Source: M Live
The state’s Center for Educational Performance and Information recently posted 2015-16 financial data for Michigan’s traditional public and charter schools. Here are some of the highlights of that data, which includes charters schools unless otherwise noted: Michigan public schools’ operating budgets totaled $13.9 billion in 2015-16 about 6% less than 2007-08; traditional, charters spend their money in different ways; and schools are spending less on salaries and insurance, but more on retirement and contracted services, among other findings.