financial stability agreement

Detroit, State Discuss Plans For Belle Isle Park

A gem to some and wreck to others, Detroit’s Belle Isle has become the latest bone of contention between state officials offering to operate the poorly managed park and what some in the city see as too much outside interference.

WWJ Newsradio 950–08/03/2012

(WWJ Photo/S.L. Stoddart)

Detroit Financial Board OKs Plan For Union Cuts

A board created to help Detroit Mayor Dave Bing repair the city’s broken finances has approved his plan to make more than $100 million in cuts to the unionized workforce.

WWJ Newsradio 950–07/13/2012

(credit: istock)

Bank Extends Detroit Deadline, Delays Cash Crunch

A bank is extending a deadline on a bond transaction that will let the city of Detroit get most of June’s revenue sharing payment from the state.

WWJ Newsradio 950–07/04/2012

Judge Hears Lawsuit Over Detroit Financial Deal

An Ingham County judge is holding a hearing on Detroit’s top lawyer’s challenge to a consent agreement between Michigan and the deficit-ridden city.

WWJ Newsradio 950–06/13/2012

Rick Snyder - Dave Bing (Credit: Getty Images)

Bing Demands City Lawyer Drop Lawsuit Opposing Consent Agreement

Detroit Mayor Dave Bing is now ordering the city’s top lawyer to drop a legal challenge over the city’s consent agreement with the state.

WWJ Newsradio 950–06/12/2012

Detroit Mayor Dave Bing meets with City Council in a special session. (WWJ Photo/Vickie Thomas)

Mayor Bing: 4 Days Until Detroit Goes Broke

After an hour-long discussion between Detroit Mayor Dave Bing and City Council, still no decision has been made regarding a controversial lawsuit against the state.

WWJ Newsradio 950–06/11/2012

jack martin

Jack Martin Named Detroit’s New CFO

The city of Detroit has a new Chief Financial Officer under the financial stability agreement with the state.

WWJ Newsradio 950–05/10/2012

Detroit City Councilman Kwame Kenyatta

Detroit City Council Member Calls It Quits

A Detroit City Council member is calling it quits, saying the consent agreement with the state was the last straw.

WWJ Newsradio 950–05/02/2012


2 More Named To Detroit Financial Advisory Board

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.

WWJ Newsradio 950–04/28/2012

Detroit Mayor Dave Bing (Bill Pugliano/Getty Images-File)

Detroit Mayor Eager To Return To Office

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.

WWJ Newsradio 950–04/20/2012