detroit state review team http://michiganradio.org en Detroit mayoral candidate accuses state of inflating city's debt http://michiganradio.org/post/detroit-mayoral-candidate-accuses-state-inflating-citys-debt <p>A Detroit mayoral candidate says a state financial review team <a href="http://www.freep.com/article/20130227/NEWS01/130227060/Lisa-Howze-Detroit-mayor-candidate-says-city-s-debt-is-manageable-without-EFM?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE">vastly overstates the city’s debt burden</a>—and their motives are political.</p><p>Lisa Howze, a former state representative and an accountant, says her own calculations show the city’s debt load is just a little over $2 billion.</p><p>In its report outlining Detroit’s financial emergency, the state review team put the number at closer to $15 billion. Their report is now in Governor Snyder’s hands as he decides whether to appoint an emergency manager for the city. Thu, 28 Feb 2013 04:11:53 +0000 Sarah Cwiek 11454 at http://michiganradio.org Detroit mayoral candidate accuses state of inflating city's debt Detroit financial review team avoids court, pushes on toward deadline http://michiganradio.org/post/detroit-financial-review-team-avoids-court-pushes-toward-deadline <p>The state team reviewing Detroit&rsquo;s finances has avoided a scheduled court date&mdash;and possible contempt of court--by disbanding a controversial sub-committee.</p><p>An Ingham County Circuit Court Judge had ordered the team to appear in court Monday.</p> Mon, 12 Mar 2012 04:05:50 +0000 Sarah Cwiek 6591 at http://michiganradio.org Detroit financial review team avoids court, pushes on toward deadline