According to information released by the Michigan School Business Officials (MSBO), Elkton-Pigeon-Bay Port Laker Schools is one of only 30 districts across Michigan to receive a perfect fiscal indicator score of zero from Munetrix.
Lakers is the only school in the Upper Thumb to receive this recognition.
Munetrix has data on all of Michigan’s 500-plus public school districts and 300 charter schools. Therefore, the 30 districts on the perfect score list represent only four percent of the total number of districts.
Munetrix provides financial transparency data for schools and municipalities and provides financial reports to the public –through charts and graphs – so taxpayers know how money is being spent.
The perfect Munetrix scores are based on the latest available Michigan Department of Education data and consider a variety of factors, such as operations performance, enrollment trends and fund balance status.
“Under very difficult situations, these districts performed exceptionally well and should be commended,” stated Bob Kittle, president of Munetrix, in a release. “The fiscal headwinds facing local schools in Michigan and across the country are compounded by declining enrollments and state-aid revenue sources. Fiscal stewardship is taken very seriously by this group.”
Mike Klosowski, Laker chief financial officer, is excited about the news.
“I appreciate working for a district that works together, as we have remained very fiscally and operationally stable over the years, even with outside forces making all schools … having to make difficult decisions,” Klosowski said.
To view Munetrix data on Laker Schools, visit www.lakerschools.org and click the “Munetrix” icon in the “Transparency Reporting” area of the page.
For more information on Munetrix, visit www.munetrix.com.