Ohio’s "fiscal emergency" process guards against bankruptcy
The 1978 law that created Ohio’s fiscal emergency process is currently helping 24 local governments and six school districts stay out of bankruptcy, Dayton Daily News and The Columbus Dispatch report. With just under 40,000 residents, Mansfield is the largest city in fiscal emergency, while the Village of Manchester in Adams County has been "in fiscal emergency for more than 15 years," the article said. For more, read the full story.
