Gov. Rick Snyder is expected to make an announcement on Friday regarding the future of Detroit’s finances.
Snyder said last week that he would likely make a decision this week on whether to appoint an emergency financial manager for the city of Detroit.
Mayor Dave Bing, attending a policy conference today in Detroit, said he spoke with the governor this morning but would not say what Snyder told him his decision was, saying only "that he's going to let the governor make his announcement tomorrow," said spokesman Bob Warfield. But Bing said he doesn't expect Snyder to name a person into that position on Friday.
Source: Detroit Free Press. Read full article. (link)