Federal
Government OKs Disaster Declaration for Newaygo, Osceola Counties
People affected by severe flooding in Newaygo
and Osceola in April are now able to receive federal aid after the U.S. Small
Business Administration granted the state’s request for a disaster declaration.
The declaration will also allow citizens and businesses affected by the
flooding to receive low-interest loans. Clare, Kent, Mecosta, Missaukee,
Montcalm, Muskegon, Oceana, and Wexford counties were covered in a previous
declaration.
Snyder
Appoints Review Team for Benton Harbor Schools’ Finances
Due to the Local Emergency Financial
Assistance Loan Board’s decision in April regarding the financial stress of
Benton Harbor Area Schools, Governor Rick Snyder has appointed a financial
review team to look over the schools financial situation. The school district
has been running a deficit since the 2006-07 fiscal year and is expected to have
a $14.7 million deficit at the end of the fiscal year ending June 30, 2014. The
team has 60 days to report to the Governor whether or not there is a financial
emergency in the district.
Hilfinger
Departs MEDC to Return to Foley & Lardner
The chief operating officer of the Michigan
Economic Development Corporation, Steven Hilfinger, announced that he will be
returning to Foley and Lardner LLP, his previous law firm. Before Mr. Hilfinger
joined the MEDC, he was the director of the Department of Licensing and
Regulatory Affairs.