State Waiting to Hear if Detroit Will Appeal "Financial Emergency" Decision

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Mayor Dave Bing has yet to decide if he'll appeal Gov. Rick Snyder's determination that Detroit is in a financial emergency.
Bing said in a statement Tuesday that he's been meeting with various members of the Detroit City Council and continues to "weigh all available options."
Some on the nine-member council want an appeal made.
Snyder said Friday that he agreed with a review team's report on the city's fiscal condition. That could lead to the appointment of an emergency manager.
Snyder says he has a person in mind for the job.
Detroit has a $327 million budget deficit and more than $14 billion in long-term debt.
The city has until Monday to file an appeal, and a hearing would be held Tuesday.




 
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