Detroit Mayor Dave Bing acknowledged Wednesday that the emergency management will be appointed for the supervision of the financial position of the Detroit and said he will not participate in the city's attractiveness report criticized local officials to deal with economic turmoil.
City Council passed a resolution authorizing Governor Rick Snyder found that an external monitoring body is necessary, because Detroit is not a good plan to get rid of it in a financial emergency appeal.
The soldiers, joined the appeal or submit their own choice, he told reporters, emergency hedge managers see no way, even though he opposed.
"We need to end the drama and infighting and understand, whether we like it or not, the emergency financial manager to Detroit," Bing said.
Under Michigan law, emergency management personnel have the right to develop a financial plan, renegotiate labor contracts, modify and approve the budget, to help control spending, the sale of part of the assets of the city and wage pause elected officials.
Snyder said he agreed with a state-appointed review team spent two months into Detroit finances. The city's budget deficit is $ 327 million. It also has more than 14 billion U.S. dollars of long-term debt, and had trouble in recent months wages and pay other bills.
The case of the date of the hearing he plans next Tuesday, he appealed the verdict. Mary McDowell, Executive Vice director will chair the hearings In Bluestar Snyder assignment, spokesman Terry Stanton said.
, "Stanton wrote in an e-mail to The Associated Press:" There is no statutory time limit governor to confirm or revoke the decision, financial emergency in Detroit.
Bing said he met Snyder in Lansing, concluded that efforts will be in vain to stop a manager.
The Republican governor said, he has been the work of the emergency management of a person in mind, if he decided to Detroit needs a way out of the fiscal mess.
"For me, I do not mind fighting, but I'm not stupid," Bing told The Associated Press on Wednesday morning. "If I know I want to fight, I did not win, why in the hell, I should be in this fight? Walking distance of my better to fight another day."
Committee Chairman Charles Pew said he is hopeful, hope and Snyder ultimately may not be appointed manager and municipal officials to try a variety of ways, we can. "
Bing said his objection to the report of the review team, determined that Detroit has no plans to meet part of its financial emergency. The soldiers also said his problem, if Detroit is responsible for the budget problems in the city's 36th District Court.
As of June 30, the court has outstanding receivables of $ 279 million, according to the report of the review team. Of this amount, it is estimated that some $ 199 million is owed to the city.
The beginning of this year, an official of the court, did not take any action to reduce expenditure budget of 285, 350 workers, said the review team.
Financial monitoring agency appointed by Snyder, Bing said he intends "," cooperation, rather than confrontation with the Blue Star.
"The city has credibility battle, battle, battle, so we end conflicts," the soldier told the Associated Press. "When we do this, the city lost."
 



Other News:
Detroit mayor opposes financial emergency appeal
Venezuela - the Next Risk for Oil Markets
U.S. offers Egypt budget aid after Mursi assurance on IMF
House votes to prevent March 27 federal shutdown
Kenyatta takes early lead as Kenya counts votes
With record highs in sight, stocks face roadblocks
Poland lowers key interest rate to 3.25 percent
Asia stocks rise as China announces budget