© 2022 MICHIGAN RADIO
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
On this page you'll find all of our stories on the city of Detroit.Suggest a story here and follow our podcast here.

Review finds "A serious financial problem" exists in Detroit

State Treasurer Andy Dillon has informed Governor Rick Snyder that a preliminary review has found "a serious financial problem" exists in Detroit.

It's one of the steps toward placing the city under the control of a state-appointed emergency financial manager. The review found the city does not have a plan to address a deficit that could be as high as 122 million dollars in this fiscal year.

The next step is for a second formal review that will probably take place next week.

Rick Pluta is Senior Capitol Correspondent for the Michigan Public Radio Network. He has been covering Michigan’s Capitol, government, and politics since 1987.
Related Content