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The City Council rejected Mayor Mike Duggan's request for $250 million of bond authority to accelerate the demolition of vacant houses.
November 19 -
Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.
November 8 -
A new academic building for the University of Michigan is to rise on the property where construction of a bond-funded jail was abandoned.
October 31 -
If the bonds are approved in March, the junk-rated city plans to issue $250 million of new money, unlimited tax general obligation bonds in 2020.
September 17 -
The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.
June 27 -
If approved, the junk-rated city would issue $200 million of new money unlimited tax general obligation bonds in the summer of 2020.
May 31 -
The city announced that it has acquired 200 acres of land as part of its deal to land a new assembly plant.
May 23 -
Chief Financial Officer Dave Massaron said Detroit will work with Public Resources Advisory Group to build more robust investor relations as it looks to build out its debt model.
May 10 -
Detroit approved its first budget after leaving state oversight and city officials say they will get its ratings back to investment grade.
April 16 -
Detroit CFO says it's on track to exit state oversight without the need for legislative actions.
April 5







