BOARD OF EDUCATION PRESIDENT RESPONDS TO PROPOSED CONSENT AGREEMENT

NEWS from Detroit Public Schools
Office of Public Relations

Media Contact: Steve Wasko
313-873-4542; cell 313-212-5636
steven.wasko@detroitk12.org

Detroit Board of Education President Carla D. Scott, M.D., issued the following statement regarding the receipt of a proposed consent agreement from the State Treasurer:

“I would like to thank the members of the Financial Review Team for their efforts, timely report and thoroughness. This provides the Detroit Board of Education the opportunity to demonstrate that we can stabilize and right-size the district’s expenditures ourselves. The Board members will now review the proposed consent agreement and hold a special board meeting Wednesday, November 5, 2008 to discuss and take action on the consent agreement. I am confident that the Board will reach a decision in the best interest of the school district and that we will continue on the path towards financial solvency and academic excellence.”

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SW10/31/08

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