March 27, 2013 at 1:00 am

Today's Q&A: What happens to the Financial Advisory Board?

Q: Under emergency management, what happens to the Financial Advisory Board charged with carrying out portions of the city's consent agreement?

A: The Financial Advisory Board remains in place and in effect, according to the state Treasury Department. The board's compensation and reimbursements are paid by the city, with a 50 percent reimbursement from the state. The board's next meeting is April 8.