The U.S. Attorney's Office said Jumanne Sledge, 41, entered a plea to unlawful conversion of school funds Tuesday in U.S. District Court in Detroit.
Sledge had served as head associate superintendent in the district, north of Detroit.
Authorities said a district employee was directed in 2010 to write a vendor check payable to "Leadership Academy." They said the check went into an account controlled by Sledge, and about $200,000 later went into another account and went to pay personal expenses.
Sledge faces up to 30 months in prison and could be ordered to repay the $236,000. He also has forfeited his Jaguar luxury car and $34,000 in cash.