Tuesday, November 8, 2011

Flint's Financial Emergency

Flint appears to be moving closer to an emergency financial manager. Kristin Longley of The Flint Journal reports:
State officials announced this evening that an eight-member review panel appointed by the governor is recommending that an emergency financial manager take over the city of Flint.

Flint Mayor Dayne Walling said the state's decision that a financial emergency exists in the city "shows how serious our financial challenges are in the City of Flint."

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