Governor Snyder Wants To Avoid Emergency Financial Managers

By: Associated Press
By: Associated Press

Gov. Rick Snyder says he hopes to avoid appointing emergency financial managers to most of 23 Michigan school districts with deficits that exceed $1 million.
The Republican governor told the Detroit Free Press in an interview published Tuesday that he prefers state assistance to help them avoid insolvency. Snyder says he doesn't "want to be in a position where we need an emergency financial manager." He says that's a "failure."
Snyder said last week that 23 districts are more than $1 million in debt and could have emergency financial managers appointed. The Free Press says 18 of the districts are in the Detroit area and include Detroit Public Schools, which already has an emergency financial manager.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Vicki Location: Lansing on May 4, 2011 at 01:36 PM
    WHO IS PAYING FOR THAT? WE DON'T HAVE ANY EXTRA MONEY REMEMBER SNYDER.
  • by Anonymous on May 3, 2011 at 06:35 AM
    The emergency financial manager is like those the teacher with the rod. You want to be on your best behavior and be good stewards of the money or whack.
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