Overview
- Auditor Keith Faber on Monday asked Attorney General Dave Yost to start legal proceedings enabled by a statute that takes effect Tuesday.
- The attorney general must petition the Ohio Court of Claims before any receiver is appointed, and no filing has been announced.
- Faber cited prolonged fiscal distress, noting a current 13-year emergency and a prior 17-year stretch from 1988 to 2006.
- He reported operating deficits in 10 budgeted funds, bills being held for lack of cash, unpaid lawsuit settlements, and the absence of a recovery plan.
- If approved, a receiver could impose cost reductions and enforce a financial recovery plan as East Cleveland’s population has declined to a little over 13,000.