Detroit Mayor Dave Bing plans to meet with City Council one day after the state Treasurer’s office told the city it is in jeopardy of losing $80 million in revenue sharing.
A member of the team that declared a financial emergency in Detroit has been named to a panel tasked with helping the city pull through its fiscal crisis.
The city of Detroit has a new Chief Financial Officer under the financial stability agreement with the state.
An illegal strike is one of several options by unions upset that Detroit is trying to balance its books by laying off hundreds of workers and imposing steep concessions.
A Detroit City Council member is calling it quits, saying the consent agreement with the state was the last straw.
A certified public accountant and bank executive have been named to Detroit’s financial advisory board as part of a consent agreement between the city and Gov. Rick Snyder.
A Detroit City Council member says she is the target of death threats, following the approval of a consent agreement that’s now in place with the state — and she says she’s not alone.
Council President Pro Tem Gary Brown is encouraging his colleagues to pick former Ford Motor Company Vice President Ronald Goldsberry as one of the two council appointments to the nine member board.
Detroit’s mayor says he’s anxious to get back to work, as city and state leaders begin to put together that special financial advisory board for the city.
Gov. Rick Snyder, Treasurer Andy Dillon and Detroit Mayor Dave Bing on Wednesday named the first three appointees to Detroit’s Financial Advisory Board.