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