Exclusive: Mayor Bing Says $20M In Additional Funds Found

DETROIT (WWJ) – Detroit Mayor Dave Bing says that the city has more money coming in to offset possible budget cuts.

Speaking exclusively to WWJ Newsradio 950’s Vickie Thomas at a campaign breakfast at the Renaissance Center, Mayor Dave Bing said he is getting his hands on $20 million in resource recovery money that’s been in escrow for years now.

“Before this week is out, we’ll have an agreement there that they will sign off on, and I’ll get that $20,000 million. Then, the revenue sharing, an additional $10 million is coming from the state … So, that gives us $30 million in additional revenue,” Bing said.

“If you subtract that $30 (million) from $50 (million), we’re down to $20 (million) … I can work with $20 (million). I don’t like it, because I’m still going to have to make cuts, but at least I can work with it,” Bing said.

Hear more from Mayor Dave Bing:

Last week, City Council voted eight to one to override Mayor Bing’s veto of their $50 million in additional cuts to his budget.

While council members have called it “scare tactics” Bing said you can’t just cut $50 million from a city’s budget and expect that there will be no repercussions.

“If somebody can tell me how you could take away money and not negatively impact services I guess I missed a course. I don’t understand that,” the Mayor said.

Bing said these newfound funds will help fill that hole, but there will still be some reductions to city services.

– Read a related story –

Stay with WWJ and CBSDetroit.com for the latest on the Detroit budget battle.

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  • Jim

    Sounds like what Jenny found a few years back. And how did Kwame miss that much money? Is accounting help needed in the city? I’m just sayin’.

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