Detroit mayor announces furloughs to avoid bankruptcySubmitted by emalvini on Fri, 11/23/2012 - 13:58
Detroit mayor announces furloughs to avoid bankruptcy
Detroit City Council is balking at next step in a state plan to restore financial stability to the embattled city, delaying a $30 million infusion of state funds.
By Mark Guarino, Staff writer / November 21, 2012
In order to make up for a $30 million shortfall expected by year's end, Detroit Mayor Dave Bing announced on Wednesday that city employees will take unpaid furloughs and that he would implement “other cost-savings actions” starting the first of January.
“We will ensure that revenue-generating departments are not impacted by these cost-cutting measures. Most importantly, I want our citizens to know that public safety will not be jeopardized,” he said in a statement.
The cutbacks are a response to the latest pushback from the Detroit City Council over demands by state officials to bring long-needed financial stability to the city.