Podcasts & RSS Feeds
Most Active Stories
- No, Chinese investors aren't 'buying up Detroit' – but they do have an eye on the Motor City
- The average Michigan family needs $52,330 a year to 'make ends meet'
- Here are our 10 favorite photos of what your winter looks like
- What all the snow and ice will mean for Great Lakes water levels
- Michigan's Attorney General is risking his political future over the gay marriage case
Thu January 5, 2012
Detroit City Council to discuss Mayor Bing's budget plan
The Detroit City Council has scheduled a discussion of Mayor Dave Bing's budget reduction plan. It's set for Thursday afternoon.
A review team is looking into Detroit's finances - a step in a process that could lead to Michigan taking over the city's government. Its recommendations will be forwarded to Gov. Rick Snyder.
A preliminary review determined there was "probable financial stress" in city government and that Detroit faces a general fund deficit of about $200 million. Auditors say Detroit may run out of money as early as April.
Bing, the council and city labor union leaders have been collaborating to convince the state that an emergency manager is unneeded.
Bing has said he'll cut 1,000 jobs early this year to save about $14 million.