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Home»Posts tagged with»Deficit

EM’s former firm bills Detroit $1.4M for 6 weeks of work

By Steve Neavling on July 9, 2013   City Government, Emergency Manager, Government, Headline, posts  

EM’s former firm bills Detroit $1.4M for 6 weeks of work

Lawyers billed up to $1,000 an hour working for the cash-strapped city.

Public, media forced out of EM meeting

By Steve Neavling on June 11, 2013   City Government, Emergency Manager, Government, Headline, posts  

Public, media forced out of EM meeting

Although Orr and his advisers were warned that as many as 1,000 Detroiters may show up, they held the event in a cramped, 250-seat venue at Wayne State University.

Gov. Snyder declares financial emergency in Hamtramck

By Steve Neavling on June 3, 2013   City Government, Emergency Manager, Featured Stories, Government, posts  

Gov. Snyder declares financial emergency in Hamtramck

A five-member review team reported that the city has run four consecutive budget deficits and began ignoring its long-term obligations, such as pension payments.

Detroit’s new EM: Pension trustees’ 22K trip to Hawaii is ‘monumental lapse of judgment’

By Steve Neavling on May 18, 2013   City Government, Emergency Manager, Government, Headline, posts  

Detroit’s new EM: Pension trustees’ 22K trip to Hawaii is ‘monumental lapse of judgment’

Four of the city’s pension trustees billed taxpayers $22,000 to fund a convention trip to Hawaii this weekend, even as the city nears bankruptcy, largely over mismanaged, underfunded pension plans.

Day before filing deadline, Bing still unsure whether he’ll run for re-election – or is he?

By Steve Neavling on May 13, 2013   2013 Mayoral Election, City Government, Government, Headline, Mayor's Office, posts  

Day before filing deadline, Bing still unsure whether he’ll run for re-election – or is he?

Bing appeared to struggle when asked about his political plans during a press conference about the city’s finances today.

Single arson drained fire resources for entire east side of Detroit; budget cuts endangering lives

By Steve Neavling on March 1, 2013   City Government, Crime & Fire, Fire, Government, Mayor's Office, posts, State of Michigan  

Single arson drained fire resources for entire east side of Detroit; budget cuts endangering lives

As Gov. Rick Snyder announces plans today to take over the city’s finances today, the state will be responsible for Detroit’s public safety crisis.

Records: Despite state intervention and bankruptcy threats, city of Detroit continues to spend at unprecedented clip

By Steve Neavling on January 4, 2013   City Council, City Government, Government, Mayor's Office, posts  

Records: Despite state intervention and bankruptcy threats, city of Detroit continues to spend at unprecedented clip

Each day, the city spent about $350,000 more than it had in revenue, raising the accumulated deficit to more than $375 million.

Steve Neavling

Steve Neavling lives and works in Detroit as an investigative journalist. His stories have uncovered corruption, led to arrests and reforms and prompted FBI investigations.

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