State wins Appeal, will take over Flint's finances.

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In August, the Michigan Court of Appeals overturned a July ruling by a lower court that the state did not properly consider the City of Flint's arguments against a state financial takeover. The decision paves the way for a state financial manager to assume control of the beleaguered city's finances. Following a review team's July finding that Flint officials were incapable of managing the city's finances, the state's Local Emergency Financial Assistance Loan Board voted to wrest control of local spending decisions from the mayor and City Council. With a population of 125,000...

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