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Detroit Financial Advisory Board

State Partnership Needed to Address Detroit's Fiscal Crisis but EFM Not the Answer

Gary A. Brown | Posted 04.24.2013 | Detroit
Gary A. Brown

Without a doubt we need the support and accountability that a State of Michigan partnership offers. We cannot address our legacy obligations alone. And, as Detroit goes, so goes Michigan.

Should Belle Isle Stay Under Detroit Control?

Posted 07.25.2012 | Detroit

Mayor Dave Bing still hasn't reached a decision regarding control of the Parks & Recreation Department's crown jewel -- the 932 pastoral acres of Detr...

Snyder's Final Pick For Detroit Financial Advisory Board

The Huffington Post | Simone Landon | Posted 05.25.2012 | Detroit

Shortly after Detroit City Council approved its version of the 2013 budget, totaling $246 million in cuts, Wednesday afternoon, Michigan Gov. Rick Sny...

Bing Picks Financial Advisers

Posted 04.27.2012 | Detroit

Detroit's consent agreement-mandated financial advisory board is beginning to fill out, as Mayor Dave Bing announced his two appointments to the nine-...

2,500 City Workers To Lose Their Jobs

The Huffington Post | Simone Landon | Posted 04.23.2012 | Detroit

The city of Detroit is set to lose a quarter of its personnel under the latest budget proposal from Mayor Dave Bing's office. The massive layoffs are ...

Simone Landon

Bing: 'I Had No Choice' | Simone Landon | Posted 04.20.2012 | Detroit

Detroit Mayor Dave Bing says he plans to return to work on April 30, after he finishes healing from intestinal surgery and a pulmonary embolism. "...

Financial Advisory Board Appointees Named

The Huffington Post | Simone Landon | Posted 04.19.2012 | Detroit

The first three members of Detroit's new nine-member Financial Advisory Board were announced Thursday, with appointments coming from Gov. Rick Snyder,...

Matt Sledge

Moody's Says Detroit Financial Advisory Board Helps Avert Bankruptcy | Matt Sledge | Posted 04.16.2012 | Detroit

A month after Moody's Investors Service downgraded more than $2.5 billion of Detroit's debt to below investment grade, the city is still under review ...

Janell Ross

In Detroit, Democracy Takes Back Seat To Financial Rescue | Janell Ross | Posted 04.09.2012 | Business

With Detroit in apparent free fall, city officials voted this week to install a nine-member financial control board with the authority to approve the ...

Simone Landon

'There Will Have To Be Cuts' Under Detroit Consent Agreement | Simone Landon | Posted 04.05.2012 | Detroit

Michigan Gov. Rick Snyder pushed an optimistic view of Detroit's future under the newly brokered financial agreement between the city and the state, d...

Matt Sledge

How Do You Solve A Problem Like Detroit? | Matt Sledge | Posted 03.29.2012 | Detroit

PHILADELPHIA -- Bankers, consultants and elected officials gathered at a conference here on Wednesday to discuss a hot political question for the form...