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Tue October 18, 2011
State initiates review of Inkster's books
The city of Inkster is the subject of a financial review by the state that could ultimately lead to the appointment of an emergency manager.
State Treasury spokesman Terry Stanton says the review was ordered after city officials informed the department about its financial difficulties. He says that’s the goal of the state’s revamped emergency manager law: to get information sooner, and work with municipalities to fix their problems:
“And therefore perhaps have an opportunity to work collaboratively with a local unit to address any issues that are there.”
The preliminary review will last up to 30 days. Michigan’s new emergency manager law has spurred much controversy, a lawsuit, and an effort to repeal it at the ballot box. Critics of the law say it violates home rule.