Wayne County moved closer to state oversight after Michigan Gov. Rick Snyder affirmed the county’s financial emergency status Thursday.
The confirmation came eight days after Snyder said he agreed with a state review team that found a fiscal crisis in the county amid budget shortfalls and rising pension costs.
The governor’s move gives the county commission seven days to choose one of four options: a consent agreement, mediation, an emergency manager or a Chapter 9 bankruptcy.
The consent pact, which would chart a plan with the state for how to revive the county’s finances, is preferred by County Executive Warren Evans.
That would keep the county’s current leadership in control..."
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