Auburn Hills, Mich. – March 29, 2016 – In a report released today, Bob Kittle, president of Michigan-based Munetrix, a data aggregator offering a comprehensive suite of reporting, management and forecasting tools designed to meet the financial management and transparency needs of states, municipalities and schools, announced 22 Michigan public school districts received a perfect Munetrix fiscal indicator score of zero for the second consecutive school year.
The perfect Munetrix scores are for the 2014-2015 and 2013-2014 school years and are based on the latest available audited Michigan Department of Education data. They consider a variety of financial key performance indicators, chiefly operations performance, enrollment trends and fund balance status. The Munetrix Score range is zero to 10, with zero being a perfect score.
The 22 Michigan school districts to receive a perfect Munetrix score for the last two consecutive fiscal years are:
Blissfield Community Schools
Brimley Area Schools
Byron Center Public Schools
Chippewa Valley Schools
Elkton-Pigeon-Bay Port Laker Schools
Homer Community School District
Houghton-Portage Township School District
Jonesville Community Schools
Kingston Community School District
Marquette Area Public Schools
Mason County Eastern Schools
Melvindale-North Allen Park Schools
Negaunee Public Schools
Northville Public Schools
Plainwell Community Schools
Rogers City Area Schools
Schoolcraft Community Schools
Swan Valley School District
Tecumseh Public Schools
Troy School District
Warren Woods Public Schools
“It’s a difficult time to be in school administration; based on their Munetrix Scores, these districts should be commended for their fiscal stewardship in an era of higher expectations, declining enrollment and revenue streams that have not caught up to what was lost in the downturn,” Kittle said.
Kittle also noted that one district on the list, Mason County Eastern Schools, located in Custer on the west side of the state, was in a precarious financial situation with a Munetrix Score of 9 in 2011.
“The fact that Mason scored a zero for their last two consecutive years is commendable, especially just a few years after coming out of a very dire situation,” Kittle said. “This shows signs of a sustainable recovery that will benefit district students, their families and the broader community.”
Since its founding in 2010, Munetrix has continued to build its reputation among government and school district leaders. In October 2015, Munetrix was named one of only two approved vendors prequalified by the Michigan Department of Technology, Management and Budget to provide data analytics tools for reimbursement to Michigan public school districts. In December 2015, the company received “Readers’ Choice Top Products for 2015” recognition from K-12 leaders’ education trade publication, District Administration.
Munetrix is the creator of the award winning Munetrix (municipal metrics) cloud-based local government transparency tool and is among the nation’s largest aggregators of municipal and school district data, allowing subscribers to view public sector financial and demographic data in an easy to understand format and use that data to make meaningful and reliable budgets and financial projections. Munetrix is the only vendor source in Michigan endorsed by the state’s three major K-12 school associations, MASA, MASB and MSBO. Learn your community’s Munetrix Score at the Munetrix website.