Why do we need a sinking fund?

The presentation we’ve been using at our public discussions on the sinking fund puts the question of the headline in context. It’s hard to understand why the sinking fund is so important without some background on how schools are funded, the limits on how districts can use certain funds, and what the impact of Michigan’s school funding system have been on AAPS over the last three decades. We hope you find this helpful as you think about supporting the sinking fund and, we hope, encouraging your fellow voters to do the same!