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Michigan Treasurer sets course for Detroit Financial Manager

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DETROIT (WKZO) -- Detroit officials are bracing for the start of a state review that could lead to the appointment of an emergency financial manager.  State Treasurer Andy Dillon met with the mayor's staff and city council members this week about a lack of progress towards solving short and long-term financial shortfalls.

An EFM appointment could happen by February after reviews by the treasurer's office, although city council is scheduled to vote next week on budget restructuring elements.

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