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

By: Associated Press
By: Associated Press

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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  • by mike Location: lansing on Mar 6, 2013 at 01:54 PM
    Detroit needs money don't we all,so go after the ex mayor,pay up or get locked up.
  • by Name Location: Location on Mar 6, 2013 at 08:21 AM
    Now the mayor should be smart and hold an emergency city council meeting and get everyone one the same boat. Can Bing to lansing and be our mayor.
  • by MartyM Location: Hollywood on Mar 6, 2013 at 05:31 AM
    I really think that everything and everyone is in a financial emergency these days. So far I have not heard about any state that has let’s say a normal financial situation in it. All of the cities struggle with fast payday loans, credit cards overdraft. Let’s take Florida, for instance, the foreclosure rate has rose 40% compared to the last year. It is insane, don’t you think so? Looks like Detroit is not an exception unfortunately. But you know, they say that 2013 should become a very successful for monetary improvements. Good luck Detroit!
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