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.
Wednesday, May 22 2013 6:46 PM EDT2013-05-22 22:46:26 GMT
Bugs are important to our environment and can even tell us about our water quality. That's why dozens on local students have been taking part in bug hunts.
Bugs are important to our environment and can even tell us about our water quality. That's why dozens on local students have been taking part in bug hunts.
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.
Thursday, May 23 2013 9:00 AM EDT2013-05-23 13:00:12 GMT
Detroit police say a 16-year-old boy has been shot in the chest on the city's southwest side. FOX 2's Roop Raj says emergency crews were called to the scene near Sharon and W. Vernor. Thursday morning.
Detroit police say a 16-year-old boy has been shot in the chest on the city's southwest side. FOX 2's Roop Raj says emergency crews were called to the scene near Sharon and W. Vernor. Thursday morning.
Thursday, May 23 2013 7:58 AM EDT2013-05-23 11:58:41 GMT
New U.S. Census Bureau estimates say Detroit's population remained just above 700,000 last year. The figures show Detroit lost residents between 2011 and 2012, but the decline was at a slower pace than in previous years.
New U.S. Census Bureau estimates say Detroit's population remained just above 700,000 last year. The figures show Detroit lost residents between 2011 and 2012, but the decline was at a slower pace than in previous years.
Wednesday, May 22 2013 11:44 PM EDT2013-05-23 03:44:19 GMT
Find out how you can help the victims of Monday's deadly tornado that ripped through the Oklahoma City suburbs, killing two dozen and flattening neighborhoods, schools and businesses.
Find out how you can help the victims of Monday's deadly tornado that ripped through the Oklahoma City suburbs, killing two dozen and flattening neighborhoods, schools and businesses.
Wednesday, May 22 2013 11:20 PM EDT2013-05-23 03:20:38 GMT
Neighbors said he threatened them with a shotgun, then opened fire wounding two people. Now one of the victims has said he's angry the man accused of pulling the trigger is already out of jail.
Neighbors said he threatened them with a shotgun, then opened fire wounding two people. Now one of the victims has said he's angry the man accused of pulling the trigger is already out of jail.
Wednesday, May 22 2013 10:39 PM EDT2013-05-23 02:39:42 GMT
The Republicans in Lansing are pushing a new bill that would base teacher salaries on student performance. But will merit pay really help kids get a better education? Some say the answer is no.
The Republicans in Lansing are pushing a new bill that would base teacher salaries on student performance. But will merit pay really help kids get a better education? Some say the answer is no.
Wednesday, May 22 2013 10:07 PM EDT2013-05-23 02:07:10 GMT
13 dogs were rescued from a house on Ewers in southwest Detroit. The three most emaciated dogs were taken to the VCA in St. Clair Shores. They are being held in isolation for at least a week.
13 dogs were rescued from a house on Ewers in southwest Detroit. The three most emaciated dogs were taken to the VCA in St. Clair Shores. They are being held in isolation for at least a week and being treated and screened for diseases.
