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Detroit City Council sends financial plan to state

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A general view of downtown Detroit's skyline in Detroit
A general view of downtown Detroit's skyline in Detroit

DETROIT (WKZO) -- The Detroit City Council is sending a plan to the Michigan state treasurer's office in an attempt to avoid the appointment of an emergency financial manager.  Council members say their plan goes beyond a proposal by Mayor Dave Bing, and calls for additional layoffs, worker furlough days, the sale of some of the city's assets and possible pay cuts.

Last week, Governor Rick Snyder appointed a financial review team to determine if an emergency exists.  Based on the report from the team, the governor could put Detroit under an emergency financial manager or he could require the city to sign a new consent agreement.

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