Detroit mayor says takeover decision could come Friday
Mayor Dave Bing says that a review team scrutinizing Detroit's poor finances could make a recommendation this week that will help determine whether there's a state takeover of the city.
Republican Gov. Rick Snyder appointed the team last month after Detroit was slow to fulfill promises to the state in a deal that allowed the city to avoid having an emergency manager take over its finances.
If the team determines Detroit is in a financial emergency, Snyder could appoint an emergency manager. Bing, a Democrat, would have 10 days to appeal.
Bing told reporters yesterday, "I think the review team - maybe on the 11th or so - will go back to the governor with a recommendation."
"Our goal is to keep going forward," he said. "I've said from the very beginning, we didn't want an emergency manager."
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