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Gov. Snyder Speaking on Detroit's Economic Future

Posted: 6:42 PM Apr 22, 2012
Reporter: Associated Press

DETROIT (AP) -- Gov. Rick Snyder plans to talk about Detroit's economic future at a forum Monday.

The governor's office says Snyder is participating in an event sponsored by Crain's Detroit Business and being held at the Max Fisher music center, home of the Detroit Symphony Orchestra.

Snyder's office says the governor will participate in a "working group session," then deliver public remarks at 11:15 a.m.

Snyder and Detroit officials recently reached a deal that created a joint oversight panel to monitor the city's efforts to close its budget deficit. The panel was a compromise that froze the state's move toward appointment of an emergency financial manager.

Detroit has lost most of its population and jobs over six decades, going from 1.8 million residents in the 1950 U.S. Census to 713,000 in 2010.