Governor declares financial emergency in DetroitSubmitted by SteveMT on Fri, 03/01/2013 - 17:15
Is martial law next and RoboCops?
Governor declares financial emergency in Detroit, calls it a "sad day"
March 1, 2013, 1:12 PM
Gov. Rick Snyder declared a financial emergency in Detroit on Friday, pushing the city closer to having a state-appointed emergency manager control its finances.
Snyder told The Associated Press that his decision on whether to appoint an emergency manager will come after the city's 10-day appeals process, but that Detroit will be "on the path" to having the state oversee its books if he turns down any such appeal. Mayor Dave Bing's office already has been notified of a March 12 hearing date, Snyder said.
Snyder called it a "sad day" but also a day of "optimism and promise because it's time to start moving forward and solving these problems." The governor also said he already has a candidate in mind for the position, but declined Friday to release details.