Governor Appoints 6 to Detroit Financial Review Team
The state moved a step closer to taking over the financial ruins of the city of Detroit.
WDIV reported that Gov. Rick Snyder has appointed a six-member financial review team to examine city's financial situation.
The move comes after the Michigan Department of Treasury conducted a preliminary review of the city's finances.
WDIV reports that Snyder said in a statement that "given the financial crisis that continues to grip the city of Detroit, we must move quickly to ensure city residents have continued access to essential services they expect and deserve. Therefore, I am requesting that this team conduct an expedited review of the city’s finances."
The review team includes: Andy Dillon, State Treasurer; Thomas McTavish, Auditor General of the State of Michigan; Ken Whippel, chairman of the board of Korn/Ferry International, member of Detroit Financial Advisory Board; Darrell Burks, senior partner, PricewaterhouseCoopers, member of Detroit Financial Advisory Board; Dr. Ronald Goldsberry, consultant, Deloitte Consulting, member of Detroit Financial Advisory Board; Frederick Headen, legal advisor for the Michigan Department of Treasury.