Governor Rick Snyder has agreed with a review team’s finding that the Pontiac school district is in a state of financial emergency.

A state review team has determined the Pontiac school district is saddled with so much debt it’s in a financial crisis.

The Inkster and Buena Vista school districts have until the close of business Monday to submit proof they can come up with enough money to open in September and stay open.

Michigan schools could be left with a significant drop in state funding after next year.

Governor Rick Snyder says the 15 Detroit schools being run by the state Educational Achievement Authority are already showing signs of improvement.