Wanganui Collegiate School was more than $320,000 in debt at the end of 2016, and the auditor-general had issues with its banking arrangements and unauthorised borrowing.
Traditional powerhouses netball and rugby are under threat as the most popular sports at New Zealand secondary schools, with basketball poised to dunk them both.
Girls are now welcome at a prestigious Wellington boys' school.
About 140,000 school students will find out today how well they have done in New Zealand's annual examination ritual - a rite of progress that may look completely different by the end of next year.
NCEA results are out tomorrow - but exam authorities won't say exactly what time results will be online in case everyone tries to look at the same time.