The report from Kevyn Orr says the City of Detroit is broke and at risk of running completely out of money, which could mean no paychecks, pension benefits, and bigger cuts to services. If the city cannot avert disaster, the only remaining option appears to be bankruptcy.
Orr is proposing a strategic restructuring of the police and fire departments, more cuts for transportation, and a departure from the power supply business in addition to a comprehensive labor strategy, among other things.
“In 1961, black Americans per capita in Detroit were amongst the wealthiest in the world. Since that time, we have now gone from being amongst the wealthiest per capita in this city to amongst the poorest in the nation. So his recommendations are simply based upon facts – and it is a crisis.”
Detroit’s population has also dropped from a million people to less than 700,000.
Detroit Mayor Dave Bing says he will not seek re-election. Swimp says Bing has served the city over the years, in and out of office, but he says the mayor was facing in impossible situation with special interests.
About two dozen candidates have expressed interest in becoming the Motor City’s next mayor.