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Bellwether for Detroit

In the controversy over the financial future of Detroit, uncertainty seems to be the most oft-repeated term. This uncertainty is attributed to the fact that no other major American city has faced the same kinds of structural problems confronting Detroit. From loss of population, abandonment of capital, to nearly half the property owners’ delinquency on taxes, we have little money to support essential servic ...

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‘No surprise’

On Feb. 19, the unofficial became official: Detroit is in a financial emergency. The state’s six-member financial review team, appointed in December, made the announcement at 4 p.m. Gov. Rick Snyder has 30 days to review the report and determine whether he will proceed with the group’s recommendation and appoint an emergency financial emergency (EFM). ...

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