Board To Review K-12 District, 2 Municipalities - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Board To Review K-12 District, 2 Municipalities

Posted: Updated:

LANSING, Mich. (AP) - A state board is preparing to meet this week to review the finances of two municipalities and one school district from the Detroit area.

The Local Emergency Financial Assistance Loan Board is scheduled to meet Monday and Wednesday in Lansing. It will consider preliminary state reviews of Ecorse Public Schools, the city of Highland Park and Royal Oak Township.

If the board determines probable financial distress exists in the local governments or K-12 district, Gov. Rick Snyder will appoint a review team. If the governor ultimately concludes there is a financial emergency, an emergency manager could be appointed.

Other options include a consent agreement or bankruptcy.

Powered by WorldNow

2820 East Saginaw Street,
Lansing, MI  48912

Telephone: 517.372.8282
Fax: 517.372.1507

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Lansing, Inc. A Media General Company.