detroit state review team

A Detroit mayoral candidate says a state financial review team vastly overstates the city’s debt burden—and their motives are political.

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.

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.

The state team reviewing Detroit’s finances has avoided a scheduled court date—and possible contempt of court--by disbanding a controversial sub-committee.

An Ingham County Circuit Court Judge had ordered the team to appear in court Monday.