EFM

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Consent Agreement Counter-Proposal Sent To City Council By Mayor

Bing says Monday in a release that a draft of the Financial Stability Agreement was sent Sunday to the nine council members.

WWJ Newsradio 950–03/19/2012

Flint Financial Manager Wants To Borrow Up To $20M

Flint’s state-appointed emergency financial manager says he wants to borrow between $15 million and $20 million to help cover past deficits in the cash-strapped city.

WWJ Newsradio 950–03/13/2012

WWJ Photo/Vickie Thomas

Charlie Langton: The Man Who’s Trying To Bring Down The EFM Law

Charlie talked with Brandon Jessup. Jessup recently led the petition drive to repeal the emergency manager law in the state of Michigan. His drive led to over 200,000 signatures, 50 boxes worth of signatures. If […]

CBS Sports Radio 1270–03/02/2012

Extension Granted To Detroit Financial Review Team

A state-appointed review team has been given up to 30 more days to determine if a financial emergency exists in Detroit, officials said Friday.

WWJ Newsradio 950–02/25/2012

Highland Park School System Facing Payless Payday

The Highland Park School district is more than $11 million in debt and the teachers and staff could be facing a payless payday on Friday.

WWJ Newsradio 950–02/23/2012

U.S. Rep. John Conyers (D-MI) (credit: Mark Wilson/Getty Images)

Conyers Holds Public Forum To Discuss Emergency Manager Law

Michigan Congressman John Conyers is hosting a forum Tuesday night to discuss the legal implications of the Emergency Manager Law.

WWJ Newsradio 950–02/21/2012

Highland Park Schools’ Emergency Manager To Meet With Parents

The man who’s in charge of straightening out the finances of the struggling Highland Park school district will begin meeting with parents Tuesday.

WWJ Newsradio 950–02/07/2012

(WWJ Photo/Vickie Thomas)

Bing Reportedly Makes Deal With Some Labor Unions

Word is circulating Wednesday morning of some major progress between the city of Detroit and its labor unions. This, in a last-ditch effort to avoid a state-appointed emergency manager.

WWJ Newsradio 950–02/01/2012

Highland Park Schools EFM Now In Place

Many parents in Highland Park are hoping that this Monday marks a new beginning for their troubled school district. Certified Public Accountant Jack Martin is now in place as emergency financial manager for the struggling district.

WWJ Newsradio 950–01/30/2012

Detroit City Council (File Photo)

City Council Frustrated By Mayor’s Pace Dealing With Financial Problems

City Council members say they’re frustrated with the slow pace of Mayor Dave Bing’s plan to stave off an Emergency Manager.

WWJ Newsradio 950–01/10/2012

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