Officials are looking at the possible refunding of the bulk of Detroit’s $8.4 billion in debt as one in a series of moves that a recent report said could save the cash-strapped city up to $600 million.

Mayor Dave Bing last week released a report recommending up to 150 measures that the city’s Crisis Turnaround Team, crafted after months of study. The team is made up of 50 volunteers.

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