The Benton Harbor Board of Education may take a step this evening toward getting its financial house in order.
Benton Harbor Area Schools faces a $15 million deficit.
Last month, a state panel determined the school district is in a "financial emergency."
Monday, the state Treasury department announced that an agreement has been crafted that will “restore financial stability to Benton Harbor Area Schools as quickly and efficiently as possible.”
As part of the agreement, a consultant will assist district leaders in implementing the plan.
The Board of Education only has a few days to decide if it agrees with the consent agreement. If not, there is a possibility Benton Harbor schools could face the appointment of an emergency manager, or bankruptcy.