Financial review team's report headed to Gov. Synder
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By Robin Schwartz, Fox 2 News -
DETROIT (WJBK) -
The financial review team's report on Detroit's finances is complete and is headed to Gov. Rick Snyder. His staff members tell us he'll have the report in his hands by Tuesday.
In his recent State of the City address, Mayor Dave Bing said Detroit had no emergency manager "to date." But, that could soon change as the governor pours over the financial review team's report. Sources tell a local newspaper the report outlines massive debt and the city's inability to get out from under it. The team reportedly makes it clear they do not believe the mayor and city council can fix this on their own.
"I never want to get into emergency managers if I can help it," Gov. Snyder told a crowd last week at the MGM Grand. "But the city's finances need to get stabilized, they need to get resolved, and we need to move forward."
The governor also told us he has a "short list" of emergency manager candidates but he denied a state takeover is definite.
Detroit faces $12 billion in long term debt and pension liabilities. The review team spent weeks going over Detroit's books; it was the second emergency evaluation in less than a year. Once the governor receives the report he has 30 days to decide whether to appoint an emergency manager.
Monday, May 20 2013 5:51 PM EDT2013-05-20 21:51:26 GMT
A church community in Canton is reeling over the death of a young man. He was just married on Saturday and less than 24 hours later killed in a car crash on the way to the couple's honeymoon. His bride survived.
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A suspect is in custody after a bomb scare at Westland City Hall. We're told a man held a worker hostage as SWAT teams surrounded a building on Ford Road. Nobody was hurt.
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The National Weather Service has extended a tornado warning for northwestern Sullivan County in central New York. The warning is in effect until 2:15 p.m.
The National Weather Service has extended a tornado warning for northwestern Sullivan County in central New York. The warning is in effect until 2:15 p.m. Anyone in the path of the tornado, seek shelter in a basement or an interior room away from windows.
Wednesday, May 22 2013 1:00 PM EDT2013-05-22 17:00:29 GMT
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Wednesday, May 22 2013 12:10 PM EDT2013-05-22 16:10:42 GMT
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Wednesday, May 22 2013 8:23 AM EDT2013-05-22 12:23:21 GMT
Ex-congressman Anthony Weiner whose career imploded after raunchy tweets said in a YouTube video announcement that he's in the New York City mayoral race.
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Wednesday, May 22 2013 1:44 PM EDT2013-05-22 17:44:18 GMT
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Wednesday, May 22 2013 1:36 PM EDT2013-05-22 17:36:39 GMT
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Wednesday, May 22 2013 9:45 AM EDT2013-05-22 13:45:43 GMT
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Wednesday, May 22 2013 7:38 AM EDT2013-05-22 11:38:56 GMT
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Wednesday, May 22 2013 2:28 AM EDT2013-05-22 06:28:15 GMT
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