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News

Report Reveals Detroit Could Still Run Out Of Cash

September 13, 2012

A recent report from the Bing Administration to the advisory board overseeing Detroit’s finances finds that the city is again experiencing concerns over cash-flow. Current projections reveal Detroit could run out of cash by the end of the year unless the Mayor and City Council take certain steps. WDET’s Quinn Klinefelter asked Council Member Saunteel Jenkins precisely what problems are revealed in the report…