CHICAGO — Detroit Public Schools today is expected to price roughly $325 million of federal stimulus bonds that will finance a capital campaign that city leaders hope will help rebuild both the struggling district's buildings and its reputation.

The sale comes with DPS under control of an emergency financial manager appointed by Michigan Gov. Jennifer Granholm in January. School administrative veteran Robert Bobb has crafted a plan to address chronic and substantial operating deficits while also revamping the system by closing nearly 30 schools, restructuring 40 others, and launching a $1.2 billion capital plan that is partly financed with the proceeds of this week's bond sale.

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