Michigan officials Monday said they would give Detroit an additional 30 days to complete a long-overdue 2006-2007 audit. The extension to Dec. 31 was granted when city officials agreed to submit a plan to finish the audit, including providing weekly updates.
Detroit also has the option of an additional extension, according to Mayor Ken Cockrel Jr., who said in a statement Monday that it was likely the audit would not be finished until February.
“Since I became mayor, I have worked to clean up Detroit’s finances and kept in close contact with the governor, secretary of state, and state treasurer on our progress, in addition to the challenges we have faced from the previous administration,” he said. “As I told the secretary and the Detroit City Council, we now know where the problems are and have put the proper processes in place to fix them.”
The state has twice this year withheld millions of dollars in aid to the city because of the overdue audit.