State auditor formally requests financial receivership for East Cleveland

State auditor formally requests financial receivership for East Cleveland

State Auditor Keith Faber called the receivership "the only viable option left" for East Cleveland. His request to the attorney general was made possible under a new state law.

'Don't take a beatdown': Mixed views on East Cleveland receiver

The news that the state auditor would place East Cleveland in receivership “hit us all like a lightning bolt,” the city’s law director said Tuesday.  Now this suburb in fiscal emergency is thinking about striking back in court. East Cleveland might sue to stop a court-appointed receiver from taking over city spending decisions.  City leaders and residents debated the prospect of a lawsuit at a City Council meeting Tuesday night. Council could me…