LANSING, Mich., Aug. 10 (UPI) -- Michigan's emergency manager law allows the state to control Detroit's finances for years after the city emerges from bankruptcy, experts say.
Under the law, Gov. Rick Snyder can name a Receivership Transition Advisory Board that would serve until he or his successor removes it, The Detroit News reported Saturday. All city budgets and labor contracts would have to get board approval.
Sara Wurfel, a spokesman for the governor, said Snyder's main concern is the bankruptcy process. A court hearing is scheduled for October on the city's filing.
"At the same time, the governor is always thinking ahead and wants to make sure there's a solid transition plan in place," she told the News.
Snyder has already appointed one transition board for Ecorse, a much smaller city near Detroit that emerged from emergency management in May.
"I think Ecorse will set the standard for the state under this new public act," said Robert Bovitz, an accountant in Trenton, Mich., and member of the Ecorse transition advisory board.
