FOX 66 News at Ten
Gov. Rick Snyder says he's ready to announce his final determination on a review of Detroit's finances, a move that could include the appointment of an emergency manager for the city.
The announcement is scheduled for 2 p.m. Thursday in Detroit, an hour before a state board responsible for hiring emergency managers for distressed Michigan cities and public school districts is to hold a special meeting in Lansing.
Snyder has said an emergency manager selection for Detroit has to go before the Local Emergency Financial Assistance Loan Board.
Snyder's already declared a financial emergency in Detroit, saying local officials lacked a plan to solve it.
Detroit Mayor Dave Bing has said he disagrees with the governor's conclusion but expects an emergency manager's appointment.
Copyright 2013 Associated Press. All rights reserved.
Thursday, March 14 2013, 09:05 AM EDT
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