Detroit in Completely Awful Shape: New Report
Emergency manager paints bleak picture
By Newser Editors and Wire Services
Posted May 13, 2013 2:13 PM CDT
This March 14, 2013 file photo shows the skyline of the city of Detroit.   (Paul Sancya)

(Newser) – Detroit is broke and faces a bleak future given the precarious financial path it's on, according to a new report out by the city's state-appointed emergency manager, bankruptcy attorney Kevyn Orr. The report, released last night, is his first on Detroit's finances since officially taking the job in March. At that point, the city estimated its budget deficit to be about $327 million. Orr reports that Detroit's net cash position was negative $162 million as of April 26 and that the projected budget deficit is expected to reach $386 million in less than two months.

Orr described the city's operations as "dysfunctional and wasteful after years of budgetary restrictions, mismanagement, crippling operational practices and, in some cases, indifference or corruption," and slammed "outdated policies, work practices, procedures, and systems" that "must be improved consistent with best practices of 21st century government." The bottom line: "Continuing along the current path is an ill-advised and unacceptable course of action if the city is to be put on the path to a sustainable future." Click for more details. (Gawker sums up the report with just one line: "Wow, the city of Detroit is so f---ed.")

View 1 more image

Copyright 2016 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
Detroit in Completely Awful Shape: New Report is...
22%
4%
58%
5%
6%
4%
Show results without voting
You Might Like
Comments
Showing 3 of 46 comments
BenDunn
May 14, 2013 10:05 AM CDT
Bust all Unions, Dismiss city council ,FIRE THE MAYOR, and last but not least.. try to attract anyone other than black folks to live and work there, that will be a start! This is another democrat chocolate city in RUINS, good job liberal asses!
Infidel123
May 14, 2013 6:37 AM CDT
A perfect example of continued Democratic Liberal Black rule. An Obama utopia, corruption, blame ,welfare and high unemployment. Welcome to Europe West, brought to you by millions of clueless sheep who vote.
augie2
May 13, 2013 9:03 PM CDT
Section 8 = ghettos This is the bottom line. If one wants to take a nice city and turn it to ruins then section 8 is the poison.