010 count it's projected to dip far below 900,000.

Bobb has been meeting with Detroit Mayor Dave Bing's administration, which is working on a plan to shrink parts of the city by moving people from deteriorating and near-empty areas to more stable neighborhoods.

"We have met with the city's team to review block-by-block … their demographic trends and we have overlaid this plan with the work of the city," said Bobb.

DPS will be broken up into 16 cluster neighborhood communities, to fit into Bing's plan.

To read DPS' detailed plan for each neighborhood click on the links below:

Osborn Neighborhood

Pershing Neighborhood

Denby Neighborhood

Finney/East English Village Neighborhood

Kettering/Airport Neighborhood

Southeastern Neighborhood

King Neighborhood

Northwestern Neighborhood

Central Neighborhood

Mumford Neighborhood

Cooley Neighborhood

Ford Neighborhood

Cody, Brightmoor Neighborhoods

Cody, MacKenzie Neighborhood

Southwestern Neighborhood

Western Neighborhood

More school closings are sure to anger many parents whose children will have to transfer.

Sixty-four DPS buildings have closed since 2007. The district closed 35 buildings about three years ago and then Bobb ordered 29 more closed before the start of classes last fall to help cut into a budget deficit that now stands at $219 million.

Bobb said most schools near competing suburban districts will be spared.

"If you close a school on a border, and parents can see the other school ... it's just a matter of going across the street," he said.

The plan will coincide with $41 million in security upgrades at all schools and a new DPS Security Command center, Bobb said.

Bobb was appointed by Jennifer Granholm last March to straighten out the state's largest district. He said the facilities plan was one that he vowed to implement.

On Monday, Bobb introduced a $540 million academic plan designed to challenge students and teachers, and change the way young people are taught in Detroit. Federal stimulus funds, Race to the Top grants and diminished per-pupil funding will pay for that plan.

The facilities plan has two phases. The first is being funded through $500.5 million in federal stimulus bonds. Voters will need to approve $500 million more in bonds for the second phase.

Watch: Flashpoint - The Future Of Detroit Public Schools

The average age of Detroit school buildings is 57 years. Closings of old schools and construction of newer ones will put that under 20 years. Several other traditional high schools also will be torn down after much smaller replacements are built.

Bobb said he has put out demolition bids for at least 6 schools, including the former Cass Tech High.

Bobb said all of the buildings slated for closure will immediately be audited so that the assets inside the buildings will not be taken.

Fewer schools and newer, energy efficient buildings are expected to save the district millions of dollars in maintenance and other costs. There also will be fewer salaries to pay, such as the number of principals, assistant principals and custodial engineers.

Bobb said he and his team have spent hundreds of hours reviewing the factors that determined which schools would close. He named some of the factors off Wednesday: enrollment, demographic trends, academic performance, birth rate, condition of facilities, neighborhood conditions, and competition.

IMAGES: 44 DPS Schools Slated To Close

School Closings List:

Bagley Elementary

Bethune Academy

Bethune Early Learning Center

Boykin Continuing Education Center

Bunche Elementary

Burt Elementary

Burton International

Campbell Elementary

Carstens Elementary

Coffey Elementary

Communication & Media Arts High School

Cooley High School

Cooley North Wing Special Education

Crary Elementary

Crosman/Mckinney Building

Detroit City Alternative High School

Detroit Day School for the Deaf

Dixon Elementary

Dossin Elementary

Drew Elementary

Earhart Middle School

Catherine Ferguson Academy for Young Women

Glazer Elementary

Hally Magnet Middle

Hanstein Elementary

Harding Elementary

Harding Annex

Holcomb Elementary

Langston Hughes Academy

Jamieson Elementary

Kettering High School

Kettering West Wing

Macdowell Elementary

Malcom X Academy

Mason Elementary

Mccoll Elementary

Mcfarlane Elementary

Mckenny Elementary

Osborn High School

Robeson Early Learning Center

Sherrill Elementary

Thirkell Elementary

Trombly Alternative High School

Westside Alternative High School

Longfellow Administrative Building

Other School Changes:

Fine Arts Schools:

When completed, the three new performing arts schools will prepare students for entry into the Detroit School of Arts High School.

Phase I:
The Detroit School of Arts East Duke Ellington Campus will be created at the Beckham Academy site.

The Detroit School of Arts West Langston Hughes Campus will be created in the preK-8 campus wher eTaft and Charles Wright Academy are located.

Phase II:
Detroit School of Arts Central – Charles Spain Campus.

Alternative Schools:

Four alternative high schools will close and a new district-wide program called the Detroit High School for Accelerated Options will open inside of the Northwestern High School, beginning in Sept. 2010.

Students from the Nancy K. Boykin and Catherine Ferguson schools will be moved to a new Catherine Ferguson facility for pregnant teenagers located inside of the Westside Multicultural building.

Special Education Schools

McKinney Day Treatment program will move from the Crosman building into the Turning Point Academy building, which is already serving special needs students.

Oakman Orthopedic School will receive improvements.

Cooley North Students will relocate to Jerry White Center.

Say School for the Deaf Students will relocate to Edmonson and other facilities.

DTC East and DTC West will be combined into a new special education transformation center.

Phase II:

A new K-12 special education center for multi and severly handicapped students will be built in a central location.

Related Info.

Detroit schools plan by the numbers

42: facilities to close by June

$31 million: The reduction in operating costs in 2010

Pre-K-20: The plan to offer bachelor's and master's degrees, training at Central High

Pre-K-14: The rest of the district would offer community college

75% of students: The number who will be in newly or majorly renovated schools

What's next:

Town hall meetings: Community feedback will be sought beginning March 29 and running through mid-April.

Final list: A final closure list is expected April 16.

Bond measure: Another $500-million bond would be needed for Phase II of the plan, which includes pre-K-14 campuses at Spain, Pershing, Denby and Davis Aerospace.