State Could Intervene In Derby's Financial Practices
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Citing a lack of progress and a lack of staff in its finance department, an advisory commission could recommend the City of Derby be placed under the watch of the state\'s Municipal Accountability Review Board (MARB).
The city already meets regularly with the Municipal Finance Advisory Council, but that\'s only advisory -- MARB has teeth.
The move to MARB would put Derby finances under some degree of official state oversight. Example: cities designated as "tier II" must have budget projections on state aid and property tax revenues approved by MARB.