Friday, September 16, 2011

Here We Go Again?

Is Flint headed for another takeover by the state of Michigan?

Kristen Longley of The Flint Journal reports:

Flint became the first city in Michigan last month to undergo a state preliminary financial review, which is the first step in the process that could lead to the appointment of an emergency financial manager.

The process also could instead lead to a consent agreement between Flint’s elected officials and the governor, which would give local leaders expanded powers to help resolve the city’s financial problems.

A spokeswoman for Gov. Rick Snyder has said the governor’s office will “work tirelessly” to avoid appointing an emergency manager in Flint.

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