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Arsen, David; DeLuca, Thomas; Ni, Yongmei; Bates, Michael – Journal of Education Finance, 2016
Like other states, Michigan has implemented a number of policies to change governance and administrative arrangements in local school districts deemed to be in financial emergency. This paper examines two questions: (1) Which districts get into financial trouble and why? and (2) Among fiscally distressed districts, are there significant…
Descriptors: Educational Finance, School Districts, Financial Exigency, Institutional Characteristics