Allen Park to ask state for review of its finances
Updated On: Mar 21 2012 04:20:41 PM EDT
The Detroit suburb of Allen Park plans to ask the state for a preliminary review of its finances, a step that could lead to the appointment of an emergency financial manager.
The City Council voted 5-2 Tuesday night to request the review.
Mayor William Matakas and Mayor Pro Tem Bob Keenan voted against the measure. Matakas says he was elected to govern and the request is "premature."
The city's treasurer's office said a letter to the state was awaiting final changes and would be sent out Wednesday.
The decision comes as the city struggles to erase a $1.6 million deficit. Falling property values and a failed movie studio development project are blamed in its problems.
Last year, state Treasurer Andy Dillon rejected a request by a resident to begin a financial review. The emergency manager law does not give individual residents standing to request a review.