Financial Review Team
Detroit’s unions are fuming over possibly losing some of their organized labor muscle in the agreement being worked out between the city and the state over Detroit’s finances.
Governor Rick Snyder is taking part in a town hall meeting Wednesday to discuss Detroit’s financial situation.
Detroit City Council has voted 6-3 to approve a request from the mayor’s office giving Mayor Dave Bing permission to issue bonds to keep the city from running out of cash this spring.
More than 50 protesters disrupted a financial review team meeting as they worked to decide if an emergency manager should be named to run Detroit.
This now opens the door for the city and state to move forward on a Monday deadline in which the financial review team will either recommend a consent agreement or an emergency manager for the city.
The Michigan Court of Appeals will decide if a lower court’s ruling that the Detroit review team violated the state’s Open Meetings Act should stand.
Leaders in Allen Park plan to ask the state for a preliminary review of its finances, a step that could lead to the appointment of an emergency financial manager.
As directed by the court, Governor Rick Snyder’s Detroit Financial Review Team conducted a meeting open to the public.
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.
Meeting in public under a court order, a state-appointed review team determined for the second time that a financial emergency exists in Highland Park Public Schools, a district facing the threat of a payless payday by week’s end.
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