For the first time in two fiscal years, the city will not have to borrow to meet operating expenses. The current fiscal year budget is balanced, with general fund revenues expected to outpace expenditures.
During the past 26 months, Detroit City Council has been more fiscally conservative than the Bing administration, when it comes to managing the City of Detroit's finances. We are reformers who have restored order and unity.
In Michigan's largest city, 67 percent of children live in poverty. How can they not? Unemployment in Detroit is thought to be close to 50 percent by the city's mayor.
Whether you count yourself as a member of Detroit's revival community or you are burnt out, disgusted and sitting on the sidelines, it's time for us to dig in and push ourselves to the next level.
No irony is lost in the fact that two of Detroit's biggest companies, GM and Chrysler, went through bankruptcy in 2009 and have emerged stronger. Municipal bankruptcy is considered by many to be a last resort for localities in fiscal trouble.
Typically, when re-drawing boundaries, legislators -- local, state and federal -- create districts and then present them to the public as a final product. My colleagues and I desired a more open process.
What will be interesting to watch in the 2012 elections for Detroit City Council will be to see which of the winners pulls in the most in campaign donations from her/his own district.
If an emergency manager were to be assigned, a potential outcome would be the sale of Belle Isle. If Detroit is a black city, then Belle Isle is black land. It is precious, peaceful, protected land held in trust for the people of the city.
As a former Marine, I am well aware of the plight, roadblocks and lack of information plaguing our veterans. Michigan lags far behind other states in accessing veterans' benefits.
Go anywhere around the city, in the barbershops, around the water coolers at work and on local talk radio and the discussion regarding where to lay bl...
Recent legislation from Governor Snyder and the Michigan state legislature has sought to strip away power from local municipalities and from the people. At the top of the list is the whole concept of the Financial Manager.
It's becoming increasingly clear that it's game over for Mayor Bing. So now the push will begin: How to best deal with Mayor Bing, particularly at a time when the city is in such financial peril.
Cutting expense alone is overly simplistic and shortsighted. To be successful, Detroit must cut expense and increase its revenues. With a workable and attractive plan for the future, Detroit can be great again.
When we fail to fix the structural costs and deliver a workable plan-of-action to pay down our debt in the City of Detroit, we jeopardize future prosperity. We must transform a spendthrift culture to one of fiscal responsibility.
Mayor Bing and others have made the statement that Detroit should be run by Detroiters. The only problem with Mayor Bing's statement is when you have unqualified Detroiters operating Detroit.
We need the cooperation of the entire region including: business, labor, faith based groups, and others to come to the table and offer their vision and solutions to help guide Detroit forward.