• Indera’s Report: City Council Headed to Lansing to Appeal Financial Manager

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    City Council To Return Budget To Bing (thumbnail)Michigan officials are set to hear a longshot appeal from Detroit council members who dispute the state’s declaration that the city has no plan to adequately fix its fiscal crisis.

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    Chief Deputy Treasurer Mary MacDowell will preside as Gov. Rick Snyder’s designee over the hour-long Tuesday hearing in Lansing.

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    MacDowell is to report back to Snyder, who will review the appeal before deciding whether to reverse his financial emergency declaration. He is expected to stand by the finding, then appoint an emergency manager to oversee Detroit’s finances.

    The city has a budget deficit of $327 million and long-term debt topping $14 billion.
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