debt

4:11 pm
Tue January 21, 2014

Audit finds Vicksburg lost $600,000 in unbilled water, sewer

Lead in text: 
The village also used money to cover debts at Angels Crossing Golf Club and to pay for several unexplained expenditures.
VICKSBURG, MI - An internal audit by the village of Vicksburg revealed "significant oversights by previous administrations" that include the loss of $600,000 due to unbilled water and sewer hookups, use of village funds to cover cost overruns at the village golf course, and "unusual expenditures."
2:50 pm
Wed December 4, 2013

More than 60 percent of Michigan college grads in debt

Lead in text: 
Last year’s college graduates had an average of more than $28,000 worth of student debt. That’s about $1,000 more than in 2011.
Michigan's 2012 college graduates each borrowed $1,000 more on average than their peers who graduated a year earlier, a report released today shows. That pushed Michigan into the 10th spot among states in average debt per graduate, according to the report from the Project on Student Debt, an initiative of The Institute for College Access & Success.
2:46 pm
Tue December 3, 2013

State approves Vicksburg's plan to get out of debt

Lead in text: 
Vicksburg will help pay off its $3.5 million debt by selling extra village properties, debt refinancing, and by cutting the village’s budget by one percent.
VICKSBURG, MI - The state has approved a deficit reduction plan for Vicksburg, the village's third attempt to reorganize and reduce its $3.5 million debt. Village Clerk Tracy Locey and Village President Bill Adams said Monday that the state notified the village of its approval in a brief letter.