Saginaw School Board trustees are expected to approve the proposed 2016-17 budget, including a roughly $51 million general fund, this coming Wednesday. Superintendent Nathaniel McClain told school board trustees Wednesday evening a key piece involves restoring previous wage concessions made by employees like the teachers.
McClain said the district has worked hard to improve its finances after being on the state’s watch list for cumulative deficits over several years. He said the Saginaw schools will end the current year with a fund balance of around $7.2 million. That could grow to about $7.5 million if the projected fund balance in next year’s budget holds up.