DETROIT (AP) -- The Michigan education department has approved a Detroit Public Schools plan to cut teachers' pay by 10 percent.
State Superintendent Mike Flanagan announced Wednesday that he had signed off on the district's updated five-year deficit elimination plan. DPS has a $127 million deficit.
The pay cut will impact all teachers and administrators starting Oct. 1.
Also Wednesday, The Detroit News says the state's Local Emergency Financial Assistance Loan Board approved a proposal by Detroit Public Schools emergency manager Jack Martin for the district to borrow $111 million in state aid notes to pay its bills.