Michigan State Treasurer Andy Dillon and his financial review team released a report on Detroit's fiscal situation at a press conference in Cadillac Square on Tuesday. The team considered whether a state-appointed emergency manager was needed for the struggling city. Here are updates on that report from the Detroit Free Press. Dillon opened by saying, "We believe there's a financial emergency in place in the city [of Detroit] and there's no plan in place to correct it." The treasurer says financial review findings were unanimous.
State Financial Review Finds Cash Emergency in Detroit
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