Mich. village succeeds under emergency manager
Three Oaks was appointed an emergency manager in 2008
In less than two weeks, voters across the state will decide the fate of Michigan's emergency manager law.
Three Oaks president Dave Grosse says if his small southwest Michigan village is an example of how the law is supposed to work, Proposal 1 should be passed.
Three Oaks was appointed an emergency manager in December 2008. A year later she was gone and the village of just over 1,000 people now has cash reserves and a balanced budget.
Proposal 1 has been among the most heated state referendums to be decided on Nov. 6. A "yes" vote retains current law.
Detractors say it allows the state to usurp control in cities and school districts with large black populations. Supporters contend the law safeguards fiscal accountability of local governmental units.