budget deficit

Detroit Schools: Budget Deficit Smaller Than ProjectedThe district also says its losing fewer students than it has in previous years.
Financially Struggling District To Close Only High School In Highland Park School enrollment for Highland Park has dropped along with the population.
Records: Detroit Public Schools $53 Million Behind On Pension PaymentsThe cash-strapped district is paying $7,600 a day in interest penalties alone.
Official: 'Real' Cuts Needed After Shortfall Pegged At $289MState revenue is $289 million short of projections in the current budget and $527 million below expectations for next year - largely because of large companies cashing in tax credits.
Detroit Public Schools Face Drastic Cuts, ClosuresFinancial woes in the Detroit Public School District are expected to continue for the next three years and that will mean more school closings.
Audit: Detroit's Deficit Grew To Nearly $327MAn audit says Detroit's accumulated general-fund deficit is nearly $327 million.
Review Team: Allen Park Needs Emergency ManagerA team to responsible for reviewing Allen Park's finances says Gov. Rick Snyder should appoint an emergency manager to run the city southwest of Detroit.
Flint Emergency Manager Says 3 Unions OK DealsFlint's state-appointed emergency financial manager says two police unions and a firefighters union have voted to approve labor agreements with the city following talks about potential concessions.
Highland Park Mayor Focused On Deficit Elimination PlanThe mayor of Highland Park is putting together a financial team as he works to stave off the threat of an emergency manager stepping into his city.
Financial Plan: Flint Union Contracts Under ReviewFlint's city employee union contracts are under review for possible renegotiation, according to a new financial plan from a state-appointed emergency financial manager.
Council Pro Tem: Detroit Will Likely Cut Funding To Cultural InstitutionsAlthough the New Year brings promise to a struggling city like Detroit, some of the city's high-profile cultural sites could be in jeopardy.
DPS Likely To Lose Hundreds Of Teachers The Detroit Public School district has been steadily losing students over the past several years and now the district will likely be losing hundreds of teachers over the next few years.
Best Winter Festivals In Metro Detroit
Thanksgiving Parade Guide

Watch & Listen