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

… wasn’t enough to prevent Detroit from going bankrupt. That is because properly … administrative reform to Detroit. He proposed major improvements … amount of reform would enable Detroit to pay this debt back in full. … agreement from creditors. Orr already is making headway on the city's … 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

… Heights, Highland Park and Detroit because they are run by emergency … top the state in spending. Detroit was the fifth-highest spending … for five consecutive years, Detroit Public Schools had been in … alternative is … these districts go bankrupt and none of these teachers … Schools Get State Bailout — Already Receive $14,000 Per Studen … more

… PublicSectorInc.org on March 12, 2014.) Detroit’s bankruptcy case continues … partial state bailout. But Detroit’s recent history is littered … been nearly 40 years since Detroit’s Renaissance Center opened … reducing its debt in bankruptcy, Detroit will free up funds to reinvest … people. This will weaken an already dangerously soft tax base. … more