State board finds fiscal emergency in Wayne County

moneyA state board has determined Michigan’s most populous county faces a fiscal crisis.

The governor will have 10 days to decide whether he agrees that Wayne County is in dire straits. But no one expects the governor will take that long.

Terry Stanton is with the state Treasury, which led the review. He notes the process has already moved quickly.

“I would expect that the governor’s determination would come sooner rather than later,” said Stanton.

A “yes” determination would give Wayne County Executive Warren Evans a stronger position to get concessions from unions and the county commission. Evans says he does not expect the county to follow Detroit into bankruptcy.