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Sat June 18, 2011
Financial manager repeal effort under way Saturday
People opposed to Michigan's financial managers law are intensifying their efforts to get a repeal on the November ballot. The law gives financial managers broad powers over financially troubled school districts and local governments.
A group called the Committee to Stand Up for Democracy has organized signature-collection efforts Saturday in 11 cities. Supporters say the law is needed to help financially troubled entities get back on their feet. Opponents say it's a power grab that let’s unelected appointees throw out union contracts and take authority away from elected officials.