Pontiac School District’s Financial Crisis Due to Poor Management, not Lack of Money

Pontiac School District’s Financial Crisis Due to Poor Management, not Lack of Money [Michigan Capitol Confidential]:
"In fact, the problems in Pontiac seem to be solely an issue of local mismanagement and bad union bargaining agreements.
The district spends among the most in the state at $16,400 per pupil. 

While students fled the district, there was a 35 percent increase in average teacher salaries from $56,781 to $76,449 between 2008 and 2011, before dropping to $67,702 in 2011-12.
Despite the claim there were cuts, the district received $14,125 per pupil in 2010-11, up from $13,488 in 2007-08."