Teachers in St. Joseph, Michigan have agreed to give back part of their scheduled raises to help cut the district's budget deficit.
The School Board announced Monday night that they've approved a one-year contract with the St. Joseph Education Association.
Superintendent Ann Cardon says the district was facing a deficit of around $700,000 for this school year, but this agreement brings that number down to a projected $500,000 deficit.
The savings came in concessions made through the teachers' step salary schedule, which provides automatic increases for seniority and advanced degrees.
The School Board also agreed to a new salary schedule for all new employees.