The state auditor has given a positive response to Akron's revised financial plan.
The Akron Beacon Journal reports Ohio Auditior Dave Yost sent a three-page letter to Akron on Thursday, calling the plan "workable."
Yost rejected the city's first proposal becuase he said it lacked "substance and suffient detail." If Akron did not submit an improved plan, he said the city would be moved up to a "fiscal watch."
The city still needs to send Yost additional information that he requested by Feb. 29.
Akron will also need to submit its quarterly report to show the progress they have made by April 20.
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