Governor Declares Flint In Financial Emergency

Just hours before polls closed and Flint voters re-elected Mayor Dayne Walling, Michigan Governor Rick Snyder stated that the City’s more than $25 million in deficits represents a financial emergency. The declaration is not immediately followed by the appointment of an emergency manager as, under the reform passed earlier this year in Public Act 4, Flint has seven days to request a hearing on the Governor’s findings. If a hearing is not requested, the City can also appeal the findings to the Ingham County Circuit within 10 days.

The review team dispatched to review the City’s finances provided their report to the Governor on Tuesday, showing that the City’s revenues continued to decline and, although the City’s expenditures also declined, they repeatedly exceeded said revenues.

Flint was under the control of an emergency manager less than a decade ago. If an emergency manager is named following Tuesday’s declaration, it will represent the largest local governmental unit with an appointed manager, while speculation continues that the City of Detroit will soon follow.

posted by PAA Online , Friday, November 11, 2011 10:15 AM
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