Trio of Troubled Michigan Cities Face Uncertain Futures
- Terms Set for Hamtramck, Mich., to Control Finances. Carvlin, Elizabeth // Bond Buyer;8/13/2003, Vol. 345 Issue 31698, p7
Reports on several requirements set by Michigan's Emergency Loan Board regarding control of finances of the city of Hamtramck under state's first appointed financial manager Louis Schimmel as of August 13, 2003. Reason behind the desire of Schimmel to make changes to a contract that would...
- Schimmel Leaves Hamtramck. Carvlin, Elizabeth // Bond Buyer;3/1/2006, Vol. 355 Issue 32329, p33
The article reports on the resignation of Louis Schimmel as the state-appointed financial manager for Hamtramck in Michigan. According to Schimmel, he has accomplished what he was set out to do in the financially troubled city. Lansing appointed Schimmel in 2000 to return the city to fiscal...
- N. Y. C. Council Proposes 2005 Budget. McDonald, Michael // Bond Buyer;3/30/2004, Vol. 347 Issue 31852, p2
Focuses on the New York City Council's proposed budget for fiscal year 2005.
- Orlando Council OKs Team for Community Venues Plan. Sigo, Shelly // Bond Buyer;5/18/2006, Vol. 356 Issue 32384, p4
The article reports on the approval of the 750,000 thousand dollars worth of contracts by the city council for a team of financial planners and bond counsel to formulate a scheme to construct a performing arts center and renovate sports facilities in Orlando, Florida. The officials also plan to...
- Exit strategy. Thatcher, Mike // Public Finance;10/8/2004, p4
Comments on the support of the councils in Great Britain for the Local Area Agreements (LAA). Lack of alternative sources of funding in the local government; Benefits offered by the LAA for the councils; Factors influencing the success of the new agreements.
- Local authorities given a chance of freedom. Day, Karen // Public Finance;10/8/2004, p6
Reports that the British government has launched 21 pilot Local Area Agreements (LAA), a scheme aimed at giving councils more funding control. Pilots for LAA; Terms of the scheme; Negotiation between the Local Government Association and the Office of the Deputy Prime Minister over the amount of...
- Scots settlement won't avert tax rises. Scott, David // Public Finance;12/17/2004-1/6/2005, p11
Reports that council leaders in Scotland have warned that the Executive's funding settlement for local government will not be enough to prevent substantial council tax rises over the next three years. Increase forecasted for 2005/06; Councils required to produce indicative council tax figures...
- Tax cap threat to errant councils. Meilton, David // Public Finance;4/2/2004, p15
Reports on whether any councils will be capped, after unveiling the lowest average council tax rise for several years in Great Britain. Average rise in Band D properties; Formation of a team to ensure that any intervention is legal.
- Town halls 'surpassing' Â£1.2bn target. Conrad, Mark // Public Finance;7/22/2005, p7
Reports on the possibility that England's councils could exceed their efficiency target for 2005/06. Results of a comprehensive study of local authorities by IPE, the commercial arm of Chartered Institute of Public Finance and Accountancy; Efficiencies achieved by the councils in 2004/05.