DETROIT (WXYZ) – The 7 Investigators have found major changes in the Detroit Public Schools are happening against the advice of turnaround experts.
Retired Bankruptcy Judge Steven Rhodes who is transition manager at DPS, was told in March that the accounting systems inside the district “are largely in the same shape as was the case with the city. There is no monthly close of the books. And it will be several months following the close of the year before you know what the actual deficit will be.”
The email also said, “How did they get from $97 million deficit to $61 million deficit if the books haven’t been closed?”