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Governor Snyder analyzing Pontiac school finances

LANSING (WKZO) -- Governor Snyder is in the process of analyzing a report from the Financial Review Team on the Pontiac School District.  The team determined late last week that the district is in a financial emergency, which is the first step toward the appointment of an emergency manager.

Pontiac Schools had a deficit in Fiscal Year 2012 of 37.7-million dollars, an increase of nearly 54-percent over 2011.  The Michigan Education Association is blaming the shortfall on budget cuts from the state.

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