State Removes Ecorse From Financial Emergency List
ECORSE (AP) – State officials have removed Ecorse from a list of Michigan cities operating under financial emergencies.
Gov. Rick Snyder said Tuesday that he has appointed an advisory board “to help ensure a smooth transition” and guide Ecorse “to continued financial stability.”
State appointed emergency manager Joyce Parker informed Snyder Monday that the city’s financial emergency was addressed.
Parker says Ecorse’s $14.6 cumulative deficit and $5 million structural deficit have been eliminated. Operating costs have been cut by $4.3 million each year and revenues are up.
Parker will be a member of the transition advisory board that begins work Wednesday.
Then-Gov. Jennifer Granholm determined in 2009 that the southwestern Detroit suburb was in a financial emergency.
Detroit, four other Michigan cities and three public school districts are in financial emergencies.
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