Inkster's Money Problems Could Lead To State Takeover
City Needs Estimated $6 Million State Loan
A state official is looking at Inkster's finances in the first step that could ultimately lead to state takeover.
During Monday's City Council meeting, the treasurer painted a bleak picture of the days ahead.
The city's cash flow could run dry if leaders do not ask for an estimated $6 million state loan.
"We are just trying our best as a community to keep it together," said City Manager Ron Wolkowicz.
Talk of a state-appointed emergency financial manager dominated Monday night's conversation.
City leaders and residents say they are fearful of such an ultimatum.
Detroit Public Schools, Pontiac, Ecorse and Benton Harbor are under a state-appointed emergency financial manager.
Highland Park Public Schools and Flint are also under state review.
Related:
- September 6, 2011: Inkster Could Lay Off 15 Police Officers
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