State to review finances of Pontiac schools

District's deficit is projected to be $26 million by end of June, city already overseen by emergency financial manager

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PONTIAC, Mich. - The state is planning a preliminary financial review of Pontiac's public school district, a step in a process that could lead to the appointment of an emergency financial manager.

The state informed the district of its plans this week. The district's deficit is projected to be $26 million by the end of June. The review is expected to be completed next month.

The Pontiac School District says it's made changes to shore up its finances and it's planning more cuts next week.

The city of Pontiac already is overseen by a state-appointed emergency financial manager.

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