Three Oaks village president resigns

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Three Oaks Village Council

The Three Oaks Village Council met in May to discuss a budget deficit. (WSBT photo)

By Beth Boehne

Story Created: Oct 6, 2008 at 10:35 AM EST

Story Updated: Oct 6, 2008 at 10:38 AM EST

THREE OAKS — A financially strapped village in Southwest Michigan is now without its president.

Phil Smith led the Three Oaks Village Council since 2002, but has now stepped down.

Earlier this year, some town leaders became concerned about budget problems they say date back to 2005.

City officials say they might be about $600,000 in the red.

The state of Michigan could take over the community's financial books to try and stabilize the budget.

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