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Nov 13

Paging Louis Schimmel

Comments (2) 5:30 PM posted by admin |

And the dominos begin to fall:

The State of Michigan is preparing to take over the finances of the village of Three Oaks. The Village had asked the State Treasurer for a preliminary review of their finances on June 30th. The Village then had until November 10th to request a hearing. The Village failed to do that prompting the State to name an Emergeny Financial Manager.

The Village of 1,800 is $600K in the red.

Ironically, the Village blames their financial problems on their recently redesigned web site as well as a stalled redevelopment project in the heart of town.

Oh, for crissakes, I’m kidding. Kidding. Three Oaks has only 8 employees spread among Police, Fire, Street, and Utility departments, but they are still predicting they won’t have enough money to make payroll after February.

Three Oaks is located on Michigan Ave (US12) on the west side of Michigan a few miles north of the Indiana border.

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  1. Comment by Steve PIerce
    November 14, 2008 @ 11:11 pm

    They used to be called the Village of Five Oaks but the previous Council cut down two of the trees to balance the budget.

    If they changed from a Village to a City, they could implement a City Income Tax.

    Or they could secede from Michigan and join Indiana where they have cheaper gas.

  2. Comment by Steve PIerce
    November 14, 2008 @ 11:18 pm

    On the Three Oaks website they say:

    “The Village of Three Oaks maintains high standards in the care they give to the community while efficiently managing resident tax dollars.”

    However they also say:
    The following municipalities are available to all village residents:
    # Water
    # Sewer
    # Street Repair
    # Free Public Parking
    # Tree Replacement Program

    Shouldn’t the word be services or municipal services.

    – Steve

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