Board finds financial distress in Highland Park - FOX 10 News | fox10phoenix.com

Board finds financial distress in Highland Park

Posted: Updated:

LANSING, Mich. -- A state board has determined that the city of Highland Park is encouraging probable financial distress.

The finding by the Local Emergency Financial Assistance Loan Board on Monday means Gov. Rick Snyder will next appoint a review team.

An emergency manager ultimately could be appointed under state law. Other options for the city could include a consent agreement or bankruptcy.

The board on Monday also determined there is no probable financial distress in Ecorse Public Schools. A similar hearing is scheduled Wednesday for Royal Oak Township.

  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices