Tagged: saginaw

Detroit looking to sell art from the DIA?

Detroit’s emergency manager, Kevyn Orr, is considering whether the collection at the Detroit Institute of Arts should be counted as a city asset. If so, it could be sold to help cover the city's $15 billion debt.

The DIA Executive Vice President Annmarie Erickson has hired a bankruptcy attorney to help advise how to protect the collection. However, as The Detroit Free Press reports, liquidating the art to help pay the debt would be incredibly complicated and controversial.

Hamtramck faces financial turmoil

According to a state-appointed review team, the City of Hamtramck faces a financial emergency.

The results of the investigation were released on Thursday. Six years ago, Hamtramck emerged from state oversight. Now its more than $3 million in debt. Michigan Radio’s Lindsey Smith reports, if Governor Rick Snyder agrees with what the review team found, city leaders could opt for an emergency manager.

Pre-prom shooting in Saginaw

A 17-year old female died as a result of a shooting at a Saginaw High School pre-prom party.

Three other women were also injured during the shooting and are receiving treatment. According to an MLive report by Jessica Fleischman, the incident occurred in the parking lot of the Florence Event Hall. Officials have not revealed whether the 17-year old was a Saginaw student or if suspects have been identified.

The Buena Vista school district will try to run summer camps to help students affected by the sudden cancelation of classes for the balance of the school year.

That's one of the decisions today from a meeting of state and local education officials.

The shut-down will not stop eligible seniors from graduating, or other students from advancing to the next grade. The district in Saginaw County will try to run four- to six-week camps over the summer break to help students make up what they missed, and prepare for the coming school year.

The money for those camps will not come from the state, but from federal funds.

The Buena Vista district abruptly ceased operations earlier this month. That was after the state cut off aid payments because of debts owed by the district.

It’s day four of no school for Saginaw-based Buena Vista School District, as the district prepares to declare a financial emergency.

As Mark Brush reported on Tuesday, the school district canceled classes earlier this week after teachers were laid off. The layoffs come after the district of about 450 students learned the state was withholding funding for April, May and June.

The financial storm has been brewing at the Buena Vista School District outside of Saginaw for some time, but it came to a head today.

The Buena Vista School District announced that the school is closed today and that teachers will be laid off.

A community meeting is expected to be held at 6 p.m tonight.

The District has faced declining enrollment at a time when public education funds are being cut in the state.

A new report finds three regional cities are good places to buy and rent out single family homes.

A new Realty Trac survey lists Detroit, Saginaw and Toledo among the 20 best markets in the country to own and rent single family homes. Florida cities dominate the rest of the list.

The top 20 are based on the markets with the most potential cash flow and capitalization rates on a 3-bedroom home.

Saginaw ranked second on the survey.  Toledo came in third.  Detroit ranked 15th on the list.  Memphis, Tennessee topped the Realty Trac ranking. 

Ninety new Michigan State troopers will soon be on the road.

The troopers were officially sworn in today in Lansing.

Governor Rick Snyder told the new troopers they are part of reinventing Michigan, in part by helping those communities hit hard by violent crime.