Here comes aNOTHER one, just like the OTHER one
Another Michigan city staring down the barrel of an Emergency Manager: Taylor, Michigan.
TAYLOR — The audit presentation to the City Council by Plante Moran painted some grim financial realities Saturday morning.A general fund deficit of $1.7 million was discussed, which the audit found of the fiscal year ending June 30, 2011.
An even bigger topic was a letter from the State Treasurer office the city received Thursday issuing a 30 day period to devise a financial plan to reduce the deficit.
If a “realistic financial plan” isn’t presented to the state by then, the state will move toward placing an Emergency Financial Manager in the city.
The audit also found that the city took in $51 million in revenue, but spent $56.
Taylor isn’t a mostly-African American city. It is 78.9% white. I’m sure the unions are going to be made to pay the price here, just like with all the other cities in their position because who better to pay the price for the situation than the most-vulnerable and powerless groups that didn’t have anything to do with causing the emergency in the first place?
