DETROIT (WXYZ) - Detroit Mayor Dave Bing issued a statement in response to the findings released by the state's financial review team Tuesday afternoon.
During a news conference Tuesday, the review team concluded that the city is in a financial emergency and does not have a plan to fix it.
The report has been sent to Governor Snyder, who could decide to appoint an Emergency Financial Manager.
Mayor Dave Bing responded to the report with the following statement:
"Certainly I am not surprised by the findings of the State's financial review team. My Administration has been saying for the past four years that the City is under financial stress.
"If the Governor decides to appoint an Emergency Financial Manager, he or she, like my Administration, is going to need resources -- particularly in the form of cash and additional staff.
"As I have said before, my Administration will stay focused on the initiatives that most directly impact the citizens of Detroit: public safety, public lighting, transportation, recreation and neighborhood blight removal."
-- Mayor Dave Bing