Detroit’s New $2B Budget Could Allow City To Exit State Oversight

(WWJ) Detroit Mayor Mike Duggan laid out a $2 billion spending plan for the next budget year before city council, detailing a plan that he calls historic. “Once we get this budget passed, we have the opportunity to get out from active state oversight,” Duggan said. “I don’t have enough good things to say about the way the administration and the council have worked together.” Duggan said if the 2019 balanced budget is adopted and then sent and approved by the financial review commission, they could decide to end financial oversight by April and return the city to self determination. Duggan is a member of the commission, as is state Treasurer Nick Khoury, Detroit City Council President Brenda Jones and others appointed by Gov. Rick Snyder. Detroit filed the largest municipal bankruptcy case in history in 2013, and has climbed its way back since then.

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