City Of Detroit Teeters On Bankruptcy As State Audits Its Finances

DETROIT, MI - FEBRUARY 24: Graffiti covers an abandoned building at the former Belle Isle Safari Zoo February 24, 2013 in Detroit, Michigan. The city of Detroit has faced serious economic challenges in the past decade, with a shrinking population and tax base while trying to maintain essential services. A financial review team issued a finding on February 19 identifying the city as being under a 'financial emergency.' Michigan Gov. Rick Snyder has 30 days from the report's issuance to officially declare a financial emergency, which could result in the governor appointing an emergency financial manager to oversee Detroit's municipal government. (Photo by J.D. Pooley/Getty Images)
DETROIT, MI - FEBRUARY 24: Graffiti covers an abandoned building at the former Belle Isle Safari Zoo February 24, 2013 in Detroit, Michigan. The city of Detroit has faced serious economic challenges in the past decade, with a shrinking population and tax base while trying to maintain essential services. A financial review team issued a finding on February 19 identifying the city as being under a 'financial emergency.' Michigan Gov. Rick Snyder has 30 days from the report's issuance to officially declare a financial emergency, which could result in the governor appointing an emergency financial manager to oversee Detroit's municipal government. (Photo by J.D. Pooley/Getty Images)
City Of Detroit Teeters On Bankruptcy As State Audits Its Finances
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February 24, 2013
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