The financial review team's report on Detroit's finances is complete and is headed to Gov. Rick Snyder. His staff members tell us he'll have the report in his hands by Tuesday.
In his recent State of the City address, Mayor Dave Bing said Detroit had no emergency manager "to date." But, that could soon change as the governor pours over the financial review team's report. Sources tell a local newspaper the report outlines massive debt and the city's inability to get out from under it. The team reportedly makes it clear they do not believe the mayor and city council can fix this on their own.
"I never want to get into emergency managers if I can help it," Gov. Snyder told a crowd last week at the MGM Grand. "But the city's finances need to get stabilized, they need to get resolved, and we need to move forward."
The governor also told us he has a "short list" of emergency manager candidates but he denied a state takeover is definite.
Detroit faces $12 billion in long term debt and pension liabilities. The review team spent weeks going over Detroit's books; it was the second emergency evaluation in less than a year. Once the governor receives the report he has 30 days to decide whether to appoint an emergency manager.
Monday, May 20 2013 5:51 PM EDT2013-05-20 21:51:26 GMT
A church community in Canton is reeling over the death of a young man. He was just married on Saturday and less than 24 hours later killed in a car crash on the way to the couple's honeymoon. His bride survived.
A church community in Canton is reeling over the death of a young man. He was just married on Saturday and less than 24 hours later killed in a car crash on the way to the couple's honeymoon. His bride survived.
Wednesday, May 15 2013 9:22 PM EDT2013-05-16 01:22:48 GMT
A Detroit-based startup is taking off and installing green energy systems across the globe. They are taking a unique approach using a network of expert "freelancers."
A Detroit-based startup is taking off and installing green energy systems across the globe. They are taking a unique approach using a network of expert "freelancers."
Monday, May 13 2013 6:19 PM EDT2013-05-13 22:19:48 GMT
A suspect is in custody after a bomb scare at Westland City Hall. We're told a man held a worker hostage as SWAT teams surrounded a building on Ford Road. Nobody was hurt.
A suspect is in custody after a bomb scare at Westland City Hall. We're told a man held a worker hostage as SWAT teams surrounded a building on Ford Road. Nobody was hurt.
Saturday, May 11 2013 9:28 PM EDT2013-05-12 01:28:26 GMT
Detroit Mayor Dave Bing was among dozens of volunteers who came out to clean up various neighborhoods Saturday. It was all part of Motor City makeover, now in it's second weekend.
Detroit Mayor Dave Bing was among dozens of volunteers who came out to clean up various neighborhoods Saturday. It was all part of Motor City makeover, now in it's second weekend.
Wednesday, May 22 2013 1:44 PM EDT2013-05-22 17:44:18 GMT
Today at 2 p.m. 100 community leaders, union officials, concerned residents and Northwestern High School Alumni will protest the closure of the high school.
Today at 2 p.m. 100 community leaders, union officials, concerned residents and Northwestern High School Alumni will protest the closure of the high school.
Wednesday, May 22 2013 1:36 PM EDT2013-05-22 17:36:39 GMT
Innuendo, sexual advances and an overnight stay in Lansing -- a politician's former aide claims he had to endure a nightmare on the job. Now a sexual harassment lawsuit has been filed against Rep. Brian Banks.
Innuendo, sexual advances and an overnight stay in Lansing -- a politician's former aide claims he had to endure a nightmare on the job. Now a sexual harassment lawsuit has been filed against Rep. Brian Banks.
Wednesday, May 22 2013 10:19 AM EDT2013-05-22 14:19:38 GMT
Police say a 1-year-old boy has died after being found unresponsive in a water-filled bathtub in Flint. Police are treating the child's death Monday night as suspicious.
Police say a 1-year-old boy has died after being found unresponsive in a water-filled bathtub in Flint. Police are treating the child's death Monday night as suspicious.
Wednesday, May 22 2013 9:45 AM EDT2013-05-22 13:45:43 GMT
Authorities say a 72-year-old suburban Detroit woman has been arrested after firing a shot from a .38 caliber handgun at her daughter during an argument.
Authorities say a 72-year-old suburban Detroit woman has been arrested after firing a shot from a .38 caliber handgun at her daughter during an argument.
Wednesday, May 22 2013 7:38 AM EDT2013-05-22 11:38:56 GMT
A memorial service is this weekend for a newly married Detroit-area youth minister who was killed in a traffic accident as he and his wife were en route to their honeymoon in Myrtle Beach, S.C.
A memorial service is this weekend for a newly married Detroit-area youth minister who was killed in a traffic accident as he and his wife were en route to their honeymoon in Myrtle Beach, S.C.
Wednesday, May 22 2013 2:28 AM EDT2013-05-22 06:28:15 GMT
More than 2,000 people were in attendance to hear Donald Trump speak at Oakland County's Lincoln Day Dinner. Before the event, he told reporters he believes Detroit is "on the right path."
More than 2,000 people were in attendance to hear Donald Trump speak at Oakland County's Lincoln Day Dinner. Before the event, he told reporters he believes Detroit is "on the right path."
