Detroit Mayor Dave Bing speaks on city cash crisis

Photographer: WXYZ
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Posted: 11/21/2012

By: WXYZ.com Web Staff

DETROIT (WXYZ) - Detroit Mayor Dave Bing held a news conference at 2:00 p.m. Wednesday to speak about Detroit's cash crisis.

Bing announced there will be more furlough days for city workers beginning January 1.

The announcement is in response to the city's projected $30 million shortfall.

A majority council vote stopped the Miller Canfield law firm from moving forward with advising Mayor Dave Bing during the financial situation in the city. A shot against the Milestone Agreement which was put in place to ensure money for the city, $10 million in bond money in November and $20 million in December.

Read more: http://www.wxyz.com/dpp/news/region/detroit/Council-delays-vote-on-contract-tied-to-overhaul-#ixzz2CsLEBeew

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