Search for “Detroit already bankrupt”

… conventional school district in Detroit is, by most measures, the … illegal. But officials of the Detroit Public Schools Community District … current owner to sell it to Detroit Prep Charter Academy, a highly … for the building, “which is already 20 percent more than the developer’s … district. But the recently bankrupt district would rather turn … more

… originally appeared in the Detroit Free Press on May 18, 2014.) Proponents of a $195 million Detroit bailout, Gov. Rick Snyder … represent voters outside Detroit, however, are hesitant and … promised.    Opponents have already mounted a defense, claiming … the city. First, it went bankrupt “openly and notoriously,” … more

… are pitching a storyline in Detroit of a bankrupt city in need of more revenue, the city already collects hundreds of millions … state allows only the city of Detroit to collect a "utility users' … $350 million bailout for Detroit. A recent poll shows the bailout … more

… Schools Get State Bailout — Already Receive $14,000 Per Student … Turns Down $270K Savings Detroit Could Sell Off Assets to Avoid … Spends 'More Money Than Ever' Detroit Exhausts Its Options 31 Gym … Mythbusted: Overcrowding in Detroit Classrooms Royal Oak Schools: … Hamtramck: Giving Raises and Going Bankrupt "Similar 'Fiscal Malpractice' … more

Detroit is bankrupt and required a $195 million bailout from … poverty," Larson said. "We have a bankrupt city that we are bailing … our taxpayers, when we're already broke here?" he said. "I mean, … when they're making billions already in profits. What's the thinking … more