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Mon May 16, 2011
Flint flirts with opening door to state appointed financial manager
The mayor of Flint is expected to take a step this week toward asking the state to review his city's finances. It's a move that could potentially lead to a state appointed emergency manager taking over control of the city.
The Flint Journal reported over the weekend that Mayor Dayne Walling plans to ask the Flint city council to consider requesting a state review of the city's finances.
It's a move the mayor reportedly hopes will give him or the city council the power to alter city union contracts. It could also lead to the appointment of an emergency manager.
Less than a decade ago, Flint's finances were run by an emergency financial manager. But recent changes in the law have given emergency managers much more power, including the ability to effectively strip elected officials of their authority and throw out union contracts.
Flint is struggling with a large projected budget deficit, and recently sold bonds to pay off a portion of the city's debt.