Saginaw School District puts 15 properties up for sale with aim of reducing $7 million deficit

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SAGINAW, Michigan — The Saginaw School District is trying to reduce its $7 million deficit by selling 15 properties.

The Saginaw News reports (http://bit.ly/1qzIuAI ) nine Saginaw buildings and three empty lots totaling $1.6 million are on the market. The district is also selling two vacant schools in Buena Vista.

Saginaw has closed 19 schools since 2003 and now operates 15. One building has been leased and two have sold.

The state ordered Saginaw leaders to zero out the deficit by July 2016.

The executive director of Michigan Middle Cities Education Association says it can be difficult to turn the buildings into something other than schools. He says it's also harder to sell them as more go on the market. The Lansing-based association is a consortium of urban school districts.


Information from: The Saginaw News, http://www.mlive.com/saginaw

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