Friday, May 16, 2014

Orr to state lawmakers: 'We need your money'

Orr to state lawmakers: 'We need your money' | Crain's Detroit Business:
"Detroit Emergency Manager Kevyn Orr was in Lansing for the third straight week today, this time to testify before the new House committee debating sending financial aid to the city.
He came bearing a blunt message.
“We need your money,” Orr told the lawmakers.
Orr spoke before the Detroit’s Recovery and Michigan’s Future Committee, and reviewed the city’s plan of adjustment, which he said puts Detroit on an ambitious schedule that could result in the city exiting bankruptcy this summer or fall.
........The bills would send the city $194.8 million from the state’s Rainy Day Fund, as well as provide 20-year oversight of financial operations."

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