Hamtramck could be the next Michigan city to get an emergency manager.
Governor Snyder appointed a state review teamto examine the city’s finances Wednesday.
Hamtramck city officials actually asked for the state review. The tiny enclave within Detroit has struggled financially for many years.
The city was actually under state control from 2000 to 2007. Officials asked to file for bankruptcy in 2010, said this month they’re likely to run out of money within a few weeks.
A preliminary review found that unfunded pension and other post-retirement benefits are “significant obstacles to Hamtramck’s long-term fiscal health.”
The review team is expected to verify that a financial emergency does exist within 60 days—at which point the Governor will make a decision about emergency management.
