MAYOR BING'S STATEMENT RE: FINANCIAL EMERGENCY IN DETROIT

Detroit Mayor Dave Bing released the following statement Friday, after Gov. Rick Snyder declared a financial emergency in Detroit:

"The governor has made his decision, and it was his decision alone to make. While I respect it, I have said all along that I do not favor an Emergency Manager for the City of Detroit. I will look at the impact of the Governor's decision as well as other options, to determine my next course of action.

"There needs to be additional conversation with Lansing regarding their plan to move the City forward. We have always said that we need help from Lansing to implement our initiatives such as public safety, transportation, lighting and others. If, in fact, the appointment of an Emergency Financial Manager both stabilizes the City fiscally and supports our restructuring initiatives which improve the quality of life for our citizens, then I think there is a way for us to work together."

"I firmly believe that Detroit's best days lie ahead, and my sole focus has been and will continue to be working to bring about the great Detroit that we all know can be achieved."

- Detroit Mayor Dave Bing