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Last updated 3:37PM ET
July 17, 2018
WOUB Local News
WOUB Local News
Coalton Released from Fiscal Emergency
(WOUB) - Coalton has been released from fiscal emergency.

The village was placed in fiscal emergency more than fifteen years ago because of deficits.

The release dissolves a state Financial Planning and Supervision Commission that was established to develop, adopt, and implement the village's financial recovery plan.

Members of the Auditor of State's Local Government Services section are serving as financial advisors to assist the village with its economic recovery.

The section is a consulting and fiscal advisory group to all governmental agencies and subdivisions.
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