fiscal crisis

For Flint, Michigan, new machine-readable disclosure standards which have sparked controversy across the muni market represent a "quantum leap" for the city's finances, its CFO said. "If you're asking me, it's about time that we modernize and...

Michigan has had its share of disasters. Dams collapsed after heavy rains, flooding Midland. A sinkhole the size of a football field was caused by a sewer collapse in Macomb County. And in Flint, children were exposed to lead-contaminated...

Michigan has had its share of disasters. Dams collapsed after heavy rains, flooding Midland. A sinkhole the size of a football field was caused by a sewer collapse in Macomb County. And in Flint, children were exposed to lead-contaminated...

Michigan has had its share of disasters. Dams collapsed after heavy rains, flooding Midland. A sinkhole the size of a football field was caused by a sewer collapse in Macomb County. And in Flint, children were exposed to lead-contaminated...

Michigan has had its share of disasters. Dams collapsed after heavy rains, flooding Midland. A sinkhole the size of a football field was caused by a sewer collapse in Macomb County. And in Flint, children were exposed to lead-contaminated...

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Many of Michigan's local government leaders think fringe benefits given to their jurisdictions' employees are too generous, but they are not overpaid, a new University of Michigan study finds.In addition, many of these leaders also believe employees...