emergency financial manager
Protesters take to the streets of Detroit to call on the Justice Department to intervene over a possible EFM in the city.
The Detroit City Council has voted to appeal Governor Snyder’s determination that the city does not have a viable plan to fix its finances, while Mayor Dave Bing says he doesn’t want to be party to any delay in the governor’s decision.
Mayor Dave Bing and Detroit City Council are planning their next move ahead of Monday’s deadline to request a hearing in hopes of convincing Gov. Rick Snyder to change his mind that Detroit needs an emergency financial manager.
Community activist Robert Davis believes the appointment of an emergency financial manager for Detroit would be illegal and Monday he plans on asking the Detroit City Council to review his finding and examine the possibility of a lawsuit.
One Detroit mayoral candidate says the state is exaggerating the figures in Detroit’s finances as an excuse to appoint an Emergency Financial Manager in the city.
The state-appointed emergency financial manager for Allen Park plans to cut pay for employees, including a 50 percent pay cut for the mayor and members of City Council.
Gov. Rick Snyder has signed a law that gives distressed communities the ability to choose an emergency manager or other remedies to fix their finances.
It may take days, weeks or even longer to sort out the avalanche of bills enacted in the Michigan Legislature’s lame-duck session, as majority Republicans put their stamp on policies dealing with topics as diverse as property taxes, medical marijuana and cockfighting.
The Republican-controlled Michigan House on Wednesday approved a replacement for an emergency manager law struck down by voters in the November election.
Detroit’s budget deficit exceeds $200 million and Michigan treasurer Andy Dillion says the city’s finances are eroding quicker than expected.