The oversight board would be part of the attorney general's office.
"I don't think the oversight board knew how far down we were," she said.
And even if officials come up with a rescue plan, the oversight board might not accept it.
The oversight board is not alone in criticizing the agency's performance.
Bill has not been involved in the accounting issues the oversight board faces.
In this light, a Congressional proposal to create a new oversight board could be a good step.
The oversight board will also have the power to review "all necessary information" and to hire its own staff.
The oversight board will work with the city to return Miami to financial health.
It was word that Congress had agreed on a plan to create a new independent oversight board for the accounting industry.
One of his first major hurdles was to deal with the two state budget oversight boards.