Detroit Public Schools continues the fiscal drain on Michigan Taxpayers.
The gravity exerted by SE Michigan is nothing short of incredible.
Bailouts of Arts, Pensions, Water systems, and of course the cherry on the sundae, school debt. From today’s Cap-Con, Summarized here:
“Various bailout plans are currently under discussion in Lansing as an alternative to entering federal bankruptcy court. One plan pitched by Gov. Rick Snyder comes with a $710 million price tag.”
Don’t make any plans with that mattress money folks.